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Saurabh Tyagi--Clovek,Advisory

25th Feb 2025 · SEBI-Registered Analyst

Indian drug makers likely to stay competitive despite planned tariffs
DRREDDY

Indian drugmakers, including

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are confident about maintaining competitiveness in the generic drugs market despite potential U.S. tariffs on pharmaceutical imports.
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MD, GV Prasad, stated that Indian firms are awaiting more details on the tariffs but emphasized that shifting pharmaceutical production to the U.S. is impractical and would increase costs, keeping Indian and Chinese companies competitive.

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