China major supplier of APIs to Indian pharma companies

PTI Dec 16, 2012, 11.51AM ISTNEW DELHI: Indian pharmaceutical industry imports majority of active pharmaceutical ingredients (APIs) and intermediates worth billions of dollars from China.According to the official data, till February 2012 (2011-12), total imports of APIs and intermediates from various countries stood at $3.07 billion, of which imports from China stood at $1.65 billion.