 "drug makers, pharma, pharma sector, pharma industry")
In what can be a game changer for the Indian pharmaceutical industry, the Ministry of Environment and Forests (MoEF) has cleared a proposal to allow drug manufacturers to tweak their product mix or raw materials used without a fresh environmental clearance as long as their pollution load remains constant. The move is expected to bring much sought-after relief for bulk drug makers, and the industry feels it can trigger fresh investments worth Rs 10,000 crore every year for the next few years.
According to government sources, a notification is expected soon. “Earlier, clearance was required for any change in raw
