- 5KCR initiative over 2023-2028
- shift from volume based generic production to value based innovation
Objective
- transform India into global hub for R&D in pharma medtech sector by
- fostering innovation
- strengthen research infra
- build industry academia linkage
Components
- A: strengthen research infra: CoE, NIPER
- B: promote research in priority areas - grants, funding
Significance
- moving up the value chain
- reduce import dependence
- bridge R&D gap