The minister also said that the government will soon come out with a policy on medical devices.
“We want that APIs (Active Pharmaceutical Ingredients) and bulk drugs should be manufactured locally within India,” further said Mr Ahir.
Terming India as the ‘medical store of the world,’ the minister said that there are over 10,000 big and small drug manufacturing industries across the country. “We are exporting drugs into over 200 countries, it is a big achievement.”
However, he said that it is concerning to note that over 5,000 industries engaged in drug manufacturing do not carry out research and development process, which is the need of the hour.
In his address at the ASSOCHAM event, Mr Jagdish Prasad, Director General of Health Services said that with a view to perk up drug manufacturing standards in India, the government has asked drug manufacturers to set up research and development (R&D) system to ensure they follow quality standards.
“Drug manufacturers should either have a R&D system of their own or they should be attached to R&D which is available in other industries, without R&D they should not manufacture drugs, we are trying to put this to drug manufacturers across the country to have high quality drugs available with them,” said Mr Prasad.
He also said that India has the potential to produce much better medical devices compared to those being manufactured in China.
“Most of the Chinese equipment used in medical system, be it monitors, ventilators and others, we can produce much better medical equipments compared to China,” said Mr Prasad.
India is totally dependent on medical devices imported either from China or from European countries, hardly any medical device is made for diagnostics set up which we can produce and export in the country,” he added.
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