Cipla in talks to add new customers for its China factory, executive says
India's third-largest drugmaker by sales started operations at its factory making inhalation respule products, opens new tabin Jiangsu province, eastern China, in 2024 to supply the U.S. market.
"Sometimes we face capacity restrictions ... so they (customers) do approach us whether we can handle the supplies," Deepak Hegde, Cipla's general manager for China, told Reuters.
He said the company was in talks with "at least two or three different countries", for product shipments from China and those discussions began around six or eight months ago.
He declined to say how much it had supplied to the United States from the Chinese manufacturing site or name the other countries it was in discussions with.
The Chinese site can produce about 55 million units annually of products used in inhalers, Hegde said.
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Daily Mail
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By One in 10 cars sold in Britain last month were made in China, latest figures from the Society of Motor Manufacturers and Traders show. In the past week, three car makers hailing from China have announced they will launch in Britain. But this new period of automotive brings a lot to debate - price wars, the threat of cheap EVs, and security issues for starters. And another gripe people have with new Chinese car makers is many aren't actually car makers. Instead, many are tech brands masquerading as car companies. As opposed to legacy European brands like Audi, Mercedes-Benz and Volkswagen, these new Chinese companies don't have automotive histories going back over a hundred years. Instead many of them have technology-based roots or in some cases, even more unusual beginnings. We've dug into the pasts of four of China's automotive powerhouses to get to know them a bit better. 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