India's API Firms Buoyant But Big Generic Cos See US-Led Swings

Repatriation Of APIs Likely?

Leading Indian API firms are on a firm earnings footing and the evolving dynamics amid COVID-19 augur well for the segment, a new study by an Indian firm indicates, but notes that large cap generic firms in the country have seen sharp revenue growth swings over the decade.

Holding_Arrow — Sturdy Earnings For Indian API Firms • Source: Shutterstock

Potential realignment in manufacturing dynamics for active pharmaceutical ingredients (API) against the backdrop of the COVID-19 outbreak is seen sustaining the buoyant earnings trajectory of leading Indian firms in the segment, at least going by the projections of some experts.

A new analysis by the Indian investment banking and consulting services firm Candle Partners notes the continued striking performance of the Indian API firms that formed part of the study...

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