STOCK MARKET BSE NSE

No shortage of Hydroxychloroquine in India, reassures IDMA Gujarat Chairman

Viranchi Shah, Chairman, Indian Drug Manufacturers' Association, Gujarat chapter said, that India holds almost 70 per cent global capacity of manufacturing HCQ.

Published: 24th April 2020 09:53 AM  |   Last Updated: 24th April 2020 09:53 AM   |  A+A-

hydroxychloroquine

Image used for representation.

By ANI

AHMEDABAD: The Chairman of Indian Drug Manufacturers' Association, Gujarat chapter has asserted that there is no shortage of Hydroxychloroquine in India and the country's current production of HCQ is 35 to 40 crore tablets a month.

Viranchi Shah, Chairman, Indian Drug Manufacturers' Association, Gujarat chapter said, "Our current production capacity of Hydroxychloroquine is 35 to 40 crore tablets a month. This is 10 times more than our requirement. There is no shortage of HCQ in India."

He continued saying that India holds almost 70 per cent global capacity of manufacturing HCQ.

ALSO READ: ICMR launches study on side effects of hydroxychloroquine

"Before this COVID-19 situation came into the picture, HCQ was traditionally used for treating Malaria and certain arthritis conditions. If we see the last year's consumption, the total consumption of HCQ in India was about 2.4 crore tablets. Compared to that our current production capacity is almost 34-40 cr tablets a month," said Shah.

"India is one of the leading manufacturers in pharmaceuticals. We export medicines to almost every country globally. Even during the lockdown with support of the Modi-government, we have been able to maintain the manufacturing and supply of the medicines. We are also in the position to cater to the international demands of medicines," he added.

ALSO READ: India supplies hydroxychloroquine to 55 coronavirus-hit countries

Shah said that initially, that they were facing problems regarding the travel of their company employees. However, the government addressed this promptly.

"We have a limitation of workers but this is not a major crisis, the industry understands how to focus on essential medicines first," said Shah.

The government has already made a pool of almost 10 crore tablets with them so that in the eventuality of a spike we have a pool of 10 crore HCQ tablets available within India which is sufficient to treat 20 lakh COVID patients, he added.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp