Dumping of bulk drugs from China: Govt promises checks
13 Dec 2014 11:14 PM GMT
Government will take steps to check import of bulk drugs from China, which is dumping the pharmaceutical ingredients in the country, a Union minister said on Friday.
Minister of State for Fertilisers Hansraj Gangaram Ahir said there is tremendous scope for growth of pharma sector in India and the government believes in ‘Make in India’ principle.
He was speaking at the National Pharmaceuticals Conclave organised by Confederation of Indian Industry here.
“China is challenge in front of us. We are aware that there is need for changes in policy .... It is dumping bulk drugs here. We will discuss and take necessary steps to check the imports of bulk drugs from China,” Ahir added.
The Minister also advocated for higher coordination between research institutes and industry adding, “Our students can challenge anyone in the world and thus we can be the leading manufacturers.”
A bulk drug or active pharmaceutical ingredient adds therapeutic effect to medicine.
Minister of State for Fertilisers Hansraj Gangaram Ahir said there is tremendous scope for growth of pharma sector in India and the government believes in ‘Make in India’ principle.
He was speaking at the National Pharmaceuticals Conclave organised by Confederation of Indian Industry here.
“China is challenge in front of us. We are aware that there is need for changes in policy .... It is dumping bulk drugs here. We will discuss and take necessary steps to check the imports of bulk drugs from China,” Ahir added.
The Minister also advocated for higher coordination between research institutes and industry adding, “Our students can challenge anyone in the world and thus we can be the leading manufacturers.”
A bulk drug or active pharmaceutical ingredient adds therapeutic effect to medicine.
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