Post-Budget reaction: Sachidanand Upadhyay, MD & CEO, Lord’s Mark Industries
The budget outlined a holistic approach to developing the healthcare sector. The pharmaceutical research programme will encourage the healthcare and pharmaceutical industries to invest in research. It will act as a catalyst for growth in the pharmaceutical sector and open up opportunities to develop vaccines, medicines, and diagnostics. The proposal to set up more ICMR labs will boost innovation and further strengthen regulatory compliance. This will help healthcare players be better prepared with innovative healthcare solutions to ensure better healthcare outcomes. The proposed multidisciplinary medical device courses for skilled manpower for futuristic medical technologies, high-end manufacturing, and research will boost the competencies of the healthcare sector.