In 2017, India’s pharmaceuticals market was valued at US$33 billion. By 2020, it’s expected to reach a staggering US$55 billion. Pharma exports out of the world’s sixth largest economy are currently worth US$17 billion alone, but these are on the up, with figures likely to reach US$20 billion by 2020.
IAG Cargo is part of this growth, having in one week shipped 10 tonnes of tetanus vaccines from India to Nigeria, and nearly two tonnes of antiemetic (used to alleviate chemotherapy-induced nausea) medication to the US.
In just the last two years, IAG Cargo’s Constant Climate product has transported more than two billion vaccines across 90 countries, ensuring conditions in the hold are strictly temperature-controlled to protect the viability of the medication.
As we work to eliminate preventable diseases like tetanus, these shipments become ever more important. The World Health Organisation found that the average person needs just six doses of the tetanus vaccine to be immune for life. We’re on the right track – since 1988, we’ve seen a 94 per cent reduction worldwide in cases of maternal and neonatal tetanus (MNT), but there’s a long way to go –there are still 14 countries where the disease still exists.
Whether pre-packaged pills or delicate medicinal vials, we’re proud to be part of India’s journey in becoming a global leader in providing life-saving drugs. Find out how our Constant Climate product can help you.