India is now being called the pharmacy of the world: Modi

New Delhi: Prime Minister Narendra Modi on Thursday said the global trust earned by the Indian healthcare sector has made the country the pharmacy of the world in recent times.

The Prime Minister said, we believe in the well being of the entire human race and we have shown this spirit to the entire world during the COVID-19 global pandemic.

Modi said, we have exported life saving medicines and medical equipment to more than 150 countries during the initial phase of the pandemic. We have also exported more than 65 million doses of Kovid vaccines to around 100 countries this year.

He inaugurated the first Global Innovation Summit in the pharmaceuticals sector on Thursday. Union Minister Dr. Mansukh Mandaviya was also present on the occasion.

Addressing the gathering, Modi said the pandemic has brought the pharmaceutical sector into sharp focus.

The Prime Minister said, be it lifestyle, medicines, medical technology or vaccines, every aspect of healthcare has received global attention in the last two years.

He said that the Indian pharmaceutical industry has also risen to the challenge.

The Prime Minister also envisioned creating an ecosystem for innovation, which would make India a leader in drug discovery and new medical devices.

He said that policy interventions are being made based on extensive consultation with all stakeholders. He said that India has a huge pool of scientists and technologists who have the potential to take the industry to new heights.

This power needs to be harnessed for Discover and Make in India, he said.

Modi said, today, when 1.3 billion people of India have taken it upon themselves to make India self-reliant. We should look at accelerating domestic manufacturing of key ingredients for vaccines and medicines. This is a frontier that India has to conquer.

The Prime Minister has invited stakeholders to Idea in India, Innovate in India, Make in India and Make for the world.

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