<span style="color: #222222;">Commerce and Industry minister Piyush Goyal today informed the Lok Sabha that the Indian Missions abroad have also been asked to explore the possibility of sourcing raw material for our production, in their respective countries. In a written reply to a question Minister said that the Several Missions have shared the list of potential buyers/suppliers in their countries with our Export Promotion Councils (EPCs) and agreed to facilitate B2B meetings for them.</span><br />'' <span style="color: #222222;"><br />'' Minister also said that the Corona Virus outbreak in China has led to restrictions on movement of people and business activities in many provinces of China, in order to control the spread of virus. The closure of factories in China may affect Indian industries, which import components, intermediaries and raw materials from China like the pharmaceutical, electronics and automobile industries.</span><br />'' <span style="color: #222222;"><br />''<br />''Minister also said that a Committee has been formed by the Department of Pharmaceuticals under the Chairmanship of Joint Drugs Controller General of India (DCGI) to regularly review the availability of stock of API (Active Pharmaceutical Ingredients)/KSMs (Key Starting Materials) and API based medicines, and to suggest and enable suitable and appropriate measures for their management.</span><br />
News On AIR | March 11, 2020 2:36 PM
Indian Missions abroad asked to explore possibility of sourcing raw material for production: Piyush Goyal