
Relief for pharma as Chinese airlines set to resume service
The Hindu
In some relief for Indian pharmaceutical industry and continuity in key raw materials supplies from China, Sichuan Airlines is resuming cargo services to India.It will restart operations from Chengdu
In some relief for Indian pharmaceutical industry and continuity in key raw materials supplies from China, Sichuan Airlines is resuming cargo services to India. It will restart operations from Chengdu to Bengaluru on May 9 and Chengdu to Chennai from May 12, Pharmaceuticals Export Promotion Council of India director general Ravi Udaya Bhaskar said, citing a communication from a senior official of the Department of Pharmaceuticals. The decision is bound to bring cheer to the Indian pharmaceutical industry since its dependence on imports from China is high. Seeking intervention of the Indian Embassy in Beijing, after the airlines stopped operating to India earlier this month, Pharmexcil had said 60-70% of drug intermediates, KSM (key starting materials) and API (active pharmaceutical ingredients) requirements are sourced from China. About 45-50% of all APIs imported feature in the National List of Essential Medicines, it said.More Related News