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Politics

India is a global front runner in the field of generic medicines on a scale, commanding a 20% share in global supply by volume: Dr Mansukh Mandaviya

Indian-GRAPEVINE-india-is-a-global-front-runner-in-the-field-of-generic-medicines-on-a-scale-commanding-a-20-share-in

Published 06 Dec, 2023

By Staff Reporter


“India is a global front runner in the field of generic medicines on a scale, commanding a 20% share in global supply by volume.” This was stated by Dr Mansukh Mandaviya, Union Minister of Health and Family Welfare during his address to the India - Kenya Trade and Investment Forum in the presence of Dr William Samoei Ruto, President of the Republic of Kenya, here today. Dr Ruto is currently on a state visit to India. image.png image.png Highlighting the deep and strong historical, cultural and trade ties between India and Kenya, Dr Mansukh Mandaviya stated that “our entrepreneurs find it easier to do business with each other. This historically established trust has also encouraged many Indians to settle in Kenya.” The Union Health Minister emphasised on healthcare and pharmaceuticals as two important sectors where India has made the most advances and the people of Kenya can benefit from it. He stated that “India also stayed true to its reputation of being the ‘pharmacy of the world’ by supplying almost 100 countries with vaccines and 150 countries – including from the developed world – with increased supply of relevant medicines.” image.png Pitching Indian industries as natural partners for Kenya, Dr Mandaviya said “India is the birthplace of some of the most ancient and well-known branches of traditional medicine, holistic healing and wellness practice that could have strong business implications.” He informed that “for the people of Kenya, India is the biggest destination for medical treatment. Over the years, India has grown to become a premier destination for medical value travel since it scores high over a range of factors that determine the overall quality of care.” “The Government of India has launched a portal to promote Medical Value Travel. This platform will facilitate treatment in India for foreign nationals across the globe. India's cost-effective and quality pharmaceuticals and healthcare systems have made healthcare more accessible to people in Kenya and worldwide. We are happy to facilitate this further”, he stated. The Union Health Minister also touched upon other initiatives taken by India including on digital economy and renewable energy. He urged Indian and Kenyan enterprises to cooperate in these sectors for the mutual benefit of both the countries. He also welcomed Kenya’s decision to join the International Solar Alliance and the Global Biofuels Alliance and congratulated them on the successful advocacy for the inclusion of the African Union as a permanent member of the G20.



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