Almost entire requirement of raw material required for antibiotics is imported from China, which means that it controls the Indian market for antibiotics, the JSW Group chairman said in a statement.
India needs to strengthen domestic manufacturing capacity in various areas, including antibiotics, to reduce dependence on China, industrialist Sajjan Jindal said.
Almost entire requirement of raw material required for antibiotics is imported from China, which means that it controls the Indian market for antibiotics, the JSW Group chairman said in a statement.
"India should not become a victim to the Chinese strategy of incapacitating the critical sectors of our economy. It is high time the government acts on strengthening and expanding the manufacturing sector," he said.
In a country like India, where the population is large and consumption is huge, "we cannot become slave to Chinese dominance," he said, adding the country needs a firm policy to protect the manufacturing industry from such predatory tactics.
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