India PM Urges Pharma To Learn Much From China About Competition
This article was originally published in PharmAsia News
Executive Summary
India's prime minister says Indian companies, including members of its pharmaceutical industry, could learn a lot from China about how to compete and cooperate in the business world. Manmohan Singh made his remarks in response to pressure from Indian industries to intervene to remove some trade barriers. Singh said Indian business in general is ready to compete in the global world and that as a part of that world, China could serve as an example. The head of the Confederation of Indian Industry raised in a business-delegation meeting with Singh the issue of trade-related barriers that have an impact on the Indian drug industry, such as treatment of generics in China. (Click here for more