SME Times is powered by   
Search News
Just in:   • Indian markets trade higher despite West Asia tensions  • Corporate lending grows at fastest pace in Q1: BOK  • Adani Ports secures 10-year marine services for Argentina's 1st LNG export to India  • Indian auto industry sees best-ever May retail sales at over 25.3 lakh units  • Sensex, Nifty open 1 pc lower amid West Asia tensions, weak global cues 
Last updated: 27 Sep, 2014  

Rahul.9.Thmb.jpg Bar-coding of drugs to ensure safety, boost exports: Khullar

barcode
   Top Stories
» Indian markets trade higher despite West Asia tensions
» Sensex, Nifty open 1 pc lower amid West Asia tensions, weak global cues
» India clocks robust 7.7 pc GDP growth in 2025-26, Q4 growth at 7.8 pc
» RBI keeps repo rate unchanged at 5.25 pc, maintains ‘Neutral’ stance
» Crude oil prices fall over 1 pc as ceasefire hopes ease West Asia concerns
SME Times News Bureau | 16 Aug, 2011
There is an urgent need to roll out track and trace bar-coding technology in the Indian pharmaceutical sector, which will not only help boost exports but also assure buyers in the country that the drugs they are buying are top-quality, Commerce Secretary, Rahul Khullar said today.

"Certification can help vouch for quality of goods being traded, which allows markets to function effectively and bar-coding provides that critical certificate," Khullar said at a conference-cum-exposition on "Track and Trace Bar-Coding Technology for Pharmaceuticals" organized by the PHD Chamber in New Delhi.

The Commerce Secretary said there are three reasons why bar-coding is critical to Indian pharma industry.

A critical component of the Indian pharma sector, he said, is safety. "We have to be able to assure buyers (within the country and abroad) that the medicines they are buying are world-class; introduction of bar-coding can ensure genuineness of the product," he said.

Also, in a country like India, medicines have to be affordable. "We have been able to ensure that. But since medicines are cheap, it is also easy and cheap to imitate them. So, it is important to ensure that not only are drugs cheap, but they are also genuine," Khullar added.

India currently exports over USD 9 billion of drugs. The government wants to increase that figure manifold in the next few years. There is a big market for generics in the developed world. But the only way Indian pharma can tap the market is by ensuring quality. "Bar-coding will ensure quality and protect our reputation," the Commerce Secretary said.

Admitting that enforcement of legislation to check counterfeiting was tough, Khullar said track and trace bar-coding will make even ordinary buyers "enforcers". "A customer can buy a drug, SMS the bar code on the pack to the manufacturer and instantly know if the drug is genuine," he explained.

Khullar also urged the pharma industry, which "has a huge social responsibility", to adopt the bar-coding technology voluntarily.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹94.2
₹92.5
UK Pound
₹128.85
₹124.8
Euro
₹112.2
₹108.45
Japanese Yen ₹59.85 ₹58
As on 06 May, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter