New Delhi, June 9 (IANS) Commerce and Industry Minister Piyush Goyal said on Tuesday that India is well-positioned to serve the world as an innovator, manufacturer, reliable supplier of affordable medicines, partner in advanced healthcare technologies, and destination for contract manufacturing.Addressing the Global Ambassador Meet on the Pharmaceutical Sector here, the minister noted that Indian medicines are widely accepted across global markets owing to the industry’s established quality st…
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New Delhi, June 8 (IANS) India is looking to move beyond generics into innovation-driven pharmaceutical products while continuing to provide affordable medicines to patients across the world, Commerce Minister Piyush Goyal said on Monday.He invited global pharmaceutical companies to partner with India in its journey towards innovation-led and inclusive healthcare, stating that India’s pharmaceutical industry, currently valued at around $60 billion, can double in size over the next five years.Add…
New Delhi, Jan 5 (IANS) India’s pharmaceutical exports reached $30.47 billion in FY 2024–25, registering a 9.4 per cent year-on-year growth, and are on track to surpass last year’s performance in the current financial year, the Pharmaceuticals Export Promotion Council of India (PHARMEXCIL) informed Commerce Secretary Rajesh Agrawal on Monday.PHARMEXCIL also highlighted India’s position as the third-largest pharmaceutical producer globally by volume and a trusted supplier of affordable, q…