USA, Europe and India are Ranbaxy's three largest markets. The Indian pharmaceutical market grew nearly 17% in 2009 to Rs. 401 billion and is projected to become one of the top 10 markets globally, reaching $20 billion by 2015 and $30 billion by 2020 with 11-12% annual growth. In 2009, Ranbaxy recorded global sales of $1.519 billion while setting up a new manufacturing facility in South Africa.