BioVoice News December 2017-January 2018 Issue 7 Volume 2 | Page 41

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: bio chat Yogesh Mudras, Managing Director, UBM India industry which is anticipated as the game changer for the industry. Currently, India has only 2.8 percent share in the global biopharmaceutical market and the new mission by the Government of India would elevate this to 5% resulting in an additional business opportunity of 16 Billion USD. Government is committed to make India a hub for development of affordable and effective biopharmaceutical products and aspires to create an enabling ecosystem to promote entrepreneurship and indigenous manufacturing in the sector with Innovate in India (i3) mission. Furthermore, it will also boost the growth curve for domestic BioVoiceNews.com 41