Prime Minister Narendra Modi said on Thursday that India exported 65 million doses of anti-Covid-19 vaccines to over 100 countries this year and will export more doses in the coming days after increasing its capacity. Addressing the first Global Innovation Summit of the Medicine Sector, the Prime Minister claimed that the country is today being called the ‘Pharmacy of the World’ because of the global trust that the Indian healthcare sector has gained. He said that India’s vision is to develop an environment for innovation in which the country can lead the world in the field of drug discovery and medical equipment. “Our policies are being framed on the basis of extensive consultation with all stakeholders,” he said.
Citing the wide availability of scientists and scientists who have the potential to take India to new heights, the Prime Minister said that the potential to “discover and build in India” should be harnessed further. “Today, the pharma sector, with a trade surplus of about $13 billion and employing 3 million people, is contributing significantly to the country’s economic growth. Foreign investment of over $12 billion has come in the country’s healthcare sector since 2014. The potential of the sector is much more than this.” He also urged those investing in this sector to invest in India.
The objective of the conference is to bring together key Indian and international stakeholders, academicians, investors and researchers from the government and industry, on a single platform, to discuss various priorities and strategize to foster an excellent environment for innovation in India’s pharmaceutical industry. should bring. The two-day summit will have 12 sessions and more than 40 national and international speakers will deliberate on a range of topics including regulatory environment, funding innovation or funding, industry-academic collaboration and innovation infrastructure .
The summit will be attended by prominent members, executives, investors and researchers from the Massachusetts Institute of Technology, John Hopkins Institute, IIM Ahmedabad and other prestigious institutions from the pharma or pharmaceutical industries from home and abroad. Union Minister Mansukh Mandaviya was also present on the occasion.