Which of the following town of Himachal Pradesh is known as API hub of India?

March 15, 2021

Daily Current Affairs Quiz 15 March 2021

Which of the following town of Himachal Pradesh is known as API hub of India?

A. Shimla

B. Dharamshala

C. Mandi

D. Baddi

Explanation:

The prices of raw materials, known as active pharmaceutical ingredients (APIs) or bulk drugs, have grown multifold since November. The same trend was seen in April last year, when several Chinese units and trade corridors shut down due to the Covid outbreak. According to Baddi-based pharmaceutical firm Ultra Drugs, the prices of Enzyme rutoside, which is used in making formulations to relieve pain and inflammation, have gone up from Rs 1,700 per kg to Rs 5,500 — a jump of 223 per cent. Baddi in Himachal Pradesh is known as the hub of API or bulk drugs and generic drug production in India.