New Delhi, March 23 The Food Safety and Standards Authority of India (FSSAI) CEO, Rajit Punhani, called on the industry to comply, build capacity, and collaborate among stakeholders to position India as a global hub for high-quality nutraceutical products, on Monday.
Nutraceuticals are food-derived products, including supplements and fortified foods, that provide health benefits beyond basic nutrition, aiding in disease prevention and treatment.
Addressing an event organized by the PHD Chamber of Commerce and Industry (PHDCCI), the CEO highlighted a range of progressive initiatives undertaken by FSSAI to strengthen and promote the nutraceuticals sector in India.
He emphasized FSSAI's continued efforts towards developing a robust regulatory framework, ensuring product quality, safety, and standardization, while fostering innovation within the industry.
He also "emphasized the importance of industry compliance, capacity building, and collaboration between stakeholders to position India as a global hub for high-quality nutraceutical products."
Multani Pharmaceuticals CEO and PHDCCI Chair for Nutra Task Force, Vivek Srivastav, said that the future of the sector holds immense potential, with expanding consumer demand for safe, effective, and science-backed products.
India, with its rich heritage in Ayurveda and natural wellness, is well-positioned to emerge as a global hub for nutraceutical innovation, provided there is continued focus on quality standards, research, and regulatory compliance, he added.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.