Try GOLD - Free

Small drug firms under watchdog's quality lens

Mint Bangalore

|

March 20, 2025

India's standards watchdog for drug manufacturing will start random checks of small drugmakers' plants by the end of this year, according to two officials aware of the matter who spoke on the condition of anonymity.

- Priyanka Sharma

Small drug firms under watchdog's quality lens

The Central Drugs Standard Control Organization (CDSCO), headed by the Drugs Controller General of India (DCGI), will do the checks to review the compliance status of MSME drug firms' good manufacturing practices (GMP), the people added.

"Right now, DCGI is still getting applications as the deadline is open," the first official said. "Only after the deadline will the government conduct random checks at these MSME drugmakers to verify whether they are meeting GMP requirements or not. Strict actions including notices and cancellation of licence will be taken against the manufacturers found non-compliant."

"This exercise would be done at the end of this year, but how this plan would be executed is yet to be designed," the second official cited above said. "State governments may be roped in." Notably, this January, the Centre extended the deadline to 31 December 2025 for micro, small and medium enterprises (MSMEs) to upgrade their facilities, with the previous deadline ending on 31 December 2024.

MORE STORIES FROM Mint Bangalore

Mint Bangalore

NCLT permits rejig at Flipkart

NCLT has approved merger of eight Flipkart entities, taking it closer to an IPO.

time to read

1 min

December 18, 2025

Mint Bangalore

Mint Bangalore

IBM India, WM Global expand office footprint in Bengaluru

IBM India Pvt. Ltd and WM Global Technology Services India Pvt. Ltd have signed large office lease deeds in Bengaluru, in two separate transactions, as global technology majors continue to expand their real estate office footprint in the country.

time to read

1 mins

December 18, 2025

Mint Bangalore

Mint Bangalore

I Squared-backed Polaris eyes IPO, plans global expansion

Amid the rapid rollout of smart meters and reforms in the power distribution sector, Polaris Smart Metering is looking to expand its business by offering technology solutions to other smart metering companies, scale up its international presence, and explore a public listing of its shares in India.

time to read

2 mins

December 18, 2025

Mint Bangalore

Mint Bangalore

Punjab plans EV sops in new industrial policy as states compete for capital

The electric vehicles (EV) sector is expected to take centre stage in Punjab, as the state lines up an expanded package of incentives to attract fresh investments under the new industrial policy that is likely to be launched in January.

time to read

2 mins

December 18, 2025

Mint Bangalore

Should you invest yourself or let professionals do the job for you?

Ask whether your performance as a fund manager is superior on the basis of an objective assessment

time to read

4 mins

December 18, 2025

Mint Bangalore

India summons B'desh envoy over security concerns in Dhaka

India on Wednesday summoned Bangladesh envoy Riaz Hamidullah and lodged its protest over plans by certain extremist elements to create a security situation around the Indian mission in Dhaka.

time to read

1 min

December 18, 2025

Mint Bangalore

MoEngage's Series F swells to $280 mn

Customer engagement platform MoEngage has raised an additional $180 million as part of its Series F funding round led by ChrysCapital and Dragon Funds, with participation from Schroders Capital, it said in a statement on Wednesday.

time to read

1 min

December 18, 2025

Mint Bangalore

THE BUSIEST YEAR ENDS WITH 344 IPOS, BUT HALF THE LISTINGS ARE UNDERWATER

The Indian primary market has been unusually active.

time to read

3 mins

December 18, 2025

Mint Bangalore

Mint Bangalore

Suzlon and India's new wind energy order

died in 2022), but his influence remains embedded in the company's culture.

time to read

2 mins

December 18, 2025

Mint Bangalore

Mint Bangalore

MUFG eyes 20% in Shriram Fin for $5 bn

Shriram Finance's board will also mull fundraising routes such as a rights issue, preferential allotment or QIP

time to read

2 mins

December 18, 2025

Listen

Translate

Share

-
+

Change font size