India's over-dependence on China for key pharma raw material worrying, says ASSOCHAM paper

19 October 2016

India may have emerged as a key supplier of generic and affordable medicine for the world market, its overwhelming dependence on China for a crucial raw material, or active pharmaceutical ingredient (API), to the extent of over 65% of the requirement, has emerged as a main worrying area, an ASSOCHAM (The Associated Chambers of Commerce & Industry of India) and business management consultancy RNCOS joint paper has noted.

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