India developing bulk drugs/API to CUT CHINA dependence

in #knowledge6 years ago (edited)

Indian government is working on frame work to produce bulk medicine in india itself so as to reduce the china import of rawmaterial . over dependence on china for medicine rawmaterial is point of concern for government .

India export to almost every part of the developed world US, EU, JAPAN .

About 75% of (APIs)that are listed in country essential medicine  are imported from china .

Of all the imported rawmaterial for medicine 66 % source from china .Some government agencies from  fertilizers,chemical with private players joining hand to work out for possible solution to curtailed dependence on china . Initiative of government will go on a long run to help ,boost local industries .

Also studies say that often chinise final product are costlier , which end up paying high price by customer .

Government official's say that country had required potential  ,capibality is present to meet up the challenge  .

for more information please also see :

2) https://economictimes.indiatimes.com

3)https://www.livemint.com/Industry/ZArLVKEFuSyz6KpVG2A3kJ/India-to-push-for-local-manufacturing-of-APIs-reduce-depend.html

Sort:  

This post has been upvoted for free by @nanobot with 0.1%!
Get better upvotes by bidding on me.
More profits? 100% Payout! Delegate some SteemPower to @nanobot: 1 SP, 5 SP, 10 SP, custom amount
You like to bet and win 20x your bid? Have a look at @gtw and this description!