India woos Iran with its affordable generic drugs

January 31, 2013

generic_drugsNew Delhi, Jan 31: India is hard selling its cost effective generic drugs to Iran and competing against the expensive medicines from Europe, according to Pharmexcil, the apex body responsible for promotion of the country's pharma exports.

"Iran imports more active pharmaceutical ingredients than formulations from India. Instead of paying high cost to Europe, they should source drugs from India. We have been trying to impress this upon them," Pharmaceuticals Export Promotion Council of India (Pharmexcil) Director General P V Appaji told PTI.

Pharmexcil had recently taken a 25-member delegation to Iran in order to promote pharma trade with the Western Asia nation, he added.

Besides, the organisation is trying to expand trade ties with African and Latin American countries.

"We are concentrating on Latin America and Africa as areas where we can increase our pharma exports. During the recently concluded Vibrant Gujarat Summit, we had invited some 70 delegates from Africa," Appaji said.

Pharmexcil is also participating in the Arab Health 2013, the second largest healthcare event in the world, being held in Dubai to promote Indian pharma companies in the region.

"Indian companies are aware of the market potential in the Middle East and they will showcase a unique variety of high-tech and innovative products, aiming to expand their business in the Middle East region," Appaji said.

When asked about the growth of the Indian drug exports, Appaji said: "US continues to be in the lead role with over 27 per cent exports," adding that the country exported USD 13.2 billion worth of total drugs for the year ended March 31, 2012.

On growth expectations for the current fiscal, Appaji said: "Exports are comfortable at the moment. We expect 20-22 per cent growth in dollar terms."

"Several challenges are there..API exports to Europe have come with a new requirement..every consignment needs to be accompanied with a written confirmation from a competent authority..we are working to pass this requirement comfortably," Appaji said.

Indian pharmaceutical exports to Europe currently stand at around USD 1 billion.

Pharmexcil, set up by the Ministry of Commerce and Industry in 2004, has been tasked with the promotion of the Indian pharmaceuticals industry around the world.

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Agencies
July 7,2020

India's COVID-19 tally raced past the seven lakh-mark with 22,252 fresh infections on Tuesday, five days after crossing the six lakh post, while the death toll climbed to 20,160 as 467 more people succumbed to the disease, according to the Union health ministry.

With this, the country has recorded over 20,000 cases of the infection for the fifth consecutive day.

India's coronavirus infection caseload stands at 7,19,665, the ministry's data updated at 8 am showed.

With a steady rise, the number of recoveries stands at 4,39,947, while there are 2,59,557 active cases of coronavirus infection in the country.

"Thus, around 61.13 % of patients have recovered so far," an official said.

The total number of confirmed cases also includes foreigners.

Of the 467 deaths reported in the last 24 hours, 204 are from Maharashtra, 61 from Tamil Nadu, 48 from Delhi, 29 from Karnataka, 24 from Uttar Pradesh, 22 from West Bengal, 17 from Gujarat.

Telangana and Haryana reported 11 deaths each; Madhya Pradesh nine; Andhra Pradesh seven; Jammu and Kashmir six; Rajasthan and Punjab five each; Bihar, Kerala and Odisha two each; and Arunachal Pradesh and Jharkhand one each.

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News Network
January 21,2020

Lucknow, Jan 21: Defending his brainchild, the Citizenship Amendment Act (CAA), Union home minister Amit Shah on Tuesday said the new law will not be scrapped despite the countrywide protests against it.

Addressing a rally here to drum up support for the CAA, Shah also declared that construction of a Ram temple "touching the skies" in Ayodhya will begin within three months.

He said there is no provision in the amended law for taking anyone's citizenship away. "A canard is being spread against the CAA by the Congress, SP, BSP, and Trinamool Congress. The CAA is a law to grant citizenship," he added.

"I want to say that irrespective of the protests this will not be withdrawn," he added.

Shah challenged Congress leaders to hold a discussion with him on CAA at a public forum.

He named Congress leader Rahul Gandhi, Samajwadi Party's Akhilesh Yadav, Bahujan Samaj Party's Mayawati and TMC chief Mamata Banerjee while throwing the "challenge".

Congress has become blind due to vote bank politics,"he said. He also blamed the Congress for Partition.

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News Network
February 19,2020

London, Feb 19: Indian universities had a good performance year within the emerging economies of the world as a record 11 made it to the top 100 Times Higher Education's (THE) Emerging Economies University Rankings 2020.

Only China has more universities than India in the top 100 at 30 from a total of 47 countries and territories included in the analysis released in London on Tuesday evening.

A total of 56 Indian universities appear in the full ranking of a total of 533 universities across emerging economies of the world.

The Indian Institute of Science (IISc), ranked 16th, is India’s top-ranked institution followed by the Indian Institute of Technologies (IITs).

"There has long been a debate about the success of Indian universities in world rankings, and for too long they have been seen as underperforming on the global stage," notes Phil Baty, Chief Knowledge Officer for the THE.

"The Emerging Economies University Rankings 2020 suggests that real progress is being made by a number of institutions in a number of metrics across our robust methodology, and could mark an exciting turning point for Indian higher education, enabled in part by the Institutes of Eminence scheme," he said.

The Indian government’s Institutes of Eminence scheme was established in 2017 and one of its participating universities, Amrita Vishwa Vidyapeetham, has entered the top 100 for the first time, moving up a huge 51 places from joint 141st in 2019.

The other universities included in the Institutes of Eminence scheme that appear in the top 100 mark the biggest improvers in the ranking with IIT Kharagpur moving up 23 places to 32nd, IIT Delhi improving by 28 places to joint 38th and IIT Madras climbing 12 places to joint 63rd.

The Institutes of Eminence scheme provides participating universities with government funding and greater autonomy with the aim of moving them into the top 100 of the world university rankings, including Times Higher Education’s World University Ranking, over time.

The expectation is that this will be achieved through a number of changes including an increase in foreign students and staff, offering online courses and encouraging academic collaboration with other top universities around the world.

This year marks only the second time that 11 Indian institutions have held top 100 positions since the ranking began in 2014, when much fewer universities took part in the ranking globally.

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