Visakhapatnam: India’s Next Big Pharma Export Hub
A quiet transformation is happening on India’s east coast. Visakhapatnam — known for its ports and shipyards — is fast becoming a major pharmaceutical export hub.

A quiet transformation is happening on India’s east coast. Visakhapatnam — known for its ports and shipyards — is fast becoming a major pharmaceutical export hub.

The trade relationship between India and the United States entered a turbulent phase on 27 August 2025, when the US government doubled tariffs to 50% on a wide range of Indian exports. This move has significant implications for Indian businesses, particularly in labour-intensive sectors. At the same time, India is responding with relief measures, long-term export promotion strategies, and a clear push to diversify markets. This article unpacks the developments, their impact on exporters, and how businesses can respond strategically.

The world still buys a lot of pens, books and art kits. Market researchers say the global stationery market was worth about USD 158 billion in 2024 and could jump to USD 238 billion by 2032 – roughly 5 % growth each year. Fortune Business Insights

Yellow maize husk might look like farm waste, but buyers overseas pay real money for it. Feed mills mix it into cattle rations, biomass plants press it into fuel pellets, and eco-packaging makers turn its fibre into cups and trays. The world market for these uses is growing by about ten per cent each year. India alone throws away more than five million tonnes of husk every harvest, so even selling a fraction abroad can open a brand-new revenue stream for small exporters.