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India’s API industry expected to grow 7-8% in FY25

The operating profit margin (OPM) is forecasted to rise to 12-14%, up from 11-13% in the previous fiscal year.Read more

60 pharma firms enrol under Centre’s scheme to upgrade manufacturing facilities

The scheme gives preference to micro, small and medium enterprises (MSMEs), supporting smaller players achieve high standards.Read more

CDSCO shuts down 36% of drug manufacturing units for failing quality standards

India has around 10,000 pharma manufacturing units, of which nearly 80 per cent are micro-small and medium-scale facilities. Read more

Mandaviya inaugurates 40 facilities to manufacture bulk drugs, medical devices

India has taken a big step towards self-reliance, with the commissioning of 27 new bulk drug facilities and 13 medical device manufacturing plants.Read more

Union Health Ministry enhances Pharma Quality Control with Revised Schedule M rules

Schedule M outlines the Good Manufacturing Practices (GMP) for pharmaceutical products, and the revised version aims to ensure adherence to GMP standards, emphasising the requirements for premises, plant, and equipment related to pharmaceutical production.Read more

Ministry launches MedTech Mitra to propel growth in medical devices industry

Minister Mansukh Mandaviya, inaugurating the platform virtually, expressed confidence in the potential for India's medical devices industry to reach $50 billion by 2030.Read more

Genrobotics' G Gaiter AI Robotic Trainer Clinches Top Honour at GPAI Summit 2023

During the summit held from December 12 to 14 at Bharat Mandapam, inaugurated by Prime Minister Narendra Modi, Genrobotics' G-gaiter Robotic Technology secured the prestigious 'AI Game Changers' award.Read more

India marks Oct 10 as inaugural cGMP day to elevate pharmaceutical standards

The government has made it obligatory for all drug manufacturers to adhere to Good Manufacturing Practice (GMP) guidelines.Read more

Indian medical device makers seek extension for Class C, D device licensing

The Association of Indian Medical Device Industry (AiMED), representing domestic medical device makers, sent a letter dated September 25 to Health Minister Mansukh Mandaviya, outlining their concerns.Read more

FDI in manufacturing increases by 76% due to PLI Schemes

PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more

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