Pharma Stocks Rally Far From Over? Expert Sees New Growth Era For Indian Drugmakers Amid Global Expansion

Pharma Stocks Rally Far From Over? Expert Sees New Growth Era For Indian Drugmakers Amid Global Expansion

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Shailendra Bhatnagar
  • Updated Jun 16, 2026 5:16 PM IST

Indian pharma companies may be entering a new phase of growth rather than nearing the end of their rally. Market expert Nishchal Maheshwari believes the sector is witnessing a structural transformation driven by innovation, research, and global expansion. A key milestone is the US approval of a New Chemical Entity (NCE) developed by an Indian company, which could encourage more domestic drugmakers to invest in high-value research. At the same time, leading Indian pharma firms are becoming significant global players, moving beyond their traditional role as suppliers of low-cost generic medicines. With government support for R&D, the China+1 manufacturing shift, and growing global presence, the expert argues that the most exciting chapter for India's pharma sector may still lie ahead.

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