News | November 17, 2021
Sluggish exports to cap pharma revenue growth at 9% this fiscal
A CRISIL study of 207 pharmaceutical companies that account for 55% of the Rs 3.2 lakh crore-a-year sector revenue indicates as much.
A CRISIL study of 207 pharmaceutical companies that account for 55% of the Rs 3.2 lakh crore-a-year sector revenue indicates as much.
Drugs and pharmaceuticals were among the top eight export items in H1FY22, according to a Care Ratings report.
The export policy of all diagnostic kits and reagents (including instruments /apparatus) ... is being made free with immediate effect," the directorate general of foreign trade (DGFT) said in a notification
Quantitative restrictions in place to meet domestic needs to cater to the vaccination programme
The country’s vaccine production has more than doubled since April and is set to touch 300 million doses next month
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In the period April to August 2021, exports stood at Rs 73,469.29 crores compared to Rs 72,275.22 crores for the period April to August 2020 a growth of 1.65 per cent
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As of June 30, 2021, 267 out of a total of 427 SEZs approved by the government are operational
The notification implies that any export of Rapid Antigen Kit will require a licence or permission from DGFT
The scheme incentivizes the manufacturing of patented drugs and other high value drugs at an incentive rate of 10% of incremental sales
The govt has rolled out three schemes for promoting the manufacture of API
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