APIs worth Rs 28,529 crores imported in FY2020-21 : Govt – ET HealthWorld

The Government of India has imported APIs worth Rs 28,529 crores in FY2020-21, as per the data maintained by the Directorate General of Commercial Intelligence and Statistics (DGCIS). The data also revealed that the exports were worth Rs 32,856, notified Mansukh Mandaviya, Union Minister of Health and Family Welfare in Lok Sabha yesterday. The size of the API and Intermediates market in India is estimated to be Rs 96,000 crores in FY 2019-20, he mentioned. Highlighted that three schemes implemented by the Department of Pharmaceuticals (DoP) for promoting domestic manufacturing…

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