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India’s pharmaceutical exports can cross $20 billion by 2020 even though the value of shipments to countries including the US have been hit, an industry body said.This is due to increasing interest from neighbouring countries, including China, on which India has been heavily dependent for crucial ingredients for its formulations, Ravi Uday Bhaskar, director general of the Pharma Export Promotion Council, told ET. However, the local industry needs to focus on strengthening its .. India’s pharmaceutical exports can cross $20 billion by 2020 even though the value of shipments to countries including the US have been hit, an industry body said. This is due to increasing interest from neighbouring countries, including China, on which India has been heavily dependent for…

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