Under the leadership of Prime Minister Narendra Modi, the Indian government has shown that it understands the need to develop innovation in the country’s health care sector.
The government is due to announce a major reform of intellectual property (IPR) laws, which it sees as crucial for developing modern, high tech industries. Meanwhile, the ‘Make in India’ campaign and last government budget created a number of tax incentives and research and development (R&D) initiatives aimed at increasing private and public sector research investment.
