Today: 15 September 2025
28 October 2021
1 min read

Pharma sector is our religion: Mandaviya

The world’s industry should take advantage of the efforts being made by the Indian Government to make this country the best investment destination,” Minister added…reports Asian Lite News

Union Health Minister Mansukh Mandaviya on Wednesday said that India is the world’s largest generic and affordable medicine supplier.

“Pharma sector is our religion, we believe in the concept of ‘Vasudhaiva Kutumbakam”, said the Minister.

Addressing an Investor Summit virtually on ‘Opportunities and Partnerships in Pharmaceuticals and Medical Devices’, he said: “After the Covid pandemic, the investment in India’s pharma sector has significantly increased. India’s behaviour has always been pro industry.”

“I would like to tell investors that Prime Minister Narendra Modi ji said to invest in India, set up an industry here. You are as safe in India. The world’s industry should take advantage of the efforts being made by the Indian Government to make this country the best investment destination,” he added.

pharma industry

Talking about being pro-farmer and industry-friendly, Mandaviya said: “We see to it that the industries go ahead and sustain. Indian companies never cheat while making supplies. Our character is to maintain quality.”

The virtual summit was a part of the vision to further strengthen India’s position globally in terms of pharmaceuticals and medical devices. The session was held to discuss how India can develop as a land of opportunities for medical devices and the key learnings from the leading innovators.

The summit provided an opportunity for industry participants to discuss the success stories from the Indian medical devices sector, end to end integration for enhancing vaccine manufacturing capabilities, financing start-ups in the pharmaceutical and medical devices sector.

ALSO READ: Climate change may reduce farm incomes in India by 15%

Previous Story

Rafael Nadal promotes the use of Kia’s electrical vehicles with new EV6

Next Story

Abu Dhabi Festival presents Uncle Naji

Latest from Business

Gold Shines Bright Amid Global Jitters

Gold and silver continued their bullish run on Monday, scaling new highs amid mounting global uncertainties, heightened geopolitical tensions, and growing expectations of a US Federal Reserve rate cut. According to the

ADNOC signs 15-year LNG deal with Indian Oil

Under the deal, LNG cargoes can be delivered to any port across India, enhancing the country’s energy security and meeting its rising energy demand. Abu Dhabi National Oil Company (ADNOC) has signed

India Inc Eyes Upswing

Private equity (PE) remained comparatively stable in Q2, clocking 357 deals worth $7.4 billion — the second-highest volume since Q4 2022. However, deal values dipped on a quarter-on-quarter basis due to the

Apple Appoints Sabih Khan as New COO

Khan will take over from Jeff Williams, who is stepping down from the role this month and will retire later this year…reports Asian Lite News Apple has announced that Sabih Khan, an
Go toTop

Don't Miss

Sri Lanka appreciates India’s continued support in maritime surveillance

The Donier-228 maritime surveillance aircraft will replace the one which

India seeks set norms for BRICS expansion

As many as 19 countries have expressed interest in membership