Mumbai, December 19, 2024 - According to the latest market report, India has become the fastest-growing market for pharmaceutical packaging in Asia, with an annual growth rate of 9.2%. The rapid growth is mainly due to India's status as the world's largest producer of generic drugs and the continuous expansion of domestic pharmaceutical production capacity.

Local pharmaceutical packaging enterprises in India are accelerating the upgrading of production technology to meet the export standards of developed countries. At the same time, international packaging giants such as Amcor and Berry Global are increasing their investment in India to seize the huge market opportunities.