Month: October 2021

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Working in the new normal

The global pandemic has taught us many lessons right from the first month itself. As a chairperson of Interlink, I am surprised by the resilience and innovation we have shown as an organization. Working from home due to the pandemic was new as well as challenging for us especially during the initial month, but it is interesting to note that even in such a situation, our growth never faltered. Surprisingly, switching to a virtual workplace, where all of us were working remotely, the efficiency and productivity increased.

The work from home scenario has changed my overall perspective, before this, I could never imagine going to my office only once a week and still getting the work done, nor could I imagine recruiting talents in a virtual interview. These are just a few examples of the changing trend. Furthermore, I believe that the upcoming generation and their inclination towards technology are one of the strongest assets that can be utilized productively.

Having said that, the path is not easy. Even though now the offices are gradually opening and the organizations are preferring a hybrid work model, its drawbacks are something to be considered, especially in the longer run.

In order for the organizational work pattern to be ready for the future, some key points need to be strategized upon:

  1. Nurturing talent must take priority: Even though the hybrid work models are people-friendly, as the leaders, it is our responsibility to prioritize nurturing talent as the dynamics of communications have changed with the hybrid work model.
  2. Future-ready: The future is heavily dependent on technology. A correct combination of future-driven organization policies and the usage of technology would enable businesses to sustain themselves in the longer run.
  3. Role distribution: An ideal organization is one where all the members get equal opportunity for growth, challenges and rewards. To achieve this, proper distribution of the roles must be essential among the team members. Hybrid work models pose challenges since the interactions between the members vary. Hence, special attention should be required.

The hybrid work model can be a combination of working on-site as well as working remotely. Some of the reasons for increased acceptance for hybrid work models are as follows:

  1. Work-life balance: It becomes easy for employees to balance their professional as well as their personal lives.
  2. Enhanced performance: An employee gains a lot of opportunities such as reduced traveling time and flexibility in completing the tasks. This increases the organization’s productivity and boosts employees’ confidence.

The future of the hybrid working model

The hybrid working models are the need of the hour in today’s scenario. As it is quite evident from the fact that various multi-national companies have begun adopting this policy. What began as a necessity amidst a global pandemic has now changed the game of today’s working model. Moreover, the hybrid working model offers an edge in terms of saving expenses on real estate or increases the trust between an employer and an employee. The profitability of such a model indicates that it will not go anytime soon.

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‘Atmanirbhar’ State of Mind through Entrepreneurship

Vision of PM Narendra Modi in making ‘Atmanirbhar Bharat’ is based on superior quality of talent, unending quest for new knowledge and technology, highly productive demographics of India and willingness to work hard to contribute to the nation which will ultimately contribute to the world.

PM Modi reminds one word of Ravindranath Tagore- “Ekla chalo re” (Lead even if you are alone) when he speaks about ‘Atmanirbhar’. It is an important streak of entrepreneurship where he needs to lead alone with the backing of science and technology to make himself competitive and create entry barriers for others which lead him towards ‘Atmanirbhar’ frame of mind.

As it stands today, GDP of India is at -7.9% and unemployment rate is to the tune of 7%. While majority of Indian population is staying in rural areas, government is also looking at strengthening few states like UP to come up with the excellence in all aspects of development inclusive of entrepreneurship.

The dilemma is when there are jobs yet they cannot be filled up as there is unemployability among the job seekers. It is due to the imbalanced educational system which we have been continuing since long. This necessitates that overall revamping of educational syllabus, industry academia participation and Outcome Based Education (OBE) is instituted and faculty is reskilled. This employability gap does not allow quotient of employability to be higher than quotient of unemployment.

Yes, there are reasons for unemployment coupled with lack of employability which becomes major challenge for India.

On one hand it may look like a challenge but on the other hand it’s the biggest opportunity. Those who accept this challenge and look as opportunities, they can create new businesses, new scientifically evidence-based products with the help of new technological innovations. Hence there is a chance of creating an environment for new normal entrepreneurship.

Four major factors for Indian unemployment

1.The major cause of rise in unemployment in India is the selection criteria which eliminates opportunity of job seekers due to reservations. This system may neglect deserving, skilled and suitable candidates.

2.In addition, another factor is India’s ever-growing population! The chase of unemployability on one hand and increasing population on the other hand creates lot of challenges to balance.

3.Rural and urban potential to provide jobs is at the moment disproportionate which creates a big gap between employability and unemployment.

4.Indian parents give lot of emphasis on educating their children irrespective of their economic status which provides an opportunity for many to start educational institutions. These increasing institutions over time creates a pool of candidates where at any given time reservoir of candidates is increasing and employability gets perplexed.

As a result, disillusionment, anger against job providers, depressive tendencies, loss of confidence and overall question of financial stability increases in those candidates who remained unemployed and get into the cycle of negativity which is not require among these candidates when they are young.

Employability is a key

Yes!  There is a huge mismatch in the understanding of the skill demand between industry and educational institutes. Huge pool of graduates passing every year are not right-skilled and oriented toward the job they are approaching. There is a big gap arising due to inability of educational institute in mapping the skills according to what is actually demanded by the industry.

Lack of formative assessment to recognize gaps in students, very few and inefficient industry-recognized programs and long-term internships for skilled based leaning are some major hurdles in the path of educational institute to fill the skill or employability gap in students.

Inability in filling this skill gap leading the graduation of batch of students with inadequate soft skills like public speaking, writing proficiency, data analysis, etc and deficiency of hard skills like problem solving, communication, leadership, etc. is the major cause of not becoming employable.

Many institutions have extended their hands towards industries and also started entrepreneurship and incubation cells to provide holistic development of students right from values to idea generation, creativity, passion and urge to create something meaningful and relevant to the society. These candidates are also incubated and given intellectual, infrastructural and technological assistants to incubate their thoughts and bring them in reality.

This is possible which will not only increase employability but also sow the seed of entrepreneurship.

What does it really mean by ‘Atmanirbhar’?  

This situation clearly depicts a black and white picture with the everlasting despair and no innovations. But as mentioned earlier, with increasingly exposed challenges, there exists light at the end of every dark tunnel; here the light is of Entrepreneurship lightening the path towards ‘Atmanirbharta’.

Entrepreneurship- A lifelong employment with passion and create a difference in society which is needed to be adopted and expanded in today’s scenario of unemployment. Entrepreneurship, in simple words is painting a thought with different colours on a black canvas!…Creation  with passion and creativity backed up by incubation and funding to create new concepts, new products, new ideas for the world.

Being an entrepreneur i.e., being ‘Atmanirbhar’ will help in much diversified ways in order to cope up with the current joblessness. Entrepreneurship will not only raise the personal standard of living but also support nation’s economy in some or the other way. Not only this but there are so many beneficial underlying consequences come with it and most important is – it will thrive job opportunities!

Other adventitious impacts arising with it will be community development, equitable redistribution of wealth, income, political power in the interest of country, new advancements in research and development, and so on. The list will be never ending if compared to the current scenario of unemployment.

Three major skills for Entrepreneurship

Skills required to march towards entrepreneurship combine a range of technical, personal and management skills. There is no established, simple skillset as these skills evolve with the business you are choosing and your own moral values.



The OECD (Organisation for Economic Co-operation and Development) has managed to put forth the three basic skills required for each entrepreneur such as-

  1. Technical – communication, environment monitoring, problem solving, technology implementation and use, interpersonal, organisational skills.
  2. Business management – planning and goal setting, decision making, human resources management, marketing, finance, accounting, customer relations, quality control, negotiation, business launch, growth management, compliance with regulations skills.
  3. Personal entrepreneurial characteristics – self-control and discipline, innovation, persistence, leadership, change management, network building, and strategic thinking.

Knowing Indian entrepreneurial environment, each entrepreneur must also learn and possess risk mitigation strategies and abilities to take decision and balance risks.

Entrepreneurial opportunities

Opportunities in India and abroad are seen in the areas of healthcare, education, technology, communication, food nutrition, and new drug development. Any one of these areas depending on the strengths of the candidates and like-minded people with the support of incubation centres, this reality of creating new entrepreneurs in India and making them ‘Atmanirbhar’ is definitely a good dream coming to reality possible.



  1. on 28.12.2020

2.Focus on entrepreneurial skills_ on 28.12.2020

3.Jonathan long_60 Reasons Why Entrepreneurship Is Amazing_ on 28.12.2020

4.Main Causes of Unemployment in India_ on 28.12.2020

5.Top reasons why entrepreneurship is important_ on 28.12.2020

by Rajkumar Natekar Rajkumar Natekar No Comments

The Lean Six Sigma Method

Lean Six Sigma (LSS) is a methodology that is often used in various industries acting as a tool for reducing waste, enhancing efficiency and creating a friendly and effective environment for the customers. This is a team-centric approach to increase the profitability of the business.

LSS is a combination of Lean Technique and Six sigma method which are used separately to improve business efficiency. While the Six Sigma method focuses on identifying and resolving variations in a process, the lean techniques focus on eliminating the waste generated in the process. The major principle behind this methodology is based upon five phases that are:

  1. Define phase: Define the problems and variables in a project
  2. Measure phase: Determining the flow of the process
  3. Analyze phase: Analysing the key problems and variables
  4. Improve phase: Suggest solutions and remedies
  5. Control phase: Supervising the solutions and remedies until stability is achieved

Various tools and techniques are employed in LSS, some of which are given below:

  1. Visual analysis: Pareto chart, Scatter diagram, Box plots, etc.
  2. Statistical analysis: Inferential statistics, ANOVA, the test of proportion, Chi-Square test, etc.
  3. Process analysis: Data boxes, TAKT time, Value Stream map, etc.

Every organization following the LSS methodology is divided according to the colored belts also known as LSS belts – Yellow belt, Green belt, Black belt and the Master belt. The Yellow belt generally includes people who are subject matter experts. They collect the data and interpret the results, utilizing a combination of problem-solving tools and techniques. The Green belt, on the other hand, consists of people who are project leaders and are experts in the LSS methodology. Their primary function is to supervise the yellow belt holders and determine the tools and techniques to be used. The black belt holders are the leaders who identify problems in the system and lead the team, additionally providing coaching to new members of the team in the LSS principles. The Master belt holder is the apex member of the organization who is not involved in the projects but is responsible for the overall management of the system, creating a portfolio for the projects, and division of roles and responsibilities.

Implementing the LSS methodology can be an essential tool for the pharmaceutical industry. For instance, it can identify and eliminate wastage in the drug development process. This would lead to an increase in speed and efficiency. LSS methodology can be a crucial tool in Quality control, identifying leaks in the process and thereby strengthening the process. It can be applicable in processes such as clinical trials, drug discovery processes, regulatory processes, etc. It benefits doctors, pharmacists, patients, and healthcare workers by providing quality service and cost.

Lean Six Sigma methodology is a tool to not only improve quality but also to enhance the performance of the process. However, the major challenge lies in successfully integrating the principles of the LSS into the pharma process since the latter is a complex process and it requires a flexible approach.

by Rajkumar Natekar Rajkumar Natekar No Comments

Post pandemic future of work

Pandemic-induced disruptions in work largely involved innovative technologies and increasing trade links which are reshaping the businesses to the huge extent this time. Remote working is at its peak, yet, physical dimensions of working not going to vanish, sooner or later, as several industries require it for better existence. 

Traditional way of working is increasingly been replaced by modern ones, although, sectors like healthcare, where patients are still not comfortable with distanced-interactions with doctors, require a different thought to satisfy patients as well as safeguard healthcare workforce efficiently. 

As far as pharmaceutical sector is concerned, there are way better technologies which can be seen in the industry in the current scenario which highly benefiting the working environment as well as the workforce. As lab technicians and pharmacists are required in the areas where very little exposure to people and outer environment is involved, smooth working procedures are been employed so far in this area of pharma industry. 

Following Fig. 1 describes how post-pandemic future of work is evolving with the passing month-

Evolving working-styles and employees becoming increasingly adaptive towards it is a great thing to explore in the years ahead. It is the need of the hour to develop skills- strengthening programs for employees at work as not everyone is as flexible as new generation self-efficient employees. 

The question still remains unanswered about importance of resilience over efficiency. In today’s scenario, where number of organizations are focusing on streamlining the supply chains, roles of employees and workflow in order to acquire efficiency in the entire system. However, employing efficiency needs consideration of different aspects for making a future-proof organization. Hence, practicing resilience is one of the crucial aspects of business which requires considerable attention while developing efficient working force and systems. Change is inevitable, organizations should be trained in such a way that they can become flexible enough to overcome uncertain events which may happen in the future. 

Discussed ahead are certain aspects of business which can be considered superior while driving resilience in the work in post pandemic scenario-

  1. Future-perspective is essential

This can be the most important step while developing a resilient workforce. Future-proofing is a practice of making your employees educated and adaptable enough toward the uncertain future and business calamities.  Analyzing the changes happening in the surroundings of the business and being responsive to it makes employees much active and productive. 

Keeping them updated about the changing corporate trends is necessary to develop resilience. Investing more time in preparing for future changes can be highly beneficial for employees as well as the entire organization. 

  1. Building problem-solving potential

Problem-solving skills are must haves for resilient workforce. Having these essential skills will make the workforce ready for difficult times which might appear in the future. This crucial capability can be built in the employees by making them understand the situation and analyze it. This will not only sharpen those essential skills but also boost the performance of the organization to the next level.

  1. Prioritizing mental health 

Better mental health is necessary for better working. Pandemic resulted in stress, anxiety and depression like issue among the employees and organizations had to force the remote working. However, many companies are implementing online campaigns/programs like online team-building activities, sessions boosting metal health, etc. which are truly beneficial in increasing social interaction and among employees. 

  1. Training and learning is crucial 

Knowledge building is an important practice which every organization follows in order to keep their workforce updated. However, in evolving scenario, knowledge building has got immense importance as various organizations putting enormous effort in training and learning programs for employees so that they can efficiently excel in their tasks. As technologies been increasingly penetrating in different elements of the businesses, it has become essential to make the employees flexible toward advanced technologies by training and educating them about the same.

Learning opportunities through such training programs can boost productivity and performance of the employees. 

In the future-oriented scenario of working, driving resilience is the need of the hour. Uncertain future can give rise to unavoidable circumstances, for which, organizations have to be well-built in terms of workforce and advanced technologies.

About Author 

Mr. Ramanathan Hariharan

Mr. Ram has over 35 years of experience most of which was in executive leadership positions in Executive Education. Has strong expertise in leveraging learning to translate to work place performance.  He was the President of the Executive education and consulting business at the School of Inspired leadership till recently, helping them scale up the executive education business through new learning solutions, pedagogy and reach.

Prior to that he was the Senior Director and Head of Executive Education in the Indian School of Business from 2009 to 2016. Prior to that he was the Vice President in one of the largest training and consulting companies in India. Ram was also the founding Director and CEO of a boutique HR consulting firm which focused on helping organizations in their talent management, leadership development and transformation journeys.

While holding a management degree from XLRI, he was closely associated with delivering learning solutions to several companies in industry verticals ranging from automobiles, technology, ITES, telecom, banking and finance, oil and gas where he helps the organizations craft learning road maps and strategies to improve performance in the work place and creating high performance teams.


As the working styles and patterns are evolving vigorously in current scenario, driving resilience has received immense importance along with practicing efficiency and effectiveness. This article puts light on importance of resilience in the workforce of organization and certain ways to develop the same. 

by Rajkumar Natekar Rajkumar Natekar No Comments

Generic Drugs and The Pathway to Future

Generic drug market, one of the positively impacted markets during pandemic had witnessed over $ 4911.6 billion of revenue in 2020 and expected to account for about $650.3 billion by 2025 with the CAGR of 9.6%.

One of the greatest reasons behind this astonishing growth would be increased healthcare expenditure during the pandemic and collapsing economies. Due to rising unemployment during the period of shutdown, governments of various nations employed several strategic initiatives in order to fulfil the ever-growing demand of cheaper substituents of pharma drug. And one of those initiatives was ensuring the availability of low-cost generics to the population. 

Moreover, factors like patent expiration of blockbuster drugs, increasing incidences of lifestyle diseases including acute and chronic conditions and rise in geriatric population are also positively propelling the generics market. 

Why generics were born?

Let’s have a look at 2As behind the origin of generic drugs-


The company who holds the patent for particular drug (brand drug), applies its own pricing policy which make these drugs expensive and unaffordable for most of the population. On the other hand, for the generic drug, an off-patented brand drug, whose costings are decided through government interventions, are very affordable. This affordability is influenced by various aspects such as, companies making generic drugs need not repeat lengthy and costly research and development in laboratories as it is available readymade through patent-holding company. 

As generics were developed, people who were losing on crucial medications due to their higher prices, were able to afford the essential treatment for them and their loved ones without pouring all their life savings. 

Life-threatening health condition such as blood cancer, due to which many lives were sacrificed owing to non-affordability of branded medicine costing Rs. 1,14,400 per month, whose generic version is now available at as low as Rs. 11,400 per month. Same repeats for major heart disorders and other chronic illnesses. 

As per World Health Organization (WHO), in developed and developing countries, if the prescription of generics is increased by the medical professionals, the health expenditure can be reduced by huge 70 percent. 


Manufacturers holding patents for expensive brand drugs, used to enjoy the patent exclusivity for too long until FDA started taking serious efforts to prohibit extended ownership of such patent. To enhance the accessibility of such branded drugs to developing countries, who can’t afford the cost of research and development, this step of FDA was essential. 

Owing to this, essential drugs were available for various levels of society including rural areas. Chemists in rural areas never used to serve branded drugs due to high prices so the population had no enough access to crucial drugs. As alternative options like generics are more affordable, they are much accessible too for different groups of society belonging to different financial levels.  

Moreover, several generics give rise to price competition due to which patients are accessible to better treatment alternatives at same or lower prices. 

FDA’s routine evaluation of generic drug programs is resulting into increased funding for generics production, staff recruitment and other factors which making the generics scenario much approachable. 

For developing countries like India, this two factors, affordability and accessibility, were very crucial as back in 1960s, most of the Indians were not holding health insurance and the salary structure was too weak as compared to the western countries. Domestic production of low-cost generics was mandatory for India owing to such factors. 

Indian pharma was doing well in pharma market owing to its capabilities to produce cheaper medicines. In 2005. Indian signed an agreement with World Trade organization which significantly changed the pharma scenario in India and opened several opportunities. That agreement was none other than- Trade-Related Aspects of Intellectual Property Rights (TRIPS).

Today, India is known as world’s largest provider of generics.  As the medicines produced in India are 60% cheaper than the medicines produced in US, many western countries are outsourcing their production of medicines to India which nourishing the increasing globalization of Indian pharma industry. 

Future of generics

Innovations are going to rule the entire generics space in the coming years, innovators and manufactures will test their unique perspective toward this market to enjoy highest possible revenues. Discussed ahead are some future-oriented approaches which can be seen in generics field.  

Traceability mechanisms will intensify

Traceability will be one of the most crucial systems which need to be employed, compulsorily, by pharma companies in the coming years. When it comes to generics, counterfeit drugs are the issue of concern. For traceability of mainstream supplies containing fake drugs requires high-end technology like blockchain architecture which can be seen much prevalent in the future scenario. 

There are various architectures of blockchain which pharma industry will adopt in coming years in order to provide lifesaving information on the formulations. In addition to counterfeit alert, conformation status along with expiry date, non-conformities, etc., efficient waste management can also be achieved with improved workflow. 

Not only volume to value shift in the product can be seen, but quality of delivery will also be seen enhanced in the coming years. 

Complex generics and NDDSs will take a leap

In competitive generics market, Novel Drug Delivery Systems (NDDSs) and complex generics are major differentiating factors dominating the pharma market. For country like India, NDDS-based generics development is quite economical and less insecure. So, the industry can explore novel drug delivery-oriented approaches to serve upgraded generics in the future.

Moreover, complex generics, which are often employed for cancer like challenging diseases can be developed to the greater extent as the companies are adapting more expertise, sophisticated groundwork and development strategies required for complex generics. 

Use of Artificial Intelligence (AI) and 3D printing will skyrocket 

AI in current scenario tackling many challenges related to data management, in-house R&D, studying and repurposing old (or failed) drugs, etc., generic drug producers will extract highest possible advantages through AI related technologies.

AI is the future of pharma industry which will save generous amount of money and time required for complex processes of generic drug development and marketing. 

3D printing is one of the major technological revolution through which production of novel medicines and devices is way too easier as time investment required is lesser and the outcomes are amazing. When FDA approved first commercial 3D tablet called Spiratam (levetiracetam), 3D printing technology gained tremendous attention and it is poised to become a highly employed technology in pharma industry.

Bio generics will bloom

Although the generic biopharmaceuticals are not easily approved by regulatory systems owing to the complications associate with the replication of complex manufacturing processes of biopharmaceuticals, producers nowadays are exploring several ways to catch the norms essential to launch bio generics.

Drug producers will invest in large scale clinical programmes in order to generate efficacy and safety evidences for their bio generic drugs. Various efforts can be made to produce highly controlled quality system, manufacturing and even transportation and storage for bio generics to withstand stringent quality standards of biopharmaceutics. 

Generic companies will have to test some alternative and advanced strategies to scale-up in the coming years. Volume to value shift is necessary through innovative technological interventions. Digital technologies nowadays are effectively lowering the cost of healthcare and uplifting the high-quality generic production which is a good way to sustain in future. 

Besides this, number of patents are highly complex which can generate the risk of litigation as many a times products, devices, manufacturing processes are also patented.  This issue has to be handled wisely in order to prevent the loss of money and efforts. 

The future of generics is going to be full of innovations accompanied with sophisticated technologies in each and every process ranging from research and development, quality production and delivery to marketing of the product. Quality and safety will acquire immense attention and improved delivery will be a major game. Producers will find new ways to tackle current challenges associated with biosimilars and bio generics like complex formulations. With this, let’s hope that the future of healthcare will be much more affordable and accessible than ever.  

by Rajkumar Natekar Rajkumar Natekar No Comments

Role of Nutraceuticals in Current Scenario And Its Influence On Modern Healthcare

Nutraceuticals, being the source of natural active constitutes boosting overall health, are the part of everybody’s life to fewer or greater extent.

Preventive health gained immense importance during pandemic, so the nutraceuticals. Looking at the ever-growing market of nutraceuticals and health supplements in recent few years, we can say, these products are positively influencing health of people while making impressive revenues.

In India, use of nutraceuticals increased manifolds during pandemic. Even the government was seemed to be taking certain positive approaches towards the traditional medicines and nutraceuticals in order to safeguard the population from the virus. Medical ] practitioners are increasingly prescribing health supplements and nutraceuticals in post-COVID recovery of the patient.

As the pandemic taught us the importance of overall nutrition, people are getting more flexible toward nutraceuticals. Increasing research and rise in innovative nutraceutical products further boosting the growth of the sector.

Following are the three major health areas into which nutraceuticals spread their magic during the tough time:

Improving innate immunity

As mentioned earlier, immune health is one of the topmost priorities while fighting the virus. Nutraceutical innovators are making unique approaches in the field. In today’s scenario, various nutraceuticals are available in variety of dosage forms like gummies, bars, etc. which further increasing the acceptance of such products.

Immunity boosting nutraceuticals are the talk of the town in today’s scenario. Particularly talking about India, herb-based nutraceuticals are very popular amongst Indians. Hence, the supplements containing Giloy (Tinospora cordifolia), Ashwagandha (Withania somnifera), Tulsi (Ocimum tenuiflorum), Neem (Azadirachta indica), Shilajit (Asphaltum punja-bianum), Amla (Emblica officinalis), Curcumin, etc. were produced and launched at greater pace during pandemic in India. Such supplements are going to stay for longer in the market irrespective of presence or absence of pandemic.

Moreover, Vitamin C and Zinc containing nutraceuticals and supplements gained tremendous attention during pandemic owing to their immunity boosting potential.

Strengthening mental functioning  

Stress, anxiety, depression and many more mental illnesses were seen frequently in the population during lockdown. Lockdown-induced changes in lifestyle and eating and sleeping patterns further propelled this concern about mental health. However, nutraceuticals, our all-time saviors, helped us strengthen our cognitive functions effectively.

Various nutraceutical ingredients like anthocyanins, vitamin B12, trans-resveratrol, alpha lipoic acids, acetyl choline, gamma aminobutyric acid, etc. covered the brain health market during lockdown. Nutraceuticals containing herbs like Bacopa monniera, Ginkoba biloba, ginseng are also excellent brain boosters which are frequently employed in nutraceuticals.

Moreover, selenium, omega-3 and omega-6 polyunsaturated fatty acids containing supplements are popular brain supplements in the market today. Such nutraceuticals are very helpful in resisting neurodegenerative processes and sustaining cognitive capacities in humans.

Brain boosters are also essential for elderly people to fight age-related cognition loss, parkinsonism and other brain disorders.

Overall need of nutritional elements for health and wellbeing  

Rising health consciousness among the population is resulting in increased consumption of health foods and supplements in recent times. Nutraceuticals, being the source of natural active constitutes boosting overall health, are the part of everybody’s life to fewer or greater extent.

Currently, vitamins and minerals supplements producers are driving market crazy owing to the innovations and increased value in their nutraceutical formulations. Vitamin D, dietary minerals such as iron, selenium, zinc, amino acids such as arginine, glutamine are common elements of the health supplements nowadays as people increasingly adding such health products in their lifestyle.

Moreover, the magic of prebiotics and probiotics is never going to fade away sooner or later.

Influence of nutraceuticals on current healthcare

Current healthcare system has shifted its focus from cure to care. Owing to this shift, the use of nutraceuticals along with pharmaceuticals is rising in today’s scenario.

Nutraceuticals and natural health supplements are getting well-deserved attention in the current system of healthcare. As physicians are exploring an integrative approach for treating the patients, presence of nutraceuticals in patient’s regimen is on the rise. For faster recovery and rehabilitation, during COVID, number of medical practitioners seem to be adaptive toward health supplements and nutraceuticals for patients.

In addition to this, proactive patient care is also seen frequent in today’s healthcare. Use of nutraceuticals, traditional medicines and natural health supplements is one of the essential parts of such disease prevention approaches.

As digitalization of healthcare is on the rise, new technological headways are also making their grand entrance in healthcare system. Telehealth is making its way in developing countries like India. Artificial intelligence and machine learning is also establishing in current healthcare facilities which is making healthcare tasks easier and precise than earlier.

Way forward with nutraceuticals  

As people are increasingly accepting the fact that supplementary nutrition through nutraceuticals and health supplements is a need of the hour, many are looking for evidence-based products with transparency at every single step of product development. New generation consumers are not only health conscious but also have essential knowledge about the things they are consuming.

Product transparency, regulatory compliance and sincere business practices are essential in today’s scenario where nutraceuticals have competitions at every single point in the market. Although healthcare systems are seemed to be quite flexible toward nutraceuticals, for greater acceptance, patient-centric evidence-based approaches with advanced and sophisticated research outcomes are mandatory.

Moreover, when it comes to imports of nutraceuticals, regulatory framework has to be more conscious as cases were seen like import of products which are banned and restricted in India e.g., import of cannabis and its products. Also, there were incidents where such restricted products been sold through e-commerce platforms, which requires equal attention and regulatory interventions. Hence, strengthening regulatory framework for nutraceuticals and health products is essential in this evolving health scenario.

The article is written by Dr. R.B. Smarta and published by Business world

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