India's pharmaceutical industry needs to move beyond its traditional strength in cost-effective generic medicines and focus on innovation, advanced manufacturing, quality and global regulatory standards to realise its growth potential, industry experts said. With India targeting a pharmaceutical market of USD 130 billion by 2030, experts at a recent industry event in Hyderabad said the next phase of growth would require greater investments in research and development, digital technologies and contract research and development manufacturing. The discussions were held ahead of the 19th edition of CPHI & PMEC India 2026, scheduled to be held in November across venues in Delhi-NCR. The official launch and precursor event of CPHI & PMEC India 2026, held under the banner of the Pharma Leadership Exchange, brought together pharma leaders, CXOs, industry stalwarts, and key voices from across India's pharmaceutical and life sciences ecosystem. Sarvesh Singh, CEO, Lifesciences and ...
Pharma sector must move from cost competitiveness to innovation: Experts
India's pharmaceutical industry needs to move beyond its traditional strength in cost-effective generic medicines and focus on innovation, advanced manufacturing, quality and global regulatory standards to realise its…
India's pharmaceutical industry needs to move beyond its traditional strength in cost-effective generic medicines and focus on innovation, advanced manufacturing, quality and global regulatory.
Syndicated via official news feed
Syndicated feed content with full publisher credit.
More in Business
Continue reading verified coverage and related developments on this desk.
More from Business
Latest developments and reports from the desk
Faisal Islam: Why bond market wildfire is keeping world leaders up at night
Huge AI spending plans and the ongoing war in Iran are driving up borrowing costs around the world.
EU Moves to Support Ukraine Grain Exports and Shield Farmers
The European Union is looking “at all possible lanes” to support grain exports from Ukraine and is working to blunt the financial impact of extreme weather on farmers as part of a responsibility to safeguard global…
India Raises Record $127 Billion in Forex Deposits From Diaspora
India garnered a record of about $127 billion in foreign-currency inflows from its 35-million-strong diaspora since June through a special dollar-swap window, giving policymakers a bigger cushion to support the rupee…