Indian pharma sector’s value can grow 150% to ₹10 lakh crore by partnering with academia: PM Modi
2 weeks, 2 days ago

Indian pharma sector’s value can grow 150% to ₹10 lakh crore by partnering with academia: PM Modi

The Hindu  

With proper coordination between the private sector and academia, the Indian pharma sector’s valuation could grow to ₹10 lakh crore, from its current worth of ₹4 lakh crore, Prime Minister Narendra Modi said on Wednesday in a post-budget webinar on health and medical research. “At present, the Ayushman Bharat and Jan Aushadhi schemes have saved more than ₹1 lakh crore for patients from the poor and middle classes, and the PM-Ayushman Bharat Health Infrastructure Mission is not only giving rise to new hospitals but is also creating a new and complete health ecosystem,” Mr. Modi said. Additionally, affordable medicines from 9,000 Jan Aushadhi Kendras have saved about ₹20,000 crore for the poor and middle classes all over the country,” Mr. Modi said. Emerging technology Regarding human resources in the sector, Mr. Modi said that more than 260 new medical colleges have been opened in the last few years.

History of this topic

Government spending for healthcare increased under Modi regime: Nadda
2 days ago
Govt floats EOI for doing major Research & Development in pharma medtech sector and drugs
Trending News
1 week, 4 days ago
Aushadhi Kendras serving millions: Union Health Minister JP Nadda
1 week, 6 days ago
Health Gets 30 per Cent More Funds Than Last Year: Minister
1 week, 6 days ago
Under Janaushadhi scheme, people saved ₹30,000 crore in last 10 years: Centre
2 weeks, 4 days ago
India eyes global pharma dominance with a ₹5,000 crore revitalisation plan
Trending News
3 weeks, 2 days ago
Union Budget: Cancer drugs to get cheaper, special attention to women and child healthcare
1 month, 2 weeks ago
Patients saved ₹16,000 crore under Centre’s free dialysis scheme
1 month, 3 weeks ago
Ayushman Bharat Yojana: Free treatment up to Rs 10 Lakh in select states | IN PICS
1 month, 3 weeks ago
Strategic budget interventions can position Indian pharma for global leadership
1 month, 3 weeks ago
Centre's Jan Arogya scheme reduced cancer patients' financial burden: PM Modi
2 months, 3 weeks ago
Indian pharma sector to grow 9-11% in FY26: From Lupin to Max Healthcare—Top 5 stock picks by Motilal Oswal for 2025
2 months, 3 weeks ago
Modi govt’s PLI schemes helping India make high-value drug as investors see profit
3 months ago
Healthcare saw major reforms in past 10 years: HDK
4 months, 1 week ago
A ‘corrective’ budget’ to repair AP: Health Minister Yadav
4 months, 1 week ago
PM Modi Extends Ayushman Bharat to Senior Citizens Aged 70 Yrs, Above
Trending News
4 months, 3 weeks ago
Number Of Medical Colleges Nearly Doubles To 731 Since 2014, UG Seats Rise By 118%: JP Nadda
7 months, 2 weeks ago
Budget 2024: Health and Pharma industry eyes increase in GDP
7 months, 3 weeks ago
Union Budget: Stimulating pharma and healthcare for Amrit Kaal
1 year, 2 months ago
India pharma industry to reach $130 billion by 2030
1 year, 3 months ago
Mega schemes for pharma development, med-tech innovation and reducing dependency API import to be announced next month
1 year, 6 months ago
PM Modi to launch health infra projects worth ₹3,400 cr in Assam on Friday
1 year, 11 months ago
PM Modi to launch projects worth ₹8,500 cr in Guwahati on April 14
1 year, 11 months ago
India can be third largest economy by skilling: PM Modi
2 years ago
Budget 2023: Experts Hope For Increased Thrust On Medical Education, Drug Research, AYUSH, Child And Maternal Health Initiatives
2 years, 1 month ago
Union Budget 2023-24: Will Budget provide a booster dose for Indian pharmaceutical industry?
2 years, 1 month ago
How are drug prices regulated in India? | In Focus podcast
2 years, 2 months ago
'Bid to sully India’s tag as pharmacy of the world'
2 years, 2 months ago
Health Matters: This Healthcare Plan, if Done Right, Could be Modi Govt's Next Showstopper in Poll Rallies
2 years, 11 months ago
Modi to interact with beneficiaries of affordable medicine scheme
3 years ago
It’s up to us how to create better solutions of AYUSH for ourselves and for the world as well: PM
3 years ago
India doesn't take Priyanka Gandhi seriously: UP minister on Rs 10 lakh treatment promise
3 years, 4 months ago
Kerala CM Seeks Tax Waiver for Imported Drug Obtained Through Crowdfunding
3 years, 8 months ago
Budget 2021: What startups expect from Modi sarkar
4 years, 1 month ago
Govt preparing a budget 'as never before': Sitharaman
4 years, 3 months ago
21 lakh people in Gujarat received free treatment under Ayushman Bharat: PM Modi
4 years, 4 months ago
Govt Has Taken Several Measures to Reduce Dependence on Import of Medical Devices: Gowda
4 years, 7 months ago
As India unlocks amid coronavirus outbreak, PM Modi addresses nation
4 years, 8 months ago
At 10% of GDP, Modi’s ’self-reliant India’ mission ranks among biggest in world
4 years, 10 months ago
Fight for the finite: On budgetary allocation for health
5 years ago
India’s drug price fix is hurting healthcare
5 years, 4 months ago
Indian Medical Association terms budgetary allocation for health sector 'inadequate'; says health India's blind spot
5 years, 8 months ago
Budget 2019-20: IMA gives thumbs down to health sector budgetary allocation
5 years, 8 months ago
Doctors Disappointment: Hopes for investments beyond Ayushman Bharat cover crash
5 years, 8 months ago
Doctors loot funds for poor in Ayushman Bharat Yojana, probe on
5 years, 9 months ago
To fund Ayushman Bharat, govt plans to evaluate cost of health services first
6 years ago
PM Narendra Modi’s historic decision to introduce ‘Ayushman Bharat’ benefits 10 crore families
6 years ago
Health budget focuses only on Ayushman Bharat, other schemes ignored
6 years, 1 month ago
Budget 2019: 'Pro-poor' Ayushman Bharat remains to be star in Healthcare sector schemes
6 years, 1 month ago

Discover Related