'India's pharmacy', Premier Modi suggested a recipe of innovation; Special emphasis on patent with new research and development - Premier Narendra Modi told it to the pharmaceutical industry 79th Independence Day

Prime Minister Narendra Modi, who inspired the country for self -sufficiency, also proposed a recipe of innovation to the pharmaceutical industry. In addition, to mention the capabilities of India, called the world pharmacy, he reminded how India did the well -being of humanity by creating an opportunity for the disaster in the transition period. Jagran Bureau, New -Delhi. Prime Minister Narendra Modi, who inspired the country to self -maintenance, also introduced ‘recipe of innovation’ to the pharmaceutical industry. ‘To speak of India’s abilities called’ The World’s Pharmacy ‘, he reminded how India did the well -being of humanity by creating an opportunity in Korana’s transition period. The prime minister showed the possibilities for the pharmaceutical industry. The prime minister encouraged the youth associated with the pharmaceutical industry and said that we have new records in the vaccine, but that we have no time. Production and exports, this encouragement of the PM could give the pharmaceutical industry ‘moral booster doj’, which has jumped from $ 16.9 billion to 30.4 billion in export figures in the last decade. Vaccoir wanted our own, and the country clearly said it because I am the youth of my country. Crores of people. Quality. The possibility of moving forward from a business point is also strong because India was traditionally strong in the pharmaceutical region, where construction costs are low. The total market of the Indian pharmaceutical industry is $ 130 billion, which is 30-35 percent less than in the US and Europe. The cost of effective research and development is also about 87 percent lower than developed markets. Experts believe that the total market size of the Indian pharmaceutical industry is expected to reach $ 130 billion by 2030 and $ 450 billion by 2047.