Home » News »

Commerce Minister releases study report on Indian pharma exports to China 

For India to make a strong pitch for pharma exports to China, the Department of Commerce in coordination with Embassy of India at Beijing commissioned a study on “Enhancing Indian Exports of Pharmaceutical products to China” under the Market Access Initiative Scheme (MAI) to have a proper understanding of Chinese market and to help the Indian pharma industry to evolve appropriate and focused strategy for entry of the Indian generic drugs.

The study examines the health care market, pharmaceutical market the distribution system, procurement and bidding process and the regulatory landscape in China. The study also gives recommendations on how to access the Chinese market.

China’ s health-care sector continues togrowrapidly with spending projected to grow from $ 357 billion in 2011 to $ 1 trillion in 2020. From pharmaceuticals to medical products to consumer health, China remains among the world’s most attractive markets, and by far the fastest-growing of all the large emerging ones.

The study has been done by IMS Health team which worked with PHARMEXCIL and Industry stakeholders.

About Indianindustry Media

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

IREDA invites bids for Rs. 4500 crore Solar PLI scheme

Indian Renewable Energy Development Agency Ltd. (IREDA), a PSU under the Ministry of New & ...

Revenue Deficit Grant of Rs. 9, 871 crore released to 17 States

The Department of Expenditure, Ministry of Finance on Tuesday released the 3rd monthly installment of Post ...

Guidelines issued for fast and efficient vaccination of Civil Aviation Community

Ministry of Civil Aviation (MoCA) has issued enabling guidelines to facilitate the vaccination program in ...

India to import 4,50,000 vials of Remdesivir

The Government of India has started importing the vital drug Remdesivir from other countries to ...

Finance Minister Smt. Nirmala Sitharaman assures industry of Government’s support; Industry should wait & watch to assess the situation

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, here today urged the industry ...

India has witnessed tremendous growth of 727% for Wheat export and 132% for (Non-Basmati) Rice export during 2020-21

India has consistently maintained trade surplus in the agricultural products over the years. India’s agricultural ...

Exchange rate notification No. 40/2021 – Customs (N.T.)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 ...

Sanction for prosecution accorded in 366 cases in violation of CSR provisions

Whenever any violation of CSR provisions is reported, action against such non-compliant Companies are initiated ...

Bankrupt Companies after lockdown was imposed due to COVID-19 pandemic

As per information from Insolvency and Bankruptcy Board of India (IBBI), details for the period ...

POWERGRID Signs Agreement to Acquire 74% Stake in Jaiprakash Power Ventures Limited

Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under Ministry of Power, Government ...

WP2Social Auto Publish Powered By : XYZScripts.com