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Indian pharma sector poised for 8-10% growth this fiscal: CRISIL
Following a successful year with approximately 10% growth, the outlook is bolstered by easing pricing pressures in the US generics market and improved operating leverage, which is expected to raise operating margins by 70-80 basis points to around 22.5%. Read more
Increased scrutiny by US FDA: A boon or bane Indian pharmaceutical sector
Even with the surge in USFDA-approved manufacturing sites in India, the proportion of Official Action Initiated (OAI) observations by the USFDA has stayed consistent at 10% of total inspections in CY23. Read more
INOX Air Products to set up 2150 TPD oxygen plant at SAIL’s Bokaro Steel Plant
INOX Air Products to set up 2150 TPD oxygen plant at SAIL’s Bokaro Steel Plant Read more