June 18, 2025 2:18 am
Full News

India’s Pharmaceutical Sector Sees Significant Growth Under Modi’s PLI Scheme

India’s pharmaceutical industry is experiencing substantial growth thanks to the Production Linked Incentive (PLI) scheme introduced by the Modi government. The scheme has successfully boosted the manufacturing of high-value drugs, including biopharmaceuticals, complex generics, and treatments for cancer, autoimmune disorders, and cardiovascular diseases.

According to a report from the parliamentary standing committee on chemicals and fertilisers, the PLI scheme has significantly outperformed expectations. Investments under the scheme have reached Rs 33,344.66 crore, nearly double the originally committed Rs 17,275 crore. Additionally, the cumulative sales generated by the scheme have totaled ₹2.26 crore, with export sales accounting for ₹1.44 crore. The growth under the PLI scheme marks a significant milestone in strengthening India’s pharmaceutical sector.

Related News
Shakira Hospitalized for Stomach Issues, Concert in Lima Canceled
Adani’s $100 Billion Renewable Energy Ambitions Derail Amid U.S. Bribery Indictment
U.S. State Department urges Yunus to protect press freedom and peaceful rally
Sri Lanka to Transform Economy and Resume Debt Repayments by 2028, Says President Dissanayake
James to Perform at Historic Concert in the United States
Will Smith Returns to Music After 20 Years
Related Posts
Iran’s Supreme Leader Declares War
EU Moves Toward Full Ban on Russian Oil and Gas as Ukraine War Continues
Trump Extends TikTok Deadline Once Again, Allowing App to Stay in the US
Senate Passes Landmark Cryptocurrency Bill, Advancing Industry Legitimacy
MPs Vote to Decriminalise Abortion in England and Wales
Indonesia Raises Alert to Maximum as Volcano Erupts
More News

Washington Post Criticizes Ban on Awami League, Calls for International Attention to Bangladesh’s Democratic Crisis

Washington, D.C. — The Washington Post has expressed concern over the political developments in Bangladesh following the reported banning of the Awami League. The publication stated that such a move has further complicated the country’s already tense political climate. The decision by the Yunus-led government to outlaw the prominent political party is being widely criticized […]

BJP Leader Rajat Bhardwaj Mukherjee Expresses Concern for Hindu Minorities Amid Bangladesh Power Shift

Rajat Bhardwaj Mukherjee, a prominent figure in the Bengal unit of the Bharatiya Janata Party and head of its foreign affairs division, has voiced concern over the safety of minority communities—particularly Hindus—following the sudden political transition in Bangladesh. In an exclusive interview with Dainik Swadesh Barta, Mukherjee addressed the growing curiosity in Bangladesh regarding India’s […]

Embracing Sobriety: Practical Tips for Reducing Alcohol and Enjoying Social Life

Maintaining a “soberish” lifestyle has become increasingly popular, especially following initiatives like Dry January. Here are strategies for reducing alcohol consumption and enjoying social activities without feeling out of place: Recognize the Impact of AlcoholAcknowledging the negative effects of alcohol on your health and life is crucial. Whether it’s waking up feeling groggy or realizing […]

Enrique’s ‘Special’ Match Against Guardiola, But Not ‘The Most Important’

The match is PSG vs Manchester City. But for Luis Enrique, the importance of this match is a little more. He is facing Pep Guardiola again in the dugout after a long time. The two have played together in the Barcelona and Spain teams during their playing career, they are also very good friends. But […]

Five Medical Students Killed in Plane Crash in India

The Voice News: At least five students from BJ Medical College in Ahmedabad, Gujarat, have died after a plane crash in India. The tragic incident occurred on Thursday (12 June) when the aircraft crashed onto the dormitory of BJ Medical College shortly after taking off from Sardar Vallabhbhai Patel International Airport. The Air India flight […]

Classic Car Market Thrives as Record-Breaking Auctions Continue

The classic car market has seen remarkable growth in recent years, driven by demand far outstripping supply. This surge has led to eye-watering prices, with even models like the Edsel fetching $100,000. However, at the top end of the market, the stakes are even higher, with millions of euros, dollars, or pounds exchanged for historically […]

AI-Driven Caregiver Robot Airec: A Glimpse into Japan’s Elderly Care Future

In Tokyo, the sight of a 150kg AI-driven humanoid robot gently rolling a man onto his side signaled a potential future for Japan’s aged-care sector. Named Airec, this prototype caregiver is designed to address Japan’s aging population and the chronic shortage of aged-care workers. “Given our highly advanced aging society and declining births, we will […]

Indonesia Launches Free School Meal Program with Japan’s Support

Indonesia has initiated a nationwide free school meal program this month, bolstered by Japanese support. Prime Minister Shigeru Ishiba reaffirmed Japan’s assistance during a meeting with Indonesian President Prabowo Subianto on Saturday. President Prabowo, who assumed office in October last year, has made free school meals a cornerstone of his administration’s policies. As part of […]

Modi’s U.S. Visit: Key Trade and Strategic Issues on the Agenda

New Delhi – Indian Prime Minister Narendra Modi embarks on a pivotal two-day visit to the United States on Wednesday, aiming to enhance trade ties and strategic cooperation with U.S. President Donald Trump. The bilateral meeting comes amidst concerns of potential trade tensions and the need to balance trade imbalances. Energy Imports India is set […]

South Korean Court Removes President Yoon, Election to Be Held Within 60 Days

A court in South Korea has officially removed President Yoon Suk-yeol from office. The country’s Constitutional Court delivered the verdict on Friday, stating that a new presidential election must be held within the next 60 days. According to a report by Al Jazeera, the court ruled that Yoon violated citizens’ rights by imposing martial law […]