In the last few decades, global trade grew enormously with huge amounts of component goods produced across different locations, transported from around the globe and finally assembled together at one location. Such global value chains made it possible for MNCs to manufacture goods through the ‘just-in-time’ model which relied largely … Continue reading
The Coronavirus (COVID-19) outbreak has been a black swan event for our generation forcing companies to go back to the drawing board across continents for ensuring business continuity. It has affected businesses operationally, monetarily and even impacted lives of employees personally. As we brace ourselves for life after the lockdown, … Continue reading
The Indian pharmaceutical companies have been betting big on biosimilars for quite sometime in hopes to cash in on the potentially huge market. In 2017, the Indian biosimilars market was worth $2.2 billion and by 2030 it is expected to be worth $35 billion. As per CPhI’s bio league tables 2019, the … Continue reading
In 2018, the enzyme market was valued around $10.48 billion globally and it is expected to grow at a compound annual growth rate of 8.9 percent by 2025. The increasing demand of enzymes in applications like biotechnology, research, diagnostics, textile, and home and personal care are the key driving factors … Continue reading
The elephant dances while the dragon snores For the last couple of years, the chemical industry in China has been undergoing a massive makeover. To shed its image of a big polluter, China is implementing a comprehensive sustainability action plan with its chemical industry at the center to turn this … Continue reading