Question

India is the ______ largest. producer of medicine in the world and is also a large ______ of medicine​

Answer 1

Answer:

New Delhi India is the biggest manufacturer of hydroxychloroquine, the anti-malarial drug that is being touted as ‘game-changer’ in the fight against COVID-19 and is being aggressively sought by US President Donald Trump.

Also read: Hydroxychloroquine shows potential to treat COVID-19, a preprint claims

The country has the capacity to quickly ramp up the output of hydroxychloroquine.

Answer 2

India is the 3rd largest. producer of medicine in the world and is also a  largest provider of generic medicines globally

Explanation:

• India's pharmaceutical industry in the year 2017 was projected at US dollars 33 billion and generic medicines constitute 20 percent of global volume exports making India the world's largest generic medication supplier..
• In the early 1960s, and with the "Patents Act of 1970", the govt began encouraging drug production development amongst Indian firms. Indian companies sculpted a niche, which became a boost to the industry, in both Indian and international markets with experience in the reverse engineering  manufacturing drugs at "low costs" that has become  an advantage for the industry.
• India currently has a responsible stake of the drug industry and is recognised as the world's pharmacy and main generic provider. With its revolutionary generic medications and "active pharmaceutical ingredients" (API)., India has gained a foothold in the world.

To know more

What is the growth rate of pharmaceutical industry in india? - Brainly.in

https://brainly.in/question/7906328