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Shooting prices of API: ASSOCHAM seeks Govtâs intervention
Excelsior Correspondent
JAMMU, May 4: ASSOCHAM today said that when the country is fighting the second wave of COVID-19, the Pharma sector is facing shooting prices and shortage of Active Pharmaceutical Ingredients (API), as 85% of API comes from China.
The issue was chaired by ASSOCHAM Northern Region in an online meeting chaired by Vivek Atray, Chairman ASSOCHAM Regional Council on Policy Advocacy Initiatives. In the meeting, which was attended by the chairman of all state development councils of Northern states, the participants sought Government intervention in clearing the bottleneck in import from China.