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Scheme to build bulk drugs' R&D, capacity in works
Business Standard
|June 08, 2026
The government is working on a new support scheme for the bulk drugs industry even as it rules out any blanket increase in medicine prices despite cost pressures arising from the West Asia crisis, Pharmaceuticals Secretary Manoj Joshi has said.
In an interview with Business Standard, Joshi said the proposed scheme would go beyond the production-linked incentive (PLI) approach to focus on long-term capacity creation, research and development (R&D), and stronger academia-industry partnerships.
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