Mobility paves Samsung’s silver path
The Korean giant’s early bet on mobile phones helped it hit the $10-bn mark in India, but in its 25th year it ...
Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has called for Request For Proposals (RFP) for a setting up a Bulk Drug Park (BDP).
The State Government is planning to set up the BDP in line with the recent announcement of the Department of Pharmaceuticals, Government of India.
Citing the DoP-GoI scheme of `Promotion of Bulk Drug Parks’ notified on July 27, 2020 APIIC said the private developers or join-ventures developers who are willing to give a minimum of 2,000 acres for the park in the Design, Build, Finance and Operate’ model and partner with APIIC can send proposals for partnership.
The individual developers and firms can submit the proposals before September 18, 2020 in the format given in the APIIC portal.
In order to encourage domgestic production of critical Active Pharmaceutical Ingredients and Key Starting Materials and medical devices, the Union Cabinet on March 12 approved a scheme for development of three bulk drugs and four medical devices parks in which the Centre will extend grants-in-aid to States with a maximum limit of ₹1,000 crore per bulk drug park and ₹100 crore per medical device parks.
The move assumes significance in the wake of recent efforts to reduce dependency of Indian pharma industry on import of the raw materials from China.
About 65 per cent of the raw materials for Indian drug makers worth $3.5 billion are being sourced from China.
The rising cost of APIs being imported is another major concern as it adversely impacts cost of production as well as the margins of Indian firms. According to a note of the Ministry of Commence, between March and May this year, there has been a 20 per cent increase in prices due to the impact of Covid-19.
The Korean giant’s early bet on mobile phones helped it hit the $10-bn mark in India, but in its 25th year it ...
Antrix should adopt a different tactic than merely fighting over jurisdiction: Experts
Invest in relationships, enterprise, behaviour, effort and learning
From different types of osmoses to new membranes, researchers have come up with ways of drawing water
High valuation and stiff competition from larger players are a dampener
Will a stock continue its current trend or will it reverse? We tell you how you can read chart patterns to ...
Most AMCs have been sending out cryptic e-mails. We tell you how to read between the lines
Slew of factors are building a good foundation for the bulls to work their way up
In these isolated times when people yearn for a slice of the familiar, amateur and professional chefs are ...
Writer Narendra’s latest book, rich with vignettes from Bastar and his native village in Uttar Pradesh, ...
On the eve of his 86th birthday, a peek into an interview-based book that reveals the actor’s many moods, ...
Forget the tuna. The island nation will keep you full and happy with coconut, koftas and jasmine
Digital is becoming dominant media, but are companies and their ad agencies transforming fast enough to make a ...
Slow Network, promoted by journalist-lyricist Neelesh Misra, pushes rural products and experiences
How marketers can use the traditional exchange of festive wishes meaningfully
For Fortune, a brand celebrating its 20th anniversary, it was a rude shock to become the butt of social media ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor