Make in India boost: Government to incentivise companies to produce bulk drugs likely

16-Nov-2015 #MakeInIndia Source: Economic Times

To reduce dependence on China and boost the ‘Make in India’ programme, the centre is mulling to incentivise state-run and private companies to produce ingredients that can be used in making medicines. The government plans to revive two sick public sector units involved in production of active pharmaceutical ingredients (APIs) or bulk drugs and will invite private companies to set up manufacturing units.

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