ANI
27 May 2023, 00:56 GMT+10
New Delhi [India], May 26 (ANI): India's pharmaceutical industry is robust and resilient and that is exactly why it could not only meet its own demand during the pandemic but also was in a position to supply medicines to 150 countries, Union Minister of Health and Family Welfare Mansukh Mandaviya as he inaugurated the 8th International Conference on Pharma and Medical Device Sector.
This two-day conference is organized by the Department of Pharmaceuticals in association with the Federation of Indian Chambers of Commerce and Industry (FICCI) to promote India as a manufacturing hub of quality medical products.
"India played a phenomenal role in meeting the requirements of not just its domestic but needs of many others under unprecedented circumstances," Mandaviya said.
India's pharmaceutical sector, also called by the government the 'Pharmacy of the World', according to Mandaviya, will be contributing more in the coming years for domestic needs and at the same time to cater to global demand.
He said India's competitive advantage over other nations is price competitiveness and quality.
He further added "if we are to continue being 'Pharmacy of the World', there can be no laxity with the quality of our pharmaceutical products, our products should also be affordable and competitive in the global market." (ANI)
Get a daily dose of India Gazette news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to India Gazette.
More InformationLONDON, England: The BBC has reported that Jaguar Land Rover owner Tata Motors is planning to build a multi-billion pound ...
MENLO Park, California: As part of the last stage of a three-series round of staff layoffs, part of a plan ...
WASHINGTON D.C.: On its website, the US Federal Trade Commission (FTC) has said it is probing Abbott Laboratories and other ...
Representative Mike Gallagher, chair of the U.S. House of Representatives committee on China, says that after Beijing banned the sale ...
NEW YORK, New York - A relief rally hit Wall Street Friday as lawmakers made some progress on the debt ...
ALEXANDRIA, Virginia: Boeing Chief Executive Dave Calhoun said sector-wide supply chain problems that have hampered global jetliner production might not ...
Ambala (Haryana) [India], May 28 (ANI): In view of protesting wrestlers' call for women Maha Panchayat in front of the ...
New Delhi [India], May 28 (ANI): The Rashtriya Janata Dal on Sunday allegedly equated the structure of the new Parliament ...
New Delhi [India], May 28 (ANI): Ahead of a march by wrestlers towards the newly-built Parliament building, Delhi Police on ...
New Delhi [India], May 28 (ANI): Prime Minister Narendra Modi will address the 101st edition of his monthly radio programme ...
New Delhi [India], May 28 (ANI): Prime Minister Narendra Modi unveiled a 12-step initiative in the third Forum For India-Pacific ...
New Delhi [India], May 28 (ANI): After 73 nail-biting contests and high-adrenaline games, IPL 2023 has reached its crescendo with ...