World

India Likely To Replace West In Russian Pharmaceuticals Market, Says Report

By
OB Bureau

Moscow: Russian envoy to India, Denis Alipov, said on Friday that Indian pharmaceutical companies may replace Western manufacturers leaving the Russian market.

“The withdrawal of many Western companies from the Russian market and those niches that have been vacated may actually be occupied by Indian companies in many industries, in particular, in pharmaceuticals,” Alipov was quoted as saying by Rossiya 24 broadcaster, reported Sputnik news agency.

According to the newly appointed Russian envoy, India is a “world pharmacy” and a leading manufacturer of drug copies that are no worse than the original. The Vaccine Maitri initiative from India last year reinforced its credentials as the “pharmacy of the world”.

Alipov had said earlier this month that Moscow has welcomed India’s independent foreign policy amid the Russia-Ukraine conflict.

“Prime Minister (Modi) and the Indian leadership meet the consistent independent policy of the state in international affairs. We have repeatedly stated that we have welcomed the independent foreign policy of India and strengthening its role and its influence in the international arena,” Alipov was quoted as saying by news agency ANI.

ALSO READ: Biden Appoints Indian-American Puneet Talwar As New US Ambassador To Morocco

OB Bureau

Recent Posts

Thalassemia & Sickle Cell Patients Stage Dharna For Blood Transfusion Centre At MKCG Hospital In Odisha’s Berhampur

Berhampur: Hundreds of thalassemia and sickle cell patients on Tuesday staged a demonstration demanding a…

November 26, 2024

Samantha Ruth Prabhu Was Labelled ‘Second Hand’, ‘Used’ After Divorce With Naga Chaitanya

Mumbai: Actress Samantha Ruth Prabhu and her ex-husband actor Naga Chaitanya have moved on after…

November 26, 2024

Amid Divorce Rumours, Aishwarya Asks Women To Never Compromise On Their Worth [Watch]

Mumbai: Amidst rumours of their divorce, Bollywood queen Aishwarya Rai asked women to stand up…

November 26, 2024

Prime Minister Modi To Participate In Roadshow On Arrival In Bhubaneswar

Bhubaneswar: Prime Minister Narendra Modi will participate in a roadshow on his arrival at Bhubaneswar…

November 26, 2024

How Custody Battle With Elon Musk Left His Ex-Girlfriend Grimes ‘Bankrupt’

New York: Elon Musk, father of 12 children with different partners, has led an eventful…

November 26, 2024

Vigilance Apprehends College Principal While Taking Rs 1 Lakh Bribe In Odisha’s Nayagarh

Bhubaneswar: Vigilance has apprehended a college principal while taking a bribe of Rs 1 lakh…

November 26, 2024

FIR Against ‘Pushpa 2’ Actor Shri Tej For Cheating & Exploiting Woman

Mumbai: Ahead of the release of Allu Arjun's highly-anticipated ‘Pushpa: The Rule’, one of the…

November 26, 2024

Odisha Govt Rejects IAS Officer Sujata Karthikeyan’s Leave Extension Application

Bhubaneswar: The Odisha government has rejected the application of IAS officer Sujata R Karthikeyan for…

November 26, 2024