Indian Drugmakers Push for Government Incentives

Indian pharmaceutical companies are asking the government for tax incentives and financial support to boost research on innovative drugs. This request comes as Prime Minister Narendra Modi's government prepares the federal finance budget, set to be presented in July, marking Modi's first major policy move in his third term.

Indian pharmaceutical companies are urging the government to provide tax incentives and financial support to stimulate research on new and innovative drugs.

This call for support comes as Prime Minister Narendra Modi's administration works on the federal finance budget, which is expected to be unveiled in July.

The upcoming budget will be Modi's first significant policy announcement in his third term as prime minister.

(With inputs from agencies.)