In a meeting with govt officials, drug-makers flagged concerns that their clients may start buying products from other countries if restrictions on Indian products continued.
Despite being the leading supplier of medicines across the globe, Indian pharma industry heavily depends on China for ingredients used to make even basic drugs.
In meeting chaired by Niti Aayog CEO Amitabh Kant, govt asks top Indian pharma firms to amp up production of these 38 raw materials, technically called APIs.
ThePrint had reported that PM Modi told pharma companies to stop bribing doctors. IPA secy general had said he didn’t have any information about such a meeting.
In her May 2019 book Bottle of Lies, Katherine Eban accused Indian pharma firms of major lapses such as ‘toxic impurities’ and fudging data on quality control.
India has one of the lowest drug prices in the world, yet many Indians are deprived of life-saving drugs. Price controls haven't been enough to bridge this gap.
The most geopolitically consequential dimension is Donald Trump’s attempt to anchor a US-Russia reset into this peace package. This includes diplomatic and economic ties.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
Govt should be utlising production capacity of private sector — units which are making garments/under garments should be making masks. Similarly, all white-goods manufacturers should be making ventilators.
Govt should be utlising production capacity of private sector — units which are making garments/under garments should be making masks. Similarly, all white-goods manufacturers should be making ventilators.