India, March 3 -- The Government of India has issued a release:
Budgetary Provision of Rs.13,000 cr for Bio-Pharma SHAKTI and 3 dedicated Chemical Parks in the country is a strategic bet on India's future said Union Minister of Chemicals and Fertilisers Shri J P Nadda. Addressing the post-Budget Webinar on the theme "Sustaining and Strengthening Economic Growth" today he said that as emphasised by Prime Minister Shri Narendra Modi in his opening remarks FTAs are a gateway for Viksit Bharat and new opportunities for Indian industries to expand globally.
Noting that India became 'Pharmacy of the world' through generics, the Minister said 40% of medicines globally will be biologics by 2035. $300 billion worth patents are expiring by 2030. No...