Government Initiatives to Boost India's Pharmaceutical Sector

Official Press

22 Jul 2025

The Ministry of Chemicals and Fertilizers has launched several schemes to enhance India's pharmaceutical sector, aiming for self-reliance and innovation. Key initiatives include the PRIP scheme with ₹5,000 crore funding for research and development, the PLI Scheme to boost manufacturing capabilities, and the Bulk Drug Parks Scheme to reduce import dependence. Over six years, drug exports have surged by 92%, reflecting the success of these initiatives. The Pradhan Mantri Bhartiya Janaushadhi Pariyojana scheme has also made quality medicines affordable, saving citizens approximately ₹38,000 crore.

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Recent Diplomatic Updates from India's Ministry of External Affairs

Key Diplomatic Updates from the Ministry of External Affairs

India-Sri Lanka HTA Workshop Commences for Health Technology Assessment

VOC Port Hosts Key Event on AI Advances in Maritime Operations