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Indian API Industry: Future Growth Underpinned By Macro Tailwinds
29 Jun 2024, 06:45 PM IST
Active pharmaceutical ingredients are the chemical-based active compounds required in a drug and are produced mainly in countries like India and China. India, apart from being a very strong domestic market, having distinct manufacturing capabilities and a highly skilled workforce, is one of the largest producers of the APIs globally. The Indian API industry, standing tall at $11.9 billion within the $53.4 billion Indian pharmaceutic...
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