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Aurobindo Pharma to reduce raw material imports from China
short by Ananya Goyal / on Sunday, 10 July, 2022
India's second-largest pharmaceuticals firm Aurobindo Pharma is planning to significantly reduce raw material imports from China to mitigate the risk of supply chains disruptions. It currently procures around 55% of its material from China. The company is also planning to shift the manufacturing of some of its pharmaceutical formulations from India to a newly built facility in China.
read more at Moneycontrol