India Imports 66 Percent Medical Drugs From China

New statistics have revealed that a large share of India’s drug imports continue to flow in from China. These imports account for 66 percent of the country’s total drug imports. India’s drug imports from top five countries currently stands at Rs 18,372.54 crore.

The other four nations are Germany, USA, Italy and Singapore. India imported active pharmaceutical ingredients worth Rs. 12,254.97 crore from China in 2016-17 in contrast to the Rs 820.18 crore worth of pharmaceutical ingredients imported from the US.

API imports from Italy stood at Rs. 701.85 crore the reviewed year with imports from Germany and Singapore clocking a worth of 485.11 crore and 422.01 crore respectively.

"It may be mentioned that most of the imports of bulk drugs/API (are) being done in the country because of economic considerations," Mandaviya said. 

 "It may be mentioned that most of the imports of bulk drugs/API (are) being done in the country because of economic considerations," Mandaviya said. 

India is a signatory to the WTO and TRIPs agreements due to which import restrictions have been reserved, he commented.

In 2015-16, India's total bulk drug imports from the top five countries were at Rs 21,225.97 crore and it was Rs 19,833.19 crore in 2014-15, the minister added. 

Mandaviya also stated that the Department of Pharmaceuticals has requested medical device associations, healthcare industry bodies and the relevant regulatory agencies to assist in the categorization process of medical devices.

"Industry has proposed that the total trade margins for medical devices could be capped to make quality medical devices affordable. Discussions on the issue with industry resulted in the need for categorisation," Mandaviya said, adding there has been no consensus on the issue. 



 

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