Industry suspects that the price of Indian medicines is rising because of China.
Rising Bengal News Bureau: The price of imported Chinese raw materials for Indian-made medicines is increasing rapidly, which is also affecting the Indian market.
As a result of the increase in the prices of raw materials for medicines, the prices of pain, infection, heart drugs and antibiotics are set to increase in India from next April.
However, the increase in the price of raw materials for pharmaceuticals imported from China is not coincidental, but rather a result of planning Some of the measures taken by China have raised questions.
It may be noted that so far, raw materials for India-made medicines 80-90% have been coming and going from China The prices of daily use medicines, especially paracetamol, whose raw materials are imported from China, have also almost doubled However, considering the COVID situation, Prime Minister Narendra Modi's announcement of a special allowance policy to boost the pharmaceutical industry is likely to hurt Chinese business.
Therefore, it is suspected that China's move may go as planned so that India cannot compete in the pharmaceutical market.
Therefore, it is suspected that China's move may go as planned so that India cannot compete in the pharmaceutical market.
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