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Total medicines sale by dealers to retailers stood at Rs 1.40 lakh crore in Apr-Dec: Mansukh Mandaviya
"Under the PLI scheme for pharmaceuticals, 20 out of 55 selected applicants are MSMEs. The formulations manufactured by these applicants mostly fall under off-patent generic drugs," the statement said.
New Delhi: The total sale of medicines by stockists/dealers to retailers in India stood at over Rs 1.40 lakh crore during the April-December period, Rajya Sabha was informed on Tuesday. In a written reply to a query, Union Minister of Chemicals and Fertilisers Mansukh Mandaviya laid a statement on the table of the Upper House stating no separate data is, however, maintained regarding consumption of generic medicines in the country
Read also: India to spend USD 79.6 million to strengthen drug regulatory system: Health Minister
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