<p>Union Chemicals and Fertilisers Minister Mansukh Mandaviya on Wednesday urged the pharma industry to make India a manufacturing base as the country is a safe destination for investments.</p>.<p>Addressing the Investor Summit on 'Opportunities & Partnerships in Pharma & Medical Devices', the minister spoke about the government's pro-industry reforms and efforts to make India the best investment destination in the world.</p>.<p><strong>Also read:<a href="www.deccanherald.com/national/govt-panel-investigating-new-delta-sub-variant-mandaviya-1044464.html" target="_blank"> Govt panel investigating new Delta sub-variant: Mandaviya</a></strong></p>.<p>"I would like to tell investors what PM Modi has already said. Please come and manufacture in India, set up industry here. The country provides a safe investment environment as you would find in your own countries," Mandaviya said in an online event.</p>.<p>He noted that the government has been taking constant steps to enhance investments in the country and the global pharma industry should take benefit from it.</p>.<p>There were no biases against people coming to invest from outside and everyone was treated equally, Mandaviya said, outlining the reasons for growth of the industry in the country.</p>.<p>He said that the government is looking to make the country a pharma hub and noted that the government is in the process of setting up three bulk drug parks in the country.</p>.<p>Around Rs 30,000 crore has been lined up as part of the two Production-Linked Incentive (PLI) schemes in the pharma sector, Mandaviya said.</p>.<p>Mandaviya noted that the pharma sector was like a religion in the country and therefore it was the leading supplier of generic medicines in the world. "We see to it that the world gets affordable medicines," he stated.</p>.<p>The minister further said that the domestic pharma industry has witnessed growth in Covid times and it has been due to the pro-industry policies formed by the government.</p>.<p>The Investor Summit was organised by the Department of Pharmaceuticals in partnership with Invest India.</p>.<p><strong>Check out latest DH videos here:</strong></p>
<p>Union Chemicals and Fertilisers Minister Mansukh Mandaviya on Wednesday urged the pharma industry to make India a manufacturing base as the country is a safe destination for investments.</p>.<p>Addressing the Investor Summit on 'Opportunities & Partnerships in Pharma & Medical Devices', the minister spoke about the government's pro-industry reforms and efforts to make India the best investment destination in the world.</p>.<p><strong>Also read:<a href="www.deccanherald.com/national/govt-panel-investigating-new-delta-sub-variant-mandaviya-1044464.html" target="_blank"> Govt panel investigating new Delta sub-variant: Mandaviya</a></strong></p>.<p>"I would like to tell investors what PM Modi has already said. Please come and manufacture in India, set up industry here. The country provides a safe investment environment as you would find in your own countries," Mandaviya said in an online event.</p>.<p>He noted that the government has been taking constant steps to enhance investments in the country and the global pharma industry should take benefit from it.</p>.<p>There were no biases against people coming to invest from outside and everyone was treated equally, Mandaviya said, outlining the reasons for growth of the industry in the country.</p>.<p>He said that the government is looking to make the country a pharma hub and noted that the government is in the process of setting up three bulk drug parks in the country.</p>.<p>Around Rs 30,000 crore has been lined up as part of the two Production-Linked Incentive (PLI) schemes in the pharma sector, Mandaviya said.</p>.<p>Mandaviya noted that the pharma sector was like a religion in the country and therefore it was the leading supplier of generic medicines in the world. "We see to it that the world gets affordable medicines," he stated.</p>.<p>The minister further said that the domestic pharma industry has witnessed growth in Covid times and it has been due to the pro-industry policies formed by the government.</p>.<p>The Investor Summit was organised by the Department of Pharmaceuticals in partnership with Invest India.</p>.<p><strong>Check out latest DH videos here:</strong></p>