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In 2024, India solidified its position as a global leader in various sectors, including pharmaceuticals, biotechnology, and defense. The country experienced significant growth in its pharmaceutical exports, which surged from over USD 15 billion to USD 28 billion, driven by initiatives like the Production Linked Incentive (PLI). Additionally, breakthroughs in biotechnology, such as the development of indigenous antibiotics and CAR-T cell therapies, showcased India's innovative capabilities.
India's advancements in defense technology were marked by successful missile tests and a doubling of nuclear power capacity. The space sector also achieved remarkable milestones, including the launch of missions like Chandrayaan-4 and the establishment of a second spaceport. These developments reflect India's commitment to sustainable growth and its strategic vision for the future.
• India's pharmaceutical exports increased significantly, showcasing global leadership.
• Innovations in biotechnology included indigenous antibiotics and CAR-T cell therapies.
Quantum computing represents a new frontier in computational power, enhancing data processing capabilities.
AI technologies are being developed to improve various sectors, including healthcare and defense.
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