India Mandates Pharmaceutical Companies to Adopt Global Standards
Recently, Government of India instructed all pharmaceutical firms to implement revised Good Manufacturing Practices (GMP), fostering India's role as a global hub for generic medicine production.
- The government issued the directive to bring the pharmaceutical manufacturing processes in line with global standards.
- Larger pharmaceutical companies with a turnover exceeding Rs 250 crore are required to implement the updated GMP within six months.
- Medium and small-scale enterprises with a turnover below Rs 250 crore have been given a timeframe of one year to make the necessary changes.
- This directive coincides with India's efforts to establish itself as a prominent global ....
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