Gujarat: With over 300 projects, pharmaceutical industry to get a boost
| Wednesday | 21st August, 2019
Over 300 projects to manufacture medicines and other pharmaceutical products are coming up in the state, said a top state official.
This will help the state increase its share in the country's pharmaceutical manufacturing from around 33% at present to 40% in a few years.
"Earlier, the state's share was over 40% in the country's pharmaceutical production.
Industry players say that if China stops the supply of these materials to India, local production of medicines will come to a virtual standstill.
"The central government is aware of the issue and a committee has been formed to create a roadmap to decrease the reliance on imported APIs and other raw materials," he said.
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