New Delhi: Prime Minister Narendra Modi on Thursday said the Vision of India was to create an ecosystem for innovation that would make the country a leader in the discovery of drugs and innovative medical devices.
He handled the first global innovation summit from the pharmaceutical sector.
Noting that India has exported more than 65 million doses of Covid-19 vaccine to nearly 100 countries this year during a pandemic, the Prime Minister said that the “global trust” obtained by the Indian health sector has led to a country called “World Pharmacy”.
“Our policy interventions are made based on extensive consultation with all stakeholders,” he said.
He said India has a large collection of scientists and technologists with the potential to bring the industry to a larger altitude, adding that this power needs to be used to “find and make in India”.
“Today, when 1.3 billion people in India have taken it to make India ‘Aatmanirbhar’ (Mandiri), we must think about increasing the domestic manufacture of the main ingredients for vaccines and drugs,” he said at the top.
“We must increase the export of raw materials and meet the demands of our traditional medicines, the prime minister added, and said that last year, India had exported herbal medicines $ 1.5 billion.
‘Tie, innovating, making in India'” All of you to associate in India, innovate in India, make it in India and make the world.
Find your true power and serve the world, “said PM Modi on Thursday through video conferencing.
He noted that whether it was a lifestyle, or medicine, or medical technology, or vaccine, every aspect of health care for the past two years.” This context, the Indian pharmaceutical industry has also increased for challenges, “he said.” We exported saved medicines and medical equipment to more than 150 countries during the initial phase of the pandemic, “PM mentioned in the address.
‘Pharma the main driver of the economic growth sector India’modi also said that Indian health definitions were not limited by physical boundaries and that the state believed in the welfare of all humanity.
Employing nearly 3 million people and with a trade surplus of USD 13 billion, the Pharma sector was the main driver of Indian economic growth, said Modi.
Sector Indian health care attracts foreign direct investment of more than USD 12 billion since 2014 and there will be a lot again, he said.
The two-day summit will have 12 sessions and more than 40 national and international speakers who negotiate in various subjects, including the regulatory environment, funds for innovation, industrial-academic collaboration and innovation infrastructure, according to the Prime Minister’s office.