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PHARMACEUTICAL MANUFACTURING
Germany's Bayer to invest $2.2 billion in US pharma siteBayer has announced a significant investment of $2.2 billion to establish a new pharmaceutical site in New Albany, Ohio. This project follo...- India has biotech talent and know-how, but funding ecosystem lags: Lilly CEOEli Lilly intends to innovate in the weight-loss market, launching up to four new products in the coming years. The success of Mounjaro and...
- India's manufacturing PMI hits 7-month high in September as domestic, export demand strengthenIndia’s manufacturing activity accelerated to a seven-month high in September, with the HSBC PMI rising to 55.1 from 52.8 in August as stro...
- India factory activity rebounds sharply in September as demand revives, PMI hits 7-month highIndia's manufacturing sector rebounded in September after a three-month slowdown, driven by strong demand for various products. The HSBC In...
- Output, wages, GVA... manufacturing sector is on a roll: GVA grows 9.6% to Rs 26.9 lakh crore; sector adds 1.4 mn workersIndia’s formal manufacturing sector recorded broad-based growth in 2024-25, with GVA rising 9.6% to ₹26.9 lakh crore and industrial output ...
- India’s industrial jobs cross 2 cr mark in 2024-25India's industrial workforce increased to over 2 crore in 2024-25, driven largely by the manufacturing sector. The registered manufacturing...
- ChrysCapital to take minority stake in Linux laboratoriesLinux Laboratories has secured $70 million in equity funding from ChrysCapital and Tata Capital Healthcare Fund III. This investment involv...
- Anupam Rasayan completes Bliss GVS deal, targets Rs 4,000-crore integrated platformAnupam Rasayan India Limited has finalised its acquisition of a controlling interest in Bliss GVS Pharma, marking a strategic expansion int...
- FDA Chlorthalidone dissolution testing recall: More than 25,000 bottles of blood pressure medication recalled. Check which tablets are impacted?Blood Pressure tablets FDA chlorthalidone dissolution testing recall: Chlorthalidone medication is prescribed to keep the blood pressure in...
- Kerala HC says exorbitant drug prices can trigger government intervention in patented medicinesThe Kerala High Court ruled that government intervention is permissible for prohibitively priced patented medicines. The court directed the...
- India electronics firms get Rs 19,091 crore PLI incentives, investments cross Rs 20,580 croreElectronics manufacturing companies have received substantial incentives under the production-linked incentive scheme and attracted signifi...
- Steamhouse India wins Rs 311 crore EPC mandate for 300 TPH steam project in Himachal PradeshSteamhouse India Ltd has secured a Rs 311 crore EPC mandate for a 300 TPH common steam and co-generation power plant at the Bulk Drug Park ...
- PLI scheme attracts Rs 2.40 lakh crore investments across 14 sectors, enhancing manufacturing capacity: ReportThe ASSOCHAM report indicates that the Production Linked Incentive Scheme has attracted significant investment across various sectors. It e...
- Nearly 7 billion litres without a market: Ethanol glut in India fuels search for new buyersIndia’s ethanol industry is deluged with severe oversupply, with nearly 7 billion litres of capacity without a clear market. Installed capa...
- Rs 78,400 vs Rs 7,750 medicine: Novartis, Eli Lilly oppose bid to cut breast cancer drug prices in IndiaNovartis and Eli Lilly have opposed a Kerala High Court petition seeking government intervention to make two breast cancer drugs cheaper, d...
- Forced labour and import: Reading India’s latest foreign trade policy additionsWith this notification in place, India has tried to put a protective layer for the domestic industry from unfair foreign competition.
- India’s FDI equity inflows rise 6% to $19.8 billion in Q1FY27; Japan tops, US plunges 76%India’s FDI equity inflows rose 6% to $19.81 billion in April-June FY27, led by Japan at $5.7 billion, while US inflows fell 76% to $1.34 b...
- Govt disburses Rs 36,754 cr under PLI schemes as on June 30The government has disbursed Rs 36,754 crore to beneficiary companies under the Production Linked Incentive schemes. These schemes have led...
- Jagsonpal Pharma to acquire Group Pharma’s wellness portfolioJagsonpal Pharmaceuticals has signed a business transfer agreement to acquire the wellness portfolio of Group Pharmaceuticals. The acquisit...
- Private sector growth hits three-month highManufacturing PMI climbed to a seven-month high of 55.7 in September from 52.8 in August, while services activity increased to 55.8 from 54...
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