Summary:

In 2024, India emerged as a global leader in pharmaceuticals, biotechnology, defense, and nuclear energy. Pharmaceutical exports reached ₹2,39,372 crore, while the biotechnology sector experienced significant growth, marked by breakthroughs like the NexCAR19 cancer treatment. Defense reforms boosted indigenous manufacturing, including advancements in Agni-5 missiles. The nuclear energy sector nearly doubled its capacity, driven by Bharat Small Reactors and strategic partnerships. These achievements highlight India's technological advancements and aspirations for global leadership in critical and evolving fields.

India's space sector celebrated milestones such as Chandrayaan-4, the Venus Orbiter, and the Gaganyaan astronaut mission, bolstered by contributions from private enterprises like Skyroot and Agnikul. Infrastructure innovations, including Hyperloop advancements and smart tolling systems, showcased India's focus on futuristic solutions. Leadership in quantum computing, BharatGen AI, and the Vishvasya blockchain stack underscored India’s commitment to sustainable, inclusive growth and technological innovation. These accomplishments solidify India's ambition to lead globally in emerging technologies.

Source: IBEF 

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