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Parliamentary panel asks CSIR to set specific targets to reduce pharmaceutical industry's dependence on imported raw materials
New Delhi: A parliamentary committee has asked the Council of Scientific and Industrial Research (CSIR) to set short- and long-term targets for reducing the Indian pharmaceutical industry's dependence on imported raw materials from around 80 percent at present to 30-40 percent in the next five years. The Department-related Standing Committee on Science and Technology, Environment, Forests and Climate Change, in its report, said it is fully aware of the current state of huge dependence of the Indian pharmaceutical industry on import of majority of raw materials.
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751