Bharat Express DD Free Dish

India Pharma Sector

PM Narendra Modi highlights India’s pharma sector shift from generic drug production to innovation, focusing on R&D, biologics, and advanced therapies.

The Department of Pharmaceuticals has invited PLI scheme applications to set up manufacturing for 11 products.

India's pharma sector has become the third largest industry globally. The pharmaceutical market has been valued at $50 billion in FY 2023-24.