Govt to impose minimum import price on pharma materials: Report

Shristi Acharya, Published on Jul 23rd, 2025

Govt to impose minimum import price on pharma materials: Report

The Centre is planning to impose a Minimum Import Price (MIP) on 10 key pharmaceutical raw materials to support domestic pharma industry and reduce dependency on China, a report stated. The critical components are mostly the ones used in antibiotics and cholesterol-lowering drugs. These raw materials are among the 41 identified under India’s Production-Linked Incentive (PLI) scheme.

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