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Chemicals and Fertilisers: Aatmanirbhar pharma

4 years of Modi government 2.0: Reducing India's import dependency in pharma and handling the fertiliser crisis have been the ministry's chief preoccupations this term

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Mansukh L. Mandaviya, Minister of Health and Family Welfare, Chemicals and Fertilisers (Photo: Getty Images)
Mansukh L. Mandaviya, Minister of Health and Family Welfare, Chemicals and Fertilisers (Photo: Getty Images)

For long dependent on imports of key starting materials (KSM), active pharmaceutical ingredients (API) and medical devices, the Rs 25,000 crore PLI scheme for pharma, bulk drugs and medical devices could well be turning the tide. Fifty-one projects for APIs, 26 for medical devices and another 55 for pharma have got approval so far with investments of Rs 22,000 crore. A National Medical Device Policy, 2023, was also approved in April.

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