Govt to boost bulk drugs, medical devices industries

1 min read 27 Jul 2020, 01:22 PM IST

Reuters

Sadananda Gowda launches schemes to boost manufacturing in the bulk drugs and medical device industries

BENGALURU : India's chemicals minister on Monday launched schemes to boost manufacturing in the bulk drugs and medical device industries to reduce India's dependence on exports in these sectors.

"The objective is to make India self-reliant in production of 53 critical (active pharmaceutical ingredients) APIs or Key Starting Materials (KSMs), and in production of medical devices, for which India is crucially dependent upon imports," Sadananda Gowda, the federal minister for chemicals and fertilisers, tweeted on Monday.

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Published: 27 Jul 2020, 01:22 PM IST