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Six industries drive over half of India’s formal manufacturing GVA: NSO

In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more

Role of AI and automation in quality control in the pharmaceutical industry

In recent months, the Indian pharma industry, accounting for 20% of the global generic exports, has been facing problems related to quality from global & local regulators. By leveraging AI and automation, the industry can not only overcome quality challenges, but can also help it reach the target of $ 130 billion by 2030, says Sanskriti Ramachandran.Read more

Nearly 2,000 drug manufacturing plants overdue for FDA inspections post-COVID

These overdue inspections affect about 42% of the 4,700 registered drug manufacturing plants that were reviewed by the FDA before May 2019.Read more

Over 1,300 units operational under PLI scheme; to generate jobs

Preliminary calculations suggest that the production of Rs 10 trillion under the PLI scheme should translate to incentives worth Rs 500 billion.Read more

New scheme to strengthen India’s medical device industry to launch soon

Additionally, the Union Cabinet's approval of the National Medical Devices Policy last April is expected to further drive growth in the sector.Read more

USFDA sends warning to Eugia over manufacturing violations at Telangana facility

The regulatory body noted that Eugia failed to maintain complete laboratory records essential for compliance with established specifications and standards.Read more

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

FDI in manufacturing reaches $165 billion; 69% growth over last decade

This sector surge is largely driven by production-linked incentive (PLI) schemes.Read more

Indian manufacturing sector sentiments improved for Q1 24-25: FICCI

The survey reveals that 78% of respondents anticipate higher or stable production levels, up from 57% in the previous year.Read more

Avians High-Speed Clean Room Doors for Controlling Contamination

Clean rooms are critical in sectors such as pharmaceuticals, semiconductor fabrication, biotechnology, food processing, etc. In these industries, which are required to adhere to stringent contamination control standards, Avians high-speed clean room doors are emerging as a game-changing solution.Read more

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