The polluted air in Delhi-National Capital Region (NCR) and, to some extent, Mumbai, is affecting dine-in sales at restaurants and bars during the peak festive season. Chains are reporting a decline of up to 30% compared to the previous year. Additionally, sales of masks and home/car air purifiers have surged by 70-100%, as stated by several executives.
"We are seeing steady recovery in our healthcare portfolio, which is a higher margin business. We expect healthcare alone to be a ₹5,000 crore business in the near term," Dabur India CEO Mohit Malhotra said while addressing investors. The company s healthcare portfolio includes Chyawanprash, Honitus and Honey. In FY23, Dabur s healthcare business clocked revenue of ₹2,581 crore, more than the ₹1,724 crore in its food and beverage business.
Pharmaceutical companies manufacturing lifesaving drugs may see good revenue growth in upcoming quarters after National Pharmaceutical Pricing Authority’s (NPPA) announcement of hike in prices of around 800 essential drugs from April 1.
Why â98% of oximeters in Indian market are Made-in-Chinaâ but buyers donât care
India has been reporting over 3 lakh Covid cases daily over past few days, leading to massive demand for items like pulse oximeters.
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New Delhi: Pulse oximeters, the bite-sized devices that help monitor your oxygen levels, have emerged as key tools in the Covid pandemic by guiding patients on when they need medical attention (a reading of 94-98 is usually considered normal).
In India, Chinese imports dominate the pulse oximeter market, with an estimated 98 per cent coming in from across the border. While the Ladakh stand-off between India and China stoked a sentiment of protest against Chinese goods last year, chemists say they have experienced no such concern with oximeters.Â