Indian pharma industry likely to reach $100-bn and medical devices sector to $50bn by 2025 : D V Sadananda Gowda
Express Pharma|March 16-31, 2020
Gowda spoke at the India Pharma and India Medical Device 2020 event where FICCI-EY report ‘Reshaping India into a life sciences innovation hub’was also released
Indian pharma industry likely to reach $100-bn and medical devices sector to $50bn by 2025 : D V Sadananda Gowda

'India Pharma and India Medical Device 2020’,organised by FICCI, jointly with the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Government of India is currently undergoing in Ahmedabad. The three-day event will witness a conglomeration of policymakers, national and international leaders from medical technology industries, academic and research fraternity.

DV Sadananda Gowda, Minister of Chemicals and Fertilizers, said that the Indian pharmaceuticals and medical devices sector has the potential to become the world leader and government will provide all necessary support. According to him, India today is a major hub for medical devices and diagnostics. There have to be certain interventions by the government as far as polices are concerned.

He said that affordability of the medicines is one of the prime concerns of society. “In developing countries where a large section of the population is poor and out of pocket expenses are very high, affordability of the medicines is one of the prime concerns of the society,” he added.

This story is from the March 16-31, 2020 edition of Express Pharma.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the March 16-31, 2020 edition of Express Pharma.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM EXPRESS PHARMAView All
Achieving Aatmanirbharta In APIs Are We On The Right Track?
Express Pharma

Achieving Aatmanirbharta In APIs Are We On The Right Track?

As India gears up to celebrate its 75th Independence Day, self reliance in APIs remains a key goal for the pharma sector. AatmaNirbharta will be crucial for the sector as it continues to protect the country from the existing and emerging health threats

time-read
9 mins  |
August 2021
Yokogawa launches OpreX Data Model Broker
Express Pharma

Yokogawa launches OpreX Data Model Broker

A plant data transformation platform, OpreX automatically verifies discrepancies and inconsistencies in data to improve efficiency in plant construction and operation

time-read
2 mins  |
August 2021
Understanding the nuances of generics injectables
Express Pharma

Understanding the nuances of generics injectables

At a webinar, explaining the West Pharma's AccelTRA Components Program, industry experts explained why the use of glass vials and stoppers as primary container closure systems (CCS) has become crucial

time-read
6 mins  |
August 2021
Trending in nutraceuticals: Science meets sustainability
Express Pharma

Trending in nutraceuticals: Science meets sustainability

Zeljko Pockaj, Vice President, Global Pharmaceutical Industry, mentions the key trends that are believed to drive innovations and formulations for nutraceuticals’ development around the globe

time-read
3 mins  |
August 2021
The growth of e-pharmacies in India
Express Pharma

The growth of e-pharmacies in India

Rahul Nath Choudhury, Research fellow, ICWA, explains what motivates people in the pharma industry to invest into e-pharmacies, along with various other growth factors associated with these

time-read
4 mins  |
August 2021
Xylitol and Maltitol: Low-calorie sugar alternatives
Express Pharma

Xylitol and Maltitol: Low-calorie sugar alternatives

Polyols like Xylitol and Maltitol offer important health benefits. Unlike general sugar-free sweeteners, these do not have any bitter-after taste

time-read
4 mins  |
August 2021
Single-use TC gaskets and their importance
Express Pharma

Single-use TC gaskets and their importance

Depending on the application, gaskets are manufactured by different types of Material of Construction (MOC) such as Silicone, EPDM, Viton (FKM), Nitrile, Neoprene, PTFE, etc.

time-read
2 mins  |
August 2021
It's important to enhance customer experience so that existing customers are more loyal
Express Pharma

It's important to enhance customer experience so that existing customers are more loyal

Sheshgiri Kamath, CEO and co-founder, Kapture CRM, expands on why it is important for pharma companies to enhance customer experience, and how the right CRM solution can help companies to identify, address and manage customer expectations more effectively, in an interaction with Viveka Roychowdhury

time-read
5 mins  |
August 2021
From HIV to COVID-19: The role of liposomal nanotechnology as an NDDS of choice
Express Pharma

From HIV to COVID-19: The role of liposomal nanotechnology as an NDDS of choice

Arun Kedia, Managing Director,VAV Life Sciences, elaborates how NDDS have proved to be beneficial with applications across various medical therapies ranging from HIV to cancer to COVID-19 treatment

time-read
4 mins  |
August 2021
Ensuring pharma compliance with testo data loggers
Express Pharma

Ensuring pharma compliance with testo data loggers

Testo data loggers can be used to test the optimum conditions for specific products or surroundings

time-read
2 mins  |
August 2021