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India emerging as world-class cost-effective healthcare destination and global pharma leader

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India emerging as a world-class cost-effective healthcare destination and global pharma leader, Union Minister Dr Jitendra Singh said while addressing Global MedTech Summit-2024 in New Delhi.  He said, Preventive healthcare is the national priority for India’s Vision 2047. Dr Singh also recalled the efforts of the Department of Biotechnology and their achievements in fostering research and development in translational health sciences. He said the Bio-manufacturing and bio-foundry has grown from 10 billion dollars in 2014 to 130 billion dollars in 2024. The Minister also called for Strong Industry-Academia-Research and Entrepreneurship Linkages.

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