India blocks chemicals import from Pakistan

[tallboy123]

You seriously need more exposure to the industry !

I am referring to industrial chemicals.

Read the first bolded part of the article

 

[tallboy123]

“Strong demand for certain Pakistani chemicals, particularly soda ash in Indian market also became a victim of protective trade barriers of Indian authorities looking for excuse to discourage imports from Pakistan,” a businessman told Dawn.

Industry sources revealed that the Indian authorities have announced to impose anti-dumping duty on imports of soda ash from Pakistan from March next.

Can soda ash be used to manufacture medicines Markus??

we were importing soda ash from pakistan because its cheap..
$1=45Indian rupees
$1=86 pakistani rupees
so we were importing it from pakistan,not because we can't manufacture..
And don't worry,now Import of soda ash from pakistan has banned so it will be manufactured in in indian only

 

[Markus]

Can soda ash be used to manufacture medicines Markus??

Its not just limited to soda ash, instead its just one of several other items.

The article is very limited in nature. You will need to scan the net to find out more. The article is not exhaustive.

 

[tallboy123]

Its not just limited to soda ash, instead its just one of several other items.

The article is very limited in nature. You will need to scan the net to find out more. The article is not exhaustive.

If ur doubting that we can't manufacture those chemicals u r wrong..

its the difference between pakistan and indian rupees
$1= 86 pak rupees but it 45 indian rupees..

So we were importing..
We have the best pharmaceutical companies..
Ranbaxy,
Dr.reddys
Cipla
Microlabs
Sun pharma
& Biocon
we export pharmaceutics to Europe US UK China etc..
Our majority of exports to china is pharmaceutics and medicines..


Our pharma companies comaprision with US
The Indian biotech sector parallels that of the U.S. in many ways. Both are filled with small start-ups while the majority of the market is controlled by a few powerful companies. Both are dependent upon government grants and venture capitalists for funding because neither will be commercially viable for years. Pharmaceutical companies in both countries have recognized the potential effect that biotechnology could have on their pipelines and have responded by either investing in existing start-ups or venturing into the field themselves.[36] In both India and the U.S., as well as in much of the globe, biotech is seen as a hot field with a lot of growth potential.



Pharmaceuticals in India - Wikipedia, the free encyclopedia

 

[hardcoreman]

we should import onion from them

 

[PRACTICAL PATRIOT]

we should import onion from them

we already are importing onions boy.
@ i think we should import as many raw materials as we can if we lack them in here, and export finished goods. thats what smart businessmen do.

 

[tallboy123]

The Indian pharmaceutical industry is the world's second-largest by volume and is likely to lead the manufacturing sector of India.[1] India's bio-tech industry clocked a 17 percent growth with revenues of Rs.137 billion ($3 billion) in the 2009-10 financial year over the previous fiscal. Bio-pharma was the biggest contributor generating 60 percent of the industry's growth at Rs.8,829 crore, followed by bio-services at Rs.2,639 crore and bio-agri at Rs.1,936 crore.[2] The first pharmaceutical company are Bengal Chemicals and Pharmaceutical Works, which still exists today as one of 5 government-owned drug manufacturers, appeared in Calcutta in 1930. For the next 60 years, most of the drugs in India were imported by multinationals either in fully-formulated or bulk form. The government started to encourage the growth of drug manufacturing by Indian companies in the early 1960s, and with the Patents Act in 1970

, enabled the industry to become what it is today. This patent act removed composition patents from food and drugs, and though it kept process patents, these were shortened to a period of five to seven years. The lack of patent protection made the Indian market undesirable to the multinational companies that had dominated the market, and while they streamed out, Indian companies started to take their places. They carved a niche in both the Indian and world markets with their expertise in reverse-engineering new processes for manufacturing drugs at low costs. Although some of the larger companies have taken baby steps towards drug innovation, the industry as a whole has been following this business model until the present.

 

[hardcoreman]

we already are importing onions boy.
@ i think we should import as many raw materials as we can if we lack them in here, and export finished goods. thats what smart businessmen do.

yes lets do it....

 

[Ignited Mind]

we already are importing onions boy.
@ i think we should import as many raw materials as we can if we lack them in here, and export finished goods. thats what smart businessmen do.

Exactly! That's what China does. That's what a smart businessman would do.

Import raw materials, export finished goods. We should in fact import as much raw material from Pakistan as we can. This will also help our industries grow.

 

[Nair saab]

Watever u say....

Still no transit route to afghanistan or central asia.

Wait till completion of Chabahar Port in Iran which is constructed with Indian help... more than half the business of gwadar will be lost...

@topic...The export may be banned due to some other local problems or else India has always welcomed trade with pakistan... I think pak should grant India MFN...Trade with India & pak will benefit both...even pak can get rid of cheap chinese good which it now has to buy with no options left ...trade with India will favour more to pakistan then to India...Cozz we have more number of potential buyers of our goods in neighboring & in undeveloped africa...

 

[Dalai Lama]

Gentlemen, we are in business!

But you forget that india needs more overland access over Pakistan than Bangladesh. So we still make more money and BD still saves more money in tax..

Pakistan does not have much to export towards northwest asia and it can take the sea route to BD as well..good luck to India in taxing Pakistan..

so its a win win..depends on which angle you look at it!

This is what we call business!

 

[DESERT FIGHTER]

@Nair sahab..... sir jee Gwadar is far more important stategically than chabahar port will ever be.... chabahar doesnt conect to M.E,Central asian states..... nor does it conect CAS to the warm waters.......... google abt the importance of gwadar.

 

[Nair saab]

@Nair sahab..... sir jee Gwadar is far more important stategically than chabahar port will ever be....chabahar doesnt conect to M.E,Central asian states

Iran plans to use Chabahar for transshipment to Afghanistan and Central Asia,
India, Iran and Afghanistan have signed an agreement to give Indian goods, heading for Central Asia and Afghanistan, preferential treatment and tariff reductions at Chabahar.
Work on the Chabahar-Milak-Zaranj-Dilaram route from Iran to Afghanistan is in progress. Iran is with Indian aid upgrading the Chabahar-Milak road and constructing a bridge on the route to Zaranj. India's BRO is laying the 213-kilometer Zaranj-Dilaram road. It is a part of its USD 750 million aid package to Afghanistan by India.

..... nor does it conect CAS to the warm waters.......... google abt the importance of gwadar.

The county of Chabahar has a warm humid weather in the summer and temperate weather in the winter. The monsoon winds in the summer and the western winds in the winter bring about scattered rainfalls in this region. The monsoon winds from the Indian subcontinent (in the monsoon season) make Chabahar the coolest southern port in the summer and the warmest part of Iran in the winter. It has an average maximum temperature of 34 ˚C and an average minimum temperature of 10.5 ˚C. It has the same latitude as Miami in Florida, USA, and weather conditions are very similar to those in Miami.
I dont if climate of pakistan is better than climate of maimi cozz its a good tropical climate there

 

[Evil Flare]

why did India gave Pakistan MFN status if it wants to play these Games ... Better take back ur MFN .

 

[justanobserver]

why did India gave Pakistan MFN status if it wants to play these Games ... Better take back ur MFN .

India gave MFN status hoping Pakistan would reciprocate (which didn't happen).

You don't give us a mere MFN status AND expect us to be fair??