Mounjaro's India launch
Eli Lilly's Mounjaro launches in India

Eli Lilly has launched Mounjaro in India, one of the largest markets in the world with a very active pharmaceutical industry.

As reported by Reuters, Eli Lilly launched Mounjaro (Tirzepatide) for $200/month which is considered pricey in India, but is cheaper than any other offering in other nations.
Mounjaro carries a list price of $1,086.37 for each monthly fill in the U.S., but the amount patients pay largely depends on their insurance plan. Lilly also offers 5 mg, 7.5 mg and 10 mg vials of Zepbound, with prices around $499 for a month's supply if customers pay directly in cash without any third-party entities.
It's becoming clear that GLP1 and access to affordably priced GLP1s is a boon for many countries, and key to improving health outcomes for people. While Eli Lilly attributes the price differences to differences between healthcare systems, many that have up until now been able to use compounding (but no longer can) know that it's possible to have cheaper access to GLP1s, just not currently allowed.
Does India intend to develop GLP1s?
India has a bustling drug manufacturing industry, and while there has been less news on firms in India developing a new GLP1 drug, plans to manufacture existing formulations (in particular Semaglutide) are known:

One important note is that they can only do this after the expiry of the patent on Semaglutide:

As other large generic manufacturers have already entered the race to produce GLP1s, it looks like 2026 will be a banner year for generic GLP1s, as India is well prepared and motivated to produce them in large quantities for use locally and export.