The healthcare sector has the potential to be the next IT sector for India, and the country can be the saviour for our part of the world amidst the covid crisis, said chairperson and managing director of Biocon Limited, Kiran Mazumdar-Shaw in an interview with ET Now on Thursday. “It is already a $100-billion sector, we can make it over a five-fold sector if we want to over the next 10 years, provided we really invest in the sector,” she said.
India is already the pharmacy of the world, she said, and hoped for more engagement of the government’s imagination with the sector. “Sixty per cent of the vaccines that are produced for the world come from India, why are we not really thinking about vaccine diplomacy for the world?” she asked.
She said she believed India can be the saviour as far as this part of the world is concerned at a time when the entire world is waiting for a vaccine against covid-19. “We must invest more in this sector. We do not have faith in our own capabilities. We do not provide enough opportunities to our own healthcare professionals, our scientists, our researchers. We are in fact encouraging them to leave the shores of India,” she said.
Source: The Economic Times
