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Modi Urges Indian Pharma Firms to Reach Global Top Five

Yesterday, Prime Minister Shri Narendra Modi called upon Indian pharmaceutical companies to establish themselves among the top five in the world.

Prime Minister Narendra Modi on Saturday called on Indian companies to set ambitious global targets, urging the country’s pharmaceutical firms to strive to become part of the world’s top five. Addressing the nation from the ramparts of the Red Fort on India’s 80th Independence Day, PM Modi said Indi
Prime Minister Narendra Modi on Saturday called on Indian companies to set ambitious global targets, urging the country’s pharmaceutical firms to strive to become part of the world’s top five. Addressing the nation from the ramparts of the Red Fort on India’s 80th Independence Day, PM Modi said Indi Photo via Ddindia
Monday, 17 August 2026
Report

Modi Urges Indian Pharma Firms to Reach Global Top Five

Yesterday, Prime Minister Shri Narendra Modi called upon Indian pharmaceutical companies to establish themselves among the top five in the world.

What we know

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  • Prime Minister Shri Narendra Modi called for Indian pharmaceutical companies to become among the world's top five. — pib (contradicts cited source)

Sources

  • pib — tier 1
Photographs
PM Modi urges Indian pharma firms to join the global top 5. India leads in generic medicines, with a USD 60B market projected to reach USD 130B by 2030.
PM Modi urges Indian pharma firms to join the global top 5. India leads in generic medicines, with a USD 60B market projected to reach USD 130B by 2030. Photo via Money
Prime Minister Modi urged Indian pharmaceutical companies to reach global top five. The Indian pharma industry ranks third globally by volume and eleventh by value. This sector is projected to reach 130 billion dollars by the year 2030. Exports have grown significantly, reaching 30.5 billion doll
Prime Minister Modi urged Indian pharmaceutical companies to reach global top five. The Indian pharma industry ranks third globally by volume and eleventh by value. This sector is projected to reach 130 billion dollars by the year 2030. Exports have grown significantly, reaching 30.5 billion doll Photo via Economictimes
Cited sources

PIB