Comm secy asks pharma sector to cut dependence on imported raw materials
India's Commerce Secretary Rajesh Agrawal has called for greater self-reliance in the pharmaceutical sector. He wants the industry to produce 80-90% of its needs domestically. This move aims to reduce dependence on imported raw materials. India is...
Addressing an event in Hyderabad, he said while India exports to around 200 countries, there remains significant scope for expansion and resilience-building through a stronger market presence.
Emphasising the need to navigate an increasingly uncertain and geopolitically volatile global environment, he said: “The importance of ensuring greater self-reliance by meeting 80-90% (or higher) of domestic pharmaceutical requirements through indigenous production, while reducing critical import dependencies in APIs, bulk drugs, and intermediates”.
He also emphasised the “importance of insulating import supply chains in a geopolitically fragmented world, where availability may be important”.
India is the third-largest producer of pharmaceuticals globally by volume and 14th by value. Pharma exports rose 5% on-year in April-February FY26, at $28.29 billion.
Stressing the need for a strategic repositioning of India as a global hub for both quality and cost-effective pharmaceuticals, Agrawal said that quality will remain the decisive factor in healthcare.
He called for the development of a robust quality ecosystem to enhance global trust, aligning with emerging industry trends such as biologics and biosimilars and the need to transition from a volume-driven to a value-driven industry through greater focus on innovation, including participation in developing new patents, alongside continued strength in generics.
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