Minister Urges Pharma Industry to Boost Exports and Innovation

Minister of State for Commerce and Industry Jitin Prasada calls upon the pharmaceuticals industry to enhance exports and capitalize on growth opportunities. He emphasizes India's role as the 'pharmacy of the world' and the need to focus on quality, innovation, and global competitiveness in both generic and other sectors.

Minister of State for Commerce and Industry Jitin Prasada on Wednesday urged the pharmaceuticals industry to bolster exports and capitalize on burgeoning opportunities for growth.

Prasada highlighted India's standing as the 'pharmacy of the world' and stressed the importance of focusing on the strengths of the generic sector, as well as ensuring backward and forward linkages.

''The minister urged the industry to prioritize innovation, quality, and global market engagement. International competitiveness will be paramount,'' declared the commerce ministry in a statement.

(With inputs from agencies.)