New Delhi, April 14 (IANS) While India has built strong foundations in pharmaceuticals, the next phase of growth will require bold investments, deeper ecosystem collaboration, and a shift towards innovation-led development to position the country as a global leader in advanced therapeutics, experts said on Tuesday.The two-day ‘India Pharma 2026’, organised by the Department of Pharmaceuticals, in association with FICCI and IPA, New Delhi, successfully concluded here. The event witnessed part…
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New Delhi, April 13 (IANS) India is poised to lead the global pharmaceutical landscape due to its focus on biologics, biosimilars and specialty medicines, Health Minister JP Nadda said on Monday.The minister highlighted that the government recently launched Biopharma Shakti Initiative with an outlay of Rs 10,000 crore, to advance capabilities in biopharmaceutical innovation, foster innovation and strengthen research capabilities. Union Minister of State for Health and Family Welfare, Anupriya Pa…
New Delhi, April 11 (IANS) Aligned with India’s vision of emerging as a global pharma innovation hub, the ‘India Pharma 2026’ aims to accelerate the sector’s transition from a volume-driven model to a value- and innovation-led global powerhouse, according to an official statement on Saturday.The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, is set to organise the 9th edition of India Pharma 2026, in association with FICCI and the Indian Pharmaceutical Alliance (IP…
New Delhi, 9 April (IANS) Apex business chamber FICCI on Thursday indicated that early signs of stress due to the West Asia conflict are visible across sectors, warranting proactive measures to mitigate immediate risks and build long-term resilience. In a report titled West Asia Conflict: Implications for India and Imperatives for Industry and Government, FICCI suggested a two-pronged strategy for industry, focused on financial resilience and operational continuity. Firms are encouraged to se…
New Delhi, April 8 (IANS) Illicit trade in India remains as a “shadow economy” that impacts consumer trust, honest businesses and public revenues, Minister of Consumer Affairs, Food & Public Distribution Pralhad Joshi said on Wednesday.The objective is not just consumer protection, but consumer prosperity, the minister said as he pointed to initiatives such as the Central Consumer Protection Authority, the National Consumer Helpline, and the Jago Grahak Jago campaign as key pillars in em…
New Delhi, April 7 (IANS) A rate cut in this environment will be fairly difficult because of inflation pressures, so the RBI may stay at current rate levels, Anant Goenka, President of FICCI, said on Tuesday. Speaking to IANS on the sideline of an event, he noted that the ongoing geopolitical crisis “has had several adverse impacts in the form of logistics, cost increases, demand slowdown and long-term uncertainty” for Indian industry.”Industry is grappling with rising uncertainty as global …
New Delhi, March 30 (IANS) India’s pharmaceutical sector is set to take a major step towards becoming an innovation-driven global powerhouse, as India Pharma 2026 aims to accelerate the industry’s transition from volume-based growth to value and research-led expansion, the government said on Monday.The Department of Pharmaceuticals under the Ministry of Chemicals and Fertilisers, in association with the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Indian Pharmaceuti…
New Delhi, March 24 (IANS) India’s media and entertainment (M&E) sector entered a decisive phase of scale, digital dominance and structural transformation in 2025, reaching Rs 2.78 trillion with a 9 per cent growth, outpacing nominal GDP expansion, according to a report.As per a joint analysis by the FICCI and EY, the M&E sector is expected to grow 2.8 per cent to reach Rs 2.86 trillion ($32.9 billion) in 2026, and Rs 3.3 trillion ($37.9 billion) by 2028.Digital media has emerged as th…
New Delhi, March 2 (IANS) Union Tribal Affairs Minister Jual Oram on Monday inaugurated a 12-day festival Tribes Art Fest 2026 at Travancore Palace in New Delhi, reaffirming the government’s aim to preserve tribal heritage alongside structured economic empowerment.Oram said that the Ministry is pursuing an integrated approach to tribal empowerment that combines cultural preservation with socio-economic development.He highlighted major initiatives including PM JANMAN for Particularly Vulnerable…
Nairobi, Feb 24 (IANS) India and Kenya held the fourth meeting of the Joint Defence Coordination Committee (JDCC) in Nairobi on Tuesday, focusing on enhancing defence cooperation in various fields as mentioned in the joint Memorandum of Understanding (MoU) on Defence Cooperation and the BAHARI maritime vision document. During the meeting, the delegations of two nations expressed appreciation for the recent developments in defence cooperation between India and Kenya.”The 4th meeting of the India-…