Economy
India Initiates Anti-Dumping Investigation Into Penicillin G Imports From China
The Hindu1h
THE BRIEF
1
India initiated an anti-dumping investigation into imports of Penicillin G and its salt forms from China following a complaint by domestic manufacturer Lyfius Pharma.
2
Lyfius Pharma alleged that Chinese imports are causing material retardation to the domestic industry by forcing price reductions and preventing expected production levels.
3
The Aurobindo Pharma subsidiary manufactures the antibiotic at a 15,000-tonne Kakinada facility inaugurated in October 2024 with a 2,500 crore rupee investment under the production-linked incentive scheme.