Today: 7 February 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

Sukoon’s GO SAVER enhances employee savings 

Sukoon introduces GO SAVER to provide secure end-of-service benefit and workplace savings   Sukoon Insurance has officially launched its GO SAVER Employee Money Purchase Scheme, an innovative solution designed to provide secure

Auto Sector on the Rise in India

The auto expo aims to unite the entire mobility value chain under one umbrella, setting the stage for the future of mobility….reports Asian Lite News India’s auto sector is poised for strong

Retail Auto Sales Defy Challenges

Internal combustion engine two-wheelers faced challenges such as financial constraints and increasing competition from electric vehicles…reports Asian Lite News Retail automobile sales in India increased by 9.1% in 2024, reaching 2.61 crore

Asia-Arab Ties to Forge Global Partnerships

As Oman continues to build its reputation as a critical global trade hub, the Asian Arab Chamber of Commerce and IETO are committed to continuing these efforts through a series of followup
Go toTop

Don't Miss

Dubai Records 69% Rise in New Businesses

The report revealed that 55,194 new business licences were issued

DGCA imposes Rs 20 lakh fine on Air Asia

The DGCA has also imposed a penalty of Rs 3