New Delhi, Feb. 1 -- In a bid to deepen India's manufacturing base in strategic and frontier sectors, union Finance Minister Nirmala Sitharaman on Sunday announced a clutch of initiatives, to strengthen domestic capabilities across pharmaceuticals, semiconductors, electronics, critical minerals and chemicals, as part of what she called her government's 'Reforms Express.'Presenting the union Budget 2026-27, the Finance Minister said the government will launch Biopharma Shakti, a new programme designed to bolster India's position in advanced biopharmaceutical manufacturing and innovation.
The initiative is expected to support research, scale-up of production, and integration of Indian firms into global value chains in high-end biologics and ...