Tuesday, May 13, 2008

OTC drugs sale on rise @ 10% : ASSOCHAM

by Jo Black

Higher medical professional charges coupled with excessive desire for self-medication and increasing faith in traditional ayurvedic medicines, India’s over the counter drug sale has grown around 10% in the last 2 years, leaving USA and China much behind, where OTC drug sale is estimated at 4% to 5% respectively.
The above findings are arrived at [...]

Monday, May 12, 2008

India’s cement industry facing huge rise in input cost, says AEP

by Jo Black

India’s Cement industry facing the charges of cartelization, has borne a sharp rise of 42 per cent in its raw material cost in the fourth quarter of fiscal 08 even as the wholesale prices of cement surged by 8.5 per cent during this period.
As the inflationary pressures across commodity segments have gripped the economy, [...]

Indian government favors technology to cut T&D loss

by Jo Black

The government’s target to install additional capacity of 78,577 MW during the Eleventh Plan offers huge opportunity to manufacturers of power equipment, said Mr Anil Razdan, Secretary, Ministry of Power, Government of India at National Seminar on Control Instrumentation & Automation for Innovating Power Sector, organized by Confederation of Indian Industry, in New Delhi.
Mr [...]