active pharmaceutical ingredient (API) Current Affairs, GK & News

India-China Trade in 2021

January 17, 2022

The trade between India and China was around 125 billion USD in 2021. India’s imports from China stood at 100 billion USD. Most of the import demands were in machinery. India – China Trade in 2021 India faced a trade deficit of 69.4 billion USD with China in 2021. This was 22% higher than the ..

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GoI to launch Rs 25,000 crore plan to cut Chinese Imports

September 18, 2020

The Government of India is to launch a production linked incentive scheme in order to reduce dependence on Chinese import of chemicals. The scheme will have an outlay of Rs 25,000 crores and is to be implemented over the next five years. Highlights The department of chemicals over a series of recent meeting, has identified ..

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‘Active Pharmaceutical Ingredients’ Report Published by TIFAC

July 15, 2020

Technology Information Forecasting and Assessment Council, an autonomous organization working under the Department of Science and Technology, has released the report on the API development in India. The report titled ‘Active Pharmaceutical Ingredients – Status, Issues, Technology Readiness’ has focused on the need to beef up the indigenous production of the APIs in the country. ..

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Three Bulk Drug Parks and Four Medical Devices Park to be established in India

July 14, 2020

On July 13, 2020, the Union Ministry of Chemicals and Fertilizers finalised guidelines to select three bulk drug parks and four medical devices parks. Highlights The parks are to be set up at Bhatindia in the state of Punjab. Bhatindia has been selected as it has good connectivity of water and land availability. The state ..

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