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Indian pharma industry expected to grow to Rs10 lakh crore by 2030: PM Modi
Pharma, as well as the automobile, tourism, space and food processing sectors are expected to grow at a rapid pace, said PM Modi
- By PharmaNews Live Desk
- New Delhi
- Aug 28, 2023
Prime Minister Narendra Modi on Monday said that India is set to emerge among the top three economies in the world in this decade which will bring benefits to the common man of the country.
The Prime Minister was addressing a Rozgar (employment) Mela where he said that the pharma, as well as the automobile, tourism, space and food processing sectors are expected to grow at a rapid pace and that it will result in employment opportunities for the youth.
“The pharmaceutical industry, worth Rs four lakh crore at present, is expected to grow to Rs 10 lakh crore by 2030”, said the Prime Minister.
“Every sector has to develop. From food to pharmaceuticals, from space to startups. When every sector will progress the economy will grow,” he said.
The PM distributed over 51,000 appointment letters to the youth during the Rozgaar Mela.