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India Government Procurement Preference Norms – Rising Local Flavour

 
• By Anju Ghangurde

Increasing local content requirements have been stipulated in the public purchase preference norms for medicines in India. Backward-integrated Indian firms stand to gain but progressive localization requirements for drugs not made in India appear to be a tough ask.

Medicine
INDIA'S PUBLIC PROCUREMENT NORMS SEEK INCREASING LOCAL CONTENT • Source: Shutterstock

India has set out norms for the public procurement of medicines, providing preference to domestic manufacturers that use significant local content. Localization requirements move progressively upwards under the new requirements, including for drugs not made in India.

The new norms, notified earlier this month, specify that formulations made in India will need to ensure a minimum of...

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