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

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