Friday, July 31, 2020

Centre looking to hike import duty on bulk drugs, in bid to boost local manufacturing

The department of pharmaceuticals (DoP) is mulling the proposal as it
pushes to make India self-reliant on APIs. A committee of experts
formed by the DoP has suggested increasing the customs duty on APIs by
10 percent.

https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/centre-looking-to-hike-import-duty-on-bulk-drugs-in-bid-to-boost-local-manufacturing/articleshow/77295317.cms

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