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The Economic Times

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Budget 2026 gives biologics & biosimilars a major policy boost

India is set to become a global biopharmaceutical manufacturing hub. Finance Minister Nirmala Sitharaman announced a dedicated 10,000 crore program over five years. This initiative focuses on biosimilars and biologics, crucial for treating non-communicable diseases. The move aims to boost manufacturing, regulation, and clinical trials, positioning India for future global competition.

1 Feb 2026 11:47 pm