header banner
Default

29 out of 43 "critical" APIs are currently made in the country | India News - Times of India


This story is from February 22, 2023

India has started making 29 out of 43 ‘critical’ active pharmaceutical ingredients (APIs) that were earlier imported, senior officials in the health ministry said on Tuesday. An official said that this will reduce the country’s dependency on other countries, including China.

29 of 43 ‘critical’ APIs now locally produced

NEW DELHI: India has started making 29 out of 43 ‘critical’ active pharmaceutical ingredients (APIs) that were earlier imported, senior officials in the

health ministry

said on Tuesday. An official said that this will reduce the country’s dependency on other countries, including China.
In 2021, the department of pharmaceuticals had launched a product-linked incentive (PLI) scheme for pharmaceutical goods and in-vitro diagnostic medical devices. Officials said the financial outlay under this scheme is Rs 15,000 crore over a period of six years. “The department of pharmaceuticals has released the first tranche of incentives amounting to Rs 166 crore to four selected applicants,” an official said.
“Working to reduce import dependency through indigenous production, the government is focusing on production of high-value pharmaceuticals and high-end medical devices. Manufacturing of components for high-end devices will be another step towards

Aatmanirbharta

,” said health minister

Mansukh Mandaviya

.

FOLLOW US ON SOCIAL MEDIA

Visual Stories

VIDEO: India@100 | Health-The Next Frontier| Gene Therapy| API Production| Biosimilars| AI Anchor Sana
India Today

Elections

VIDEO: India now aggressive on making Pharma API under Make In India /National News/International News
THE XTRA BULLETIN

TOP TRENDS

VIDEO: Self-reliance in API is achievable in India | Sudarshan Jain & C Krishna Prasad to ET Now
ET NOW

Sources


Article information

Author: Christine Ramirez

Last Updated: 1698289922

Views: 1837

Rating: 4.6 / 5 (100 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Christine Ramirez

Birthday: 1999-01-22

Address: 18435 Betty Dam Apt. 898, Keithshire, CO 62040

Phone: +3743917236753268

Job: Biomedical Engineer

Hobby: Cross-Stitching, Orienteering, Astronomy, Painting, Archery, Animation, Camping

Introduction: My name is Christine Ramirez, I am a persistent, radiant, candid, fearless, frank, tenacious, priceless person who loves writing and wants to share my knowledge and understanding with you.