| | APRIL 20224 Vol 04 · Issue 4 -3 · April, 2022 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Group Art DirectorAshok KumarNoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comCover price is Rs.150 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of InfoConnect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 InfoConnect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Design Prabhu Dutta A.R.N Ray Rajesh R.B VP - Sales & Marketing Amrit SinghCirculation Manager Magendran PerumalTriggered by the pandemic, the Health and Personal Care industry is at an exciting juncture. It is of utmost predominance for a country with a 130 crore population to turn this sudden change of tides into an opportunity and concoct a revolution in the way the healthcare ecosystem functions in India. Let's try to put some perspective into this. According to a NASSCOM report, the Indian healthcare ecosystem suffers an annual productivity loss of over Rs. 60,000 billion due to our poor healthcare infrastructure. Over the last four years, India Inc. spent around $1.7 billion on healthcare, while 80 percent of Social Healthcare Projects were stuck on bureaucratic red tapes. It's a ridiculous statistic.There is no better way to relieve the country from this predicament than leveraging the technology and in turn reducing the time-to-market for personal care as well as Pharma & Life Sciences organizations and the expenses for healthcare providers at large. The Indian Pharma and Life Sciences industry is however starting to wake up to this disruptive trend by adopting AI & loT, leveraging the power of big data & analytics, and engaging in other innovative approaches. It's a great omen. It is also imperative that they find new avenues to speed-up the cycles and deliver faster. Technology is an enabler in there too. Biotechnology research is a case in point. The scholars usually spend nearly half of their project time on run-of-the-mill preparation activities like cloning. In truth, today, several indigenous organizations help them expedite this process by facilitating them with certified ready-made clones; the amount of time saved in the process is priceless. It's both progressive and disruptive. Do let us know your thoughts. Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comEditorialThe Need for an Ideal Technology Strategy Editorial Ananth V Aveek Pal Chaudhuri Avinash Roy Mandvi Singh Sthitaprajnya Panigrahi
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