THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Saturday, May 19, 2001

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Industry

Pharmaceuticals
Chemexcil sees bright export prospects for pharma sector
THE Basic Chemicals, Pharmaceuticals & Cosmetics Export Promotion Council (Chemexcil) has set an export target of Rs 24,000 crore for pharma products in 2006-07 and it expects that the domestic industry will gain as a number of important drugs are going off the patent list during the next few years.

Textiles
Threat of high NPA levels -- Textile processors seek debt relief fund
MEMBERS of modern textile processing industries, disconcerted at the continued non-performing assets (NPA) problem haunting most independent processors, favour the Government instituting a separate debt relief fund for processing industries, on the lines of the Sri Lankan Government model for the textile industries debt relief fund.


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