India s pharma industry is heavily dependent on China for bulk drug imports, with 43% of total pharma imports originating from China, according to a report by CareEdge. Moreover, the use of bulk drugs from China has increased from 64% in fiscal year 2014 to 71% in FY23, the report added.
The company supplies high-quality yarn to 90 countries globally. The decision to expand capacity comes due to the growing demand for cotton and the cotton industry. According to ICRAs latest report, the demand for the cotton yarn industry is expected to improve by close to 10% in volume terms in FY2024 on a yearly basis.
Total coal imports rose 14% YoY to reach 47.27 MT during the same period. Non-coking coal constituted the majority of the imports, accounting for 64% of the total imports
The Freedge aims to reduce food insecurity and waste in communities all over the world. The movement promotes access to food through public refrigerators.