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Indian Pharma Market Expected To Grow To $130 Billion By 2030: DV Sadananda Gowda
India is being applauded globally in its fight against COVID, development of 7 more vaccines is in pipeline: Mansukh Mandaviya
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Speaking at the curtain raiser event ‘India Pharma & India Medical Device 2021’ scheduled on 25-26 February & 1-2 March 2021, D V Sadananda Gowda, Minister for Chemicals and Fertilizers said the total market size of the Indian Pharma Industry is expected to reach the US $ 130 Billion by 2030. The medical devices industry in India has the potential to reach $ 50 bn by 2025.
The ‘India Pharma & India Medical Device 2021’ will be the 6th edition of the annual program on the Pharmaceuticals & Medical Device sector that is jointly organized by the Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers with FICCI and Invest India. The theme for this year India Pharma is ‘Indian Pharma Industry - ‘Future is Now’ and for In
Handset makers want proposed duty on components rolled back
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They have argued that the tariff will hurt the plans of global value supply chains looking to shift to India and domestic device makers alike. It will also threaten investment and production targets set under the Production-linked Incentive (PLI) scheme, they said.
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Mobile handset makers have urged the government to roll back the 2.5% customs duty on some components proposed in the budget. They have argued that the tariff will hurt the plans of global value supply chains looking to shift to India and domestic device makers alike. It will also threaten investment and production targets set under the Production-linked Incentive (PLI) scheme, they said.
Messe Frankfurt Asia Holdings Ltd. Hybrid online-physical platforms the way ahead Messe Frankfurt calls itself the marketing and service partner for trade fairs, congresses and other events and its website quoting preliminary data says that in spite of the pandemic it conducted no less than 150 fairs in the year that was.
Raj Manek, Executive Director and board member of Messe Frankfurt Asia Holdings Ltd, discusses with
Fibre2Fashion how supply chains are set to change, what SMEs need to do to adapt to the new business landscape and the way tradeshows are going to be organised in the future. Where is the Indian textile industry lagging as on date? Which are the areas where reforms are needed?
India Union Budget - Clean & Conservative but.
By
Sreejith Balasubramanian ( IANS) |
Published on
Wed, Feb 3 2021 13:36 IST |
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Finance Minister leaves for Parliament to present Budget 2021. Image Source: IANS News
Most of us awaited Indias Union Budget 2021-22 for its fiscal policy strategy to support growth, as the economy slowly emerges from the pandemic. Given previous episodes of shortfalls in realized receipts and rising off-budget expenditure, one was also ready to calculate more likely receipts and the true fiscal deficit. As mentioned in our previous note (link), the budget was a pleasant surprise as it estimated tax revenue conservatively, unlike recent years and vs. expectations this year. It also took a firm step towards reducing the rising off-budget financing, and has started repaying corresponding dues, by directly funding these through the government balance sheet. This enhances transparency but has also increased the budget size well