New Delhi, Mar 21 (PTI) Union Minister Jitendra Singh on Saturday said India is steadily evolving into a robust pharma economy, which will not only accelerate future growth but also emerge as a significant contributor to the country’s overall GDP.
Speaking at a healthcare summit, the minister said that the growing strength of India’s pharmaceutical, medtech and manufacturing ecosystem is positioning the country as a key global manufacturing hub, particularly in high-quality, affordable healthcare solutions.
“India’s healthcare and medtech ecosystem is undergoing a major shift, with a strong focus on global quality benchmarks, indigenous innovation, and integration of research with industry,” he said.
The minister also noted that over the past decade, India has witnessed a remarkable transformation in healthcare, moving from a largely import-dependent system to one driven by indigenous capabilities.
He said, “Earlier, critical medical devices, implants, and even advanced drugs were largely sourced from abroad, making treatment expensive and inaccessible for many. Today, India is developing its own antibiotics, vaccines, and advanced therapies, marking a decisive shift towards self-reliance.” PTI ALC NB NB
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