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Karthik Kondepudi, Partner at Herbochem
The Union Budget 2025 has introduced significant measures to strengthen India’s healthcare and nutraceutical industries, focusing on expanding medical education, improving nutrition programs, and fostering innovation in health tech and clean manufacturing.
Welcoming these initiatives, Karthik Kondepudi, Partner at Herbochem, stated: “The government’s plan to grow medical education and establish Day Care Cancer Centres is a big step towards strengthening the healthcare system. Also, better nutrition support under the Saksham Anganwadi and Poshan 2.0 plan will help fight malnutrition and boost preventive healthcare.”
The budget also places strong emphasis on the nutraceutical industry, supporting local production, research, and innovation in functional foods and dietary supplements. This move aligns with the increasing consumer demand for health-boosting products.
Kondepudi highlighted the sector’s potential, adding:
“The focus on boosting local production, research, and new ideas is good news, especially as more people seek functional foods and dietary supplements. Policy support for clean-tech manufacturing and value addition will create new opportunities for Indian nutraceutical and health-tech companies.”
With these reforms, experts believe the budget lays the groundwork for a more self-reliant healthcare ecosystem, reinforcing India’s vision of becoming a global leader in preventive and integrative healthcare.