The pandemic has left the Indian pharma sector to be dependent on China for its API procurement. Supplies were further impacted by the disruption of .. Read more logistic and transportation systems, restricting access and movement of products to and from ports. The primary driver of all this being is the low cost of production. ETHealthworld.com India Pharmaworld Summit is an initiative to address the challenges and opportunities experienced by the Indian pharmaceutical industry, especially during this pandemic. This summit will also give a platform to the stakeholders to discuss the road map on making the Indian pharma industry become more globally competitive. India plans to set up nearly Rs 1 lakh crore (US$ 1.3 billion) of funds to provide a boost to companies to manufacture pharmaceutical ingredients domestically by 2023. Artificial Intelligence (AI) has been a widely discussed topic in healthcare for the last several years and now with the widespread COVID-19.
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