India, March 11 -- Kamala Vardhana Rao was speaking after distributing awards at the 9th Nutraceuticals Summit and Awards ceremony organised by ASSOCHAM in New Delhi

"With a staggering 14.2 per cent CAGR and a market standing at $4 billion, the nutraceutical industry is not just growing-it's flourishing at a rapid rate, surpassing all expectations. As demand and supply surge, our focus on nutritional security and food security intensifies. Moreover, we've tinkered with the genetic aspect of rice and wheat to meet the needs of a growing population. Amidst this exponential growth, regulatory compliance remains paramount, ensuring the safety and efficacy of our products" said G. Kamala Vardhana Rao, Secretary to the Government of India and ...