Question : According to IBEF 2021, the Indian pharmaceutical industry ranks _____ in the world based on volume.
Option 1: 9th
Option 2: 5th
Option 3: 11th
Option 4: 3rd
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Correct Answer: 3rd
Solution : The correct option is 3rd .
The Indian Brand Equity Foundation (IBEF) has a mission to position India as a global brand by highlighting its diversity, richness, and cultural heritage. IBEF is dedicated to promoting awareness of India and attracting foreign investment. As per the 2021 report by IBEF, the Indian pharmaceutical industry holds the 3rd position globally in terms of volume.
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