The legal drugs market is worth about Rs. 1.5 lakh crore in terms of retail sales, according to the data from the Federation of Indian Pharmaceutical Industries.
According to a 2015 report by the World Health Organisation, the number of drugs in the world market worth over Rs. 7 lakh crore, including pharmaceuticals, drugs and cosmetics, was only 2,000 in 2016.
In India, the sector is a $15.6 billion market, according the latest figures from IFPI.
The industry contributes nearly $1.2 trillion to the economy, according government data.
The government has set up the Narcotics Control Board (NCB) in 2017 to regulate the supply of legal drugs in India.
The NCB has a committee of experts who are also the heads of various other boards and agencies like the Ministry of Health, Drugs and Consumer Protection, the National Pharmaceutical Board, the Indian Medical Council and the National Drug Strategy.