Tag : Volume

New Delhi (The Hawk): “Let us move from ‘Volume’ to “Value’ leadership to capture global pharmaceutical market. It is time to accumulate knowledge from global best practices in research, manufacturing and innovation and develop our own models focused on accelerating production to meet the domestic demand while increasing our global footprint”. Union Minister for Chemicals & Fertilizers and Health & Family Welfare, Dr. Mansukh Mandaviya exhorted the champions and leaders of Pharmaceutical Industry at the interactive session with Indian Pharmaceutical Alliance. The objective of the meeting was to discuss India’s Pharma Vision 2047 and roadmap for the Indian pharmaceutical sector. The session discussed the current position of the pharma industry in India, key initiatives taken by the Government in the last few years and collaborative steps that will help India to realize this vision.  Reiterating Prime Minister’s vision of attaining Aatmanirbharta in all fields, Dr. Mansukh Mandaviya pushed for making the pharmaceutical sector leapfrog in its growth trajectory in the upcoming years. He said “we already have the required “man power and brand power” and Indian companies today are at an inflexion point to capture top global positions.” India has been acknowledged as “pharmacy of the world” based on its generic medicines production and the volume share in global market. It is time to move ahead and capture the top global positions based on the value too, he stressed. While reiterating India’s philosophy of “Vasudaiva Kutumbakam” he said that “we have always believed in supporting the world while also balancing our domestic demands. It is during the pandemic crisis when world looked up to India, we delivered. This has led to global appreciat ...