How to Export Medicines from India to Other Countries – Are you an experienced businessman already running a business in the Indian pharmaceutical industry? Or are you a budding pharma aspirant looking to start an export business? If this is the case, then this blog by Sanify Healthcare will clear all your doubts and provide you with way-outs that will allow you to export medicines from India to other countries. India is one of the most highly populated countries in the world with a population of billions. Here, the increasing population has given birth to diversified healthcare and medicine requirements. India stood high in terms of value and volume when it comes to exports. Thus, the scope of exporting medicines is high in a country like India. But the real question arises, How to Export Medicines from India to Other Countries? If you also want to learn more about this, then keep reading this blog till the end.
It is a well-known fact that India is the home of one of the biggest and most well-established pharma industries. Home to thousands of pharma companies, India is the biggest pharma hub across the globe. The country stands at thirteen when it comes to the value and it stands at the third position when we talk about volume. With colossal development and excellent governance, India has established its name as the global leader in healthcare products and drug manufacturing. Hence, the scope of established business and exporting medicines has upsurged in the Indian industry. So, if you have plans to establish exporting business and you want to learn How to Export Medicines from India to Other Countries, then this blog is meant for you.
The wait for all the pharma aspirants, businessmen, investors, and interested business seekers searching for the process to export medicines from one country to the international market ends here. Here, in this section, we will provide you with the complete literature that will allow you to export medicines from a domestic country to another country.
Part one of this process includes applying for IEC (Import Export Code). The IEC is needed to export medicines from India. It is mandatory to get yourself registered at the DGFT (Director General of Foreign Trade) website. By registering, you will receive a 10-digit alphanumeric code and this code is needed to import or export drugs. To apply for the IEC number, you have to follow these steps:
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