DMPQ- India’s Pharma sector has played very significant role in making it the pharmacy of the world, but it still lacks in innovation and research and development. Suggest some measures to improve India’s Pharma sector.

The Indian pharma industry operates at scale, and we are leaders in the global generic world. The Indian pharmaceutical market is estimated at $40 billion and pharma companies export another $20 billion. However, this is a miniscule portion of the $1.27-trillion global pharmaceutical market. India ranks third worldwide for pharmaceutical production by volume, but only … Read more

DMPQ- . Discuss how PLI scheme for Textile Sector is going to boost India’s Textile Sector.

The Indian textile and apparel sector, with $37 billion exports and $85 billion domestic consumption, is one of the largest employers in the country. Every $1 billion additional exports in apparel manufacturing can create 1.5 lakh new jobs. If we capitalise on the current China-plus-One opportunity, Indian exports will grow in double digits for the … Read more

DMPQ- . Discuss the significance of India’s ‘Make in India’ Programme in defence sector. Also mention the challenges In Indigenous Defence Manufacturing.

The ‘Make in India’ programme is primarily being impelled by the imperative to reduce arms import bills and ‘optimise’ defence expenditure – India’s FY2019 defence budget of USD 71.1 billion was the highest in South Asia and the third-highest in the world, and for the past five years, it has been the world’s second largest … Read more

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