**Outline for the Answer:**
1. **Introduction**
- Brief overview of traditional drug-testing methods in India.
- Introduction to the recent amendment to the New Drugs and Clinical Trial Rules (2023) and its objective to move away from animal testing.
2. **Historical Context**
- A glimpse into the longstanding practice of using animals in drug testing in India.
- Mention of the ethical, scientific, and economic concerns related to animal testing.
3. **Main Provisions of the Amendment**
- Authorization for researchers to use non-animal and human-relevant methods.
- Emphasis on technologies like 3D organoids, organs-on-chip, and advanced computational methods for testing drug safety and efficacy.
4. **Implications on the Drug Development Process**
- Potential for more accurate representation of human responses, leading to better drug predictability.
- Shortening of the drug development timeline.
- Ethical advantages: Reduction in the use of animals, leading to fewer ethical concerns.
- Cost implications: Potential for both cost savings and new expenses, depending on the technology and resources needed.
5. **Challenges**
- Requirement of multidisciplinary knowledge for technologies like organs-on-a-chip.
- Current dependence on imported resources and the need for an indigenous research ecosystem.
- Concerns regarding variability due to lab-to-lab differences and the need for standardization.
- Need for training and human resource development in the new methodologies.
6. **Alignment with Global Trends**
- Comparison with global regulatory shifts – Mention EU's resolution, the U.S. FDA Modernization Act 2.0, South Korea's Bill, and Canada's amendment.
- India's position and preparedness in the global scenario.
- Potential for India to emerge as a leader in non-animal testing methodologies.
7. **Conclusion**
- Reiteration of the significance of the amendment in ushering a new era for drug testing in India.
- Call for holistic measures to address the challenges and make the most of the global shift towards non-animal drug testing.
(Note: The above outline serves as a guide for constructing a detailed answer, and the candidate should elaborate on each point while keeping in mind the word limit.)