Prime Minister Narendra Modi, during his Independence Day address from the Red Fort on August 15, 2026, called for heightened global ambition from Indian pharmaceutical companies. He stated that while India has accomplished significant work in the pharmaceutical sector, the current need is for one or two Indian pharmaceutical companies to rank among the world's top five pharmaceutical companies.
The Prime Minister expanded this vision beyond pharmaceuticals, emphasizing the need to build globally recognized Indian brands across multiple sectors. He specifically mentioned that Indian consulting and accounting firms should aspire to be among the top firms globally, and Indian technology companies should aim to become global leaders. The overarching theme was creating brands that attract worldwide attention, making Indian brands a strong identity for the country and a global destination. The address was part of the Azadi Ka Amrit Mahotsav celebrations and was released by the Ministry of Chemicals and Fertilizers, Department of Pharmaceuticals.