India's Free Trade Agreements Boost Pharmaceutical and Healthcare Sectors, Says Commerce Minister
Union Minister of Commerce & Industry Piyush Goyal announced that India's recent Free Trade Agreements (FTAs) are creating new trade opportunities for the pharmaceutical, healthcare, and medical technology sectors. Speaking at a webinar, Goyal emphasized the significance of these agreements in strengthening India's position in global trade, highlighting the country as a key player, often referred to as the 'Pharmacy of the World.' He also stressed the importance of connecting the healthcare sector with exports and skill development to maximize benefits from these trades. Additionally, Goyal underscored global interest in India's economic potential, estimating the economy could reach thirty trillion dollars in the coming decades.
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