During a pre-budget consultation in New Delhi, Satish Reddy, chairman of Dr Reddy's Laboratories, stressed the necessity of collaboration between government and the pharmaceutical industry. He argued that such partnerships are essential for developing a healthcare system that is prepared for future challenges. Reddy proposed the implementation of risk-based innovation funding to enhance India's pharmaceutical ecosystem. This funding approach is intended to accelerate medical breakthroughs and improve access to affordable healthcare for patients. His comments reflect a growing recognition of the need for integrated efforts to address healthcare delivery issues in India.