According to a report released by FICCI CASCADE, the illicit trade of mobile phones, alcoholic beverages, tobacco products, FMCGs were valued Rs 2.6 lakh crore for the year 2019-20.
Advice comes at a time when India accounts for a 5th of global generic drug supply & 40% of generics used in US. However, this strength in finished formulations relies on imported ingredients.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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