New Delhi, Feb 21 (IANS) India’s pharmaceutical exports grew by 9.4 per cent in 2024–25 to reach $30.47 billion, and the industry is now preparing to achieve double-digit growth in 2026–27 with strong government support, the Ministry of Commerce and Industry said on Saturday.The interaction, organised on the theme “Scaling up Pharma Exports,” reflected the government’s focus on expanding India’s global footprint in medicines through closer coordination with industry and regulators….
Latest Biopharma Shakti News & Updates
Guwahati, Feb 11 (IANS) Hailing the Union Budget 2026-27 as historic and futuristic, Union Agriculture Minister Shivraj Singh Chouhan said on Wednesday that Rs 6,812 crore has been allocated to the Ministry of Development of the Northeastern Region (MDoNER), which is Rs 897 crore more than the previous Budget.The Budget will bring positive change to the nation as well as to the Northeastern region, he added.Addressing a press conference here, Chouhan also informed that the Ministry of Agricultur…
Washington, Feb 2 (IANS) The annual Union Budget sends a clear policy signal on biopharma and healthcare innovation, the USA India Chambers of Commerce (USAIC) said, citing new investments, expansion of clinical trial infrastructure, and steps toward global regulatory alignment.The government’s early focus on biopharma, including the Biopharma Shakti initiative and the plan to create 1,000 clinical trial sites nationwide, reflected a decisive push to move India up the global value chain in bio…
Gandhinagar, Feb 1 (IANS) The Confederation of Indian Industry (CII) Gujarat on Sunday said the Union Budget 2026 provides a strong and positive framework for accelerating economic growth, strengthening manufacturing competitiveness and improving ease of living. Following a live budget viewing session held in Gandhinagar, CII Gujarat stated that the budget balances immediate economic stimulus with long-term capacity building, guided by the central theme of ‘Sankalp’ and the three stated prio…
New Delhi, Feb 1 (IANS) In her budget presentation, Finance Minister Nirmala Sitharaman outlined measures to keep India’s economic engine running strongly despite global uncertainties, with the Narendra Modi government committing fresh resources to manufacturing expansion, semiconductor development, infrastructure upgrades, and incentives for data centre growth.The Finance Minister proposed raising capital expenditure by 9 per cent to reach Rs 12.2 lakh crore in 2026-27, marking one of the large…
New Delhi, Feb 1 (IANS) The sharp increase in capital expenditure to Rs 12.2 lakh crore, along with new freight corridors, national waterways and city economic region development, directly addresses industry’s concerns around infrastructure gaps and logistics costs, leading industry chamber Assocham said on Sunday.Calling the Union Budget 2026–27 as a forward-looking and reform-driven one that strengthens the foundations of India’s medium- to long-term economic growth, the chamber said it …