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SME Lead

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Jul 30th
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PM urged to frame exclusive policy for SMEs in pharma sector

PM urged to frame exclusive policy for SMEs in pharma sector

 

Intervention of Prime Minister Manmohan Singh has been sought to form a high powered Parliamentary committee on the lines of Hathi Committee of 1978 to frame a comprehensive policy to help the small and medium scale pharma units so as to make India a hub of quality medicines at affordable prices in public interest.

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INDIAN PHARMACEUTICAL PACKAGING INDUSTRY TO REACH PROMISING NEW HEIGHTS

INDIAN PHARMACEUTICAL PACKAGING INDUSTRY TO REACH PROMISING NEW HEIGHTSToday, the Indian packaging industry worth about 23 billion US $, is considered a sunrise industry with a great scope for entrepreneurship and marketing. It is growing at a rate of 12-14% annually, which is just double to the global packaging industry growth.

The packaging industry for the pharmaceutical/biotechnology industry has undergone a sea change in the past decade, coming out with a number of innovations and solutions that are consumer-friendly besides being safe and aesthetic. It is no surprise that the packaging for the pharmaceutical/biotechnology industry in India is worth about Rs 25,000 crore ( approx. 6 billion US $) The Indian packaging industry for the pharmaceutical/biotechnology industry is extremely competitive and is now bringing this competitiveness to the world market in many forms.
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