Miscellaneous - This Day That Age   

dated December 3, 1958: Drug production

The Minister for Industry, Mr. Manubhai Shah, said in the Rajya Sabha on December 2, that the report of the Soviet experts on the setting up of drug industries was under the consideration of the Government and a decision was likely to be reached soon. Mr. Shah said that the Soviet Government had offered 80 million roubles to cover the foreign exchange requirements of all the five plants that they had recommended. The Hindustan Antibiotics of Pimpri was already producing 40 million mega units of penicillin while other private manufacturers were producing 30 million mega units compared to the Indian demand for 60 million mega units. The Pimpri factory had also entered into collaboration with an American firm for producing streptomycin.

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