New Delhi, Oct. 9 -- US-based pharmaceutical company Eli Lilly and Company has announced plans to invest more than USD one billion in India over the next several years, marking one of the largest foreign investments in the country's healthcare manufacturing sector in recent years. Union Minister of Commerce and Industry, Piyush Goyal, welcomed the investment and highlighted the growing presence of India in the global ecosystem.

On Wednesday, in a post on X, Goyal said, "We welcome @EliLillyandCo's $1bn investment in India! This reaffirms our nation's position as a global hub for innovation, R&D, manufacturing, and healthcare solutions. Under PM @NarendraModi ji's leadership, India has made remarkable progress in enhancing Ease of Doing B...