
To bolster India’s domestic biopharmaceutical sector and elevate its global competitiveness in biologics and biosimilars, the Government has launched the Biopharma SHAKTI scheme, with an allocation of ₹10,000 crore over five years. The scheme’s overarching goal is to establish a world-class domestic ecosystem for biologics and biosimilars, promoting affordable healthcare for all and positioning India as a global hub for biopharmaceutical manufacturing and innovation.
India is witnessing a rising burden of non-communicable diseases such as diabetes, cancer, and autoimmune disorders. Biologic medicines play a pivotal role in improving longevity and quality of life at accessible costs. Recognising this, the Biopharma SHAKTI initiative is designed to propel India’s biopharmaceutical sector forward by supporting domestic innovation, manufacturing, and global competitiveness.
Key objectives and measures under the scheme include:
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Through these measures, Biopharma SHAKTI aims not only to strengthen India’s domestic biopharmaceutical ecosystem but also to make the country a globally recognised leader in biologics and biosimilars, ensuring affordable, high-quality healthcare for its population.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: Mar 18, 2026, 11:32 AM IST

Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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