India Boosts Health Industry with Rs 10,000 Crore Fund, Nutraceuticals Poised for Growth

• Indian government allocates Rs 10,000 crore fund for biopharmaceuticals and nutraceuticals from 2026-2031 to strengthen the health industry.
• India's nutraceutical sector is projected for ten times faster growth than pharmaceuticals, driven by innovation, manufacturing, and research.
• FSSAI implements strict regulations for product quality and safety; manufacturing hubs are developing in Gujarat and Himachal Pradesh.
• Over 60-70 FTAs signed with countries like the UK, EU, USA, UAE, and Australia to facilitate exports.
• The nutraceutical market is rapidly expanding due to demographic shifts, lifestyle changes, and increased consumer investment in wellness and functional foods.