NEW DELHI, JUNE 8 (IANS): India is looking to move beyond generics into innovation-driven pharmaceutical products while continuing to provide affordable medicines to patients across the world, Commerce Minister Piyush Goyal said on Monday.
He invited global pharmaceutical companies to partner with India in its journey towards innovation-led and inclusive healthcare, stating that India’s pharmaceutical industry, currently valued at around $60 billion, can double in size over the next five years.Addressing the Global Ambassador Meet on Pharmaceutical Sector and Curtain Raiser Ceremony of GDRC (Global Drug Regulatory Conclave) 2026 and IPHEX (International Pharmaceuticals and Healthcare Exhibition) 2026 here, Goyal said India sees itself as an integral part of global pharmaceutical supply chains and a trusted partner for countries across the world.
Tuesday, July 14, 2026