Latest News | Govt to Provide Industrial Park Facilities to Grow API, Pharma & Nutraceutical Industry

New Delhi, Nov 22 (PTI) The government is proactively looking to provide industrial park facilities to grow active pharmaceutical ingredient (API), pharmaceutical and nutraceutical industry, Chemicals and Fertilizers Minister D V Sadananda Gowda has said.

Indian pharma industry will continue to play a prominent role as the pharmacy of the world, the Chemicals and Fertilizers Ministry said in a statement.

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In his message to an international pharmacist webinar on National Pharmacy Week, he said that the government is sensitive to grievances of pharmacists and is committed to improving the lot of pharmacists. 

"We are also encouraging innovation in pharmaceuticals and medical devices. Research and development funds and other facilitator programs are focus of the Modi government and this is helping improve pharmaceutical offerings," Gowda said. 

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In the coming days, COVID-19 vaccines shall also get manufactured in India, he added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)