Growth In The Pharma Sector Under The Vision Of PM Modi

Growth In The Pharma Sector Under The Vision Of PM Modi

Over the years, India’s pharmaceutical companies have created their name worldwide with their life-saving medicines at the most affordable prices. Moreover, since the outbreak of COVID-19, India's pharmaceuticals company are souring new heights every day.?

India's Prime Minister Narendra Modi has given a lot of importance to the pharmaceutical industry. Also, in the vision of Prime Minister Narendra Modi, India has made clear its aspirations for self-reliance.?

Indian pharmaceuticals cut down the dependence on foreign countries for Active pharmaceutical ingredients and to produce their APIs. At every stage of the pharmaceutical company's growth, the Indian government provides political support to it under PM Modi's leadership.??

Also, the Indian political environment gives support to the private pharmaceutical sector as well. Indian pharmaceutical companies like Globela Pharma are innovating pharma and producing high quality medicines at a low cost. Globela Pharma and other pharmaceutical companies are supplying low-cost generics and affordable medicines worldwide.?

India's pharmaceutical industry also focuses on two aspects, exports of medicines and research and development.?

Focus on exports- India’s pharmaceutical exports medicines to several developed and developing countries. Like Globela Pharma, leading the pharmaceutical revolution in 42+ nations across the globe with highly researched, affordable and accessible healthcare products.

Focus on R&D- Indian pharmaceutical companies along with the support of the Indian government are investing in state of art research and development. Similarly, Globela Pharma is working rigidity to make the R&D department the strongest of it. Globela has a DSIR-approved, well-established in-house R&D Center with the best infrastructure, a team of experts and certifications.

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