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India's Western medicine exports rank first in the world, and 85% of the APIs rely on Chinese imports, why can't China compare

author:Scout Ice
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As our neighbor of China, India has always taken our China as an example to develop. Over the years, we have heard countless Indians imitate China's development, but eventually become a joke. However, let us not forget that India is still a very powerful country in the world, and is at the top of the world in many fields, such as the electronics industry, and then the export of Western medicine, which is one of the best in the world. It is understood that 85% of the raw materials of Indian Western medicine come from the mainland, and the export of Western medicine is the first in the world, why is China, as a big country of APIs, better than India?

India's Western medicine exports rank first in the world, and 85% of the APIs rely on Chinese imports, why can't China compare

In the pharmaceutical industry, although the quality and output of the mainland are higher than those of India, India's export volume is incomparable to that of the mainland, and far exceeds that of China, ranking first in the world all year round. According to statistics, India's annual export of drug sales can be as high as 25 billion US dollars, imported APIs need 7 billion US dollars, it is worth mentioning that more than 85% of the imported APIs are from China, the reason is that China's APIs are the world's highest quality and most affordable. In order to get rid of its dependence on China, India has also thought of reducing imports from China in recent years, looking for raw material suppliers extensively around the world, and gradually domestic apising raw materials.

India's Western medicine exports rank first in the world, and 85% of the APIs rely on Chinese imports, why can't China compare

It's just that in a few years, India has made little progress in finding other suppliers or localization. So the question is, since India is such a dish, can become the world's first in the export of Western medicine, then as the world's largest exporter of raw materials, why can't we surpass India to become the world's first?

India's Western medicine exports rank first in the world, and 85% of the APIs rely on Chinese imports, why can't China compare

This brings us to the distinction between the labor force in India and China. We all know that with the growth of China's scientific and technological strength, our labor costs and land costs are also increasing, and India's labor costs and land costs are extremely low compared to China, so this is why Apple, Foxconn and other companies have built factories in India. But even so, it is understood that the cost of producing APIs in China is still lower than that in India, that is to say, even if India has various advantages, the cost of producing APIs is still higher than that of China. This means that if India wants to get rid of its dependence on China's APIs, it must first reduce the cost of producing drugs, otherwise it will never be able to get rid of them.

India's Western medicine exports rank first in the world, and 85% of the APIs rely on Chinese imports, why can't China compare

Why does China have the lowest cost of producing APIs? That's because China's supply chain is very strong. The first is that China has a deep achievement in the field of machinery manufacturing, so China's pharmaceutical machinery and equipment are very advanced, and the production chain is also complete. The second is that China has done 10,000 times better than India in land planning, environmental approval and water and electricity support, and India cannot even acquire land for the construction of high-speed rail, let alone these. In addition, there are more than 100,000 people with mature skills in China's chemical industry, who have more work experience and are more responsible than Indian employees.

India's Western medicine exports rank first in the world, and 85% of the APIs rely on Chinese imports, why can't China compare

Having said so much about China's advantages, why can't we surpass India? The reason is that India's generic drug capabilities are particularly strong. And there are many Western countries that are willing to share the prescription with India, let India pharmaceutical, they buy. First, Western countries do not pursue Indian generic drugs, and second, India's own countries also support doing so. Therefore, most Western countries buy Indian Western medicine, and the quality is guaranteed, because it is their own prescription. And we in China do not have the medicines they give, and all Western medicines can only be studied by ourselves. However, in the end, it can only be said that our strength is not hard enough, if we really develop better drugs, even western countries do not have drugs, then our Western medicine exports will definitely surpass India and become the world's first.

India's Western medicine exports rank first in the world, and 85% of the APIs rely on Chinese imports, why can't China compare

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