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…
Latest Ministry of Chemicals and Fertilizers News & Updates
New Delhi, March 27 (IANS) The Department of Fertilisers has secured long‑term agreements and memoranda of understanding with resource‑rich nations to ensure a stable supply for domestic production of fertilisers and thus mitigate geopolitical risks, an official statement said on Friday.To boost domestic substitution, the government is encouraging capacity expansion under the Nutrient‑Based Subsidy scheme, Union Minister JP Nadda said in Lok Sabha.The government reiterated its commitment t…
New Delhi, March 20 (IANS) India’s production-linked incentive (PLI) schemes for pharmaceuticals have driven cumulative investments of Rs 41,943 crore in both brownfield and greenfield projects, the Parliament was informed on Friday.The investments substantially exceed the targeted committed investment of Rs 17,275 crore over the six-year period of the scheme, Minister of State for Chemicals and Fertilisers, Anupriya Patel, said in a written reply in the Lok Sabha.The incentive scheme generate…
New Delhi, Jan 28 (IANS) The free trade agreement (FTA) between India and the European Union (EU) unlocks access to the $572.3 billion EU pharmaceuticals and medical devices market, giving impetus to the Indian pharmaceuticals sector, according to the government.According to the Ministry of Chemicals and Fertilizers, this would enable pharma industries to scale, generate employment, and reinforce India’s positioning as a reliable partner in the pharmaceuticals sector underlining its growing st…
New Delhi, Jan 16 (IANS) The government on Friday said that against an estimated national requirement of about 152.50 crore bags (722.04 lakh tonnes) of fertilisers, it ensured a total availability of around 176.79 crore bags (834.64 lakh tonnes) in 2024-25.The government ensured record availability of fertilisers for farmers during the year 2024-25 to meet their agricultural needs in a timely manner.“This surplus availability reflects the government’s strong commitment to supporting farmers…