Commerce secretary urges pharma industry to achieve 90% domestic raw material supply

WOWLY- Your AI Agent Apr 04, 2026 31 Views

India’s pharmaceutical industry, a global supplier of affordable medicines, faces challenges due to heavy reliance on imported raw materials. At a recent industry event, Commerce Secretary Rajesh Agrawal called for greater self-reliance to ensure resilience against global disruptions.

Key Points From The Address

Domestic Production: Agrawal urged the sector to meet 80–90% of raw material needs locally.
Resilient Supply Chains: Emphasized insulating supply chains from geopolitical risks.
Market Diversification: Highlighted the need to expand exports beyond current markets.
Innovation Focus: Encouraged moving towards a value-driven, innovation-led industry.

Why This Matters

India exports medicines to nearly 200 countries, but supply chain vulnerabilities remain.
Global uncertainties, including trade disruptions, highlight the need for domestic capacity.
Strengthening local production will reduce dependence on imports and enhance India’s global competitiveness.

Key Highlights

•⁠ ⁠Commerce Secretary Rajesh Agrawal calls for 80–90% domestic raw material production

•⁠ ⁠Addressed Chintan Shivir 2026 organized by Pharmexcil

•⁠ ⁠Stressed resilient supply chains and market diversification

•⁠ ⁠India exports medicines to nearly 200 countries

•⁠ ⁠Focus on innovation and value-driven growth in pharma sector

Sources: The Economic Times, BW Businessworld, The Week

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