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In a booster dose, pharma industry gets 'green' signal in New Year

Drug makers allowed to tweak product mix or quantity without fresh environment clearance until effluent load is same

Shine Jacob & Sohini Das  |  New Delhi/Mumbai 

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 ...

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First Published: Thu, January 02 2020. 01:47 IST
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