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India APIs Incentive Scheme: Will It Galvanize Local Firms, Bridle The Dragon?

Aims To Improve Self-Sufficiency

Executive Summary

India shapes new production-linked incentives scheme for critical APIs to ensure self-reliance and cut massive dependence on imports from China, but much will depend on actual implementation, including timely clearances. Pharma will also need to 'walk the talk' alongside.

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