In 2024, India emerged as a dominant drive throughout key sectors, together with prescribed drugs, biotechnology, defence, nuclear vitality, house, infrastructure, and rising applied sciences like quantum computing, AI, and blockchain.
India’s pharmaceutical exports grew from USD 15 billion to USD 28 billion in 10 years, supported by initiatives just like the PLI and Bulk Drug Parks.
The biotechnology sector expanded 13-fold from USD 10 billion in 2014 to USD 130 billion in 2024, with a goal of USD 300 billion by 2030.
Key breakthroughs in 2024 included India’s first indigenous antibiotic, Nafithromycin, and NexCAR19, the nation’s first home-grown CAR-T cell remedy.
India resumed Penicillin G manufacturing after 30 years and joined the Biopharmaceutical Alliance with world companions to deal with drug provide points.
Defence reforms led to a report Rs 1.27 lakh crore in indigenous manufacturing, with important developments just like the Agni-5 missile and Ballistic Missile Defence System.
India’s nuclear capability doubled from 4,780 MW in 2014 to eight,180 MW in 2024, with plans to succeed in 22,480 MW by 2032.
The house sector noticed main milestones, together with missions to Venus and Chandrayaan-4, non-public sector breakthroughs, and the muse of a second spaceport.
India’s developments in rising applied sciences included the Nationwide Quantum Mission, the BharatGen AI challenge, and Vishvasya, a nationwide blockchain platform.
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