The year Indian drug innovation bets started paying off
The sector also saw a policy boost in 2025, with the department of pharmaceuticals inviting proposals for the Promotion of Research and Innovation in Pharma MedTech sector (Prip) scheme. The scheme, introduced in 2023, has a total outlay of ₹5,000 crore. The Centre also launched the Research, Development, and Innovation (RDI) scheme in 2025 with an outlay of ₹1 trillion, targeting sectors like energy, deeptech, AI, and biotech.
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