17) Report on APIs Flashcards
What are APIs ?
Active Pharmaceutical Ingredients
Who has released this report ?
TIFAC – Technology Information , Forecasting and Assessment Council
India’s position in terms of its pharmaceutical industry ?
3rd largest in terms of volume behind China and Italy
14th largest in terms of value
How are we in terms of APIs manufacturing ?
Local manufacturing is very less due to availability of cheap imports. We import 60-70% of APIs from China
What has the report recommended ?
To create mega drug manufacturing clusters with common infrastructure in India
Along with this a white paper with tile : “Focussed Interventions for Make in India : Post COVID 19” is also released
About TIFAC ?
1) Registered society in 1988
2) Autonomous body under Dept of Science and Technology
3) Mandated to assess the state of art of technology and set directions for future technological development