| |APRIL 202219a strong bulk drug industry as its major strength. The industry has come a long way since then when it was heavily reliant on API export from Europe. For private equity managers & global bulge-bracket investors, the Indian API sector is now a sought-after investment destination, while the pandemic has been reshaping the sector's fortunes & boosting valuations.Compared to 2020, the API sector has seen 3x increase in investments in the year 2021. Furthermore, three private equity-led investment platforms have been developed particularly targeting the API sector, while at least six transactions are in different stages of negotiations, as per the bankers & fund managers.A Move to Specialty & Green API ProductionThe Indian API manufacturers find themselves with an opportunity to add value to their portfolios since the country is aiming to increase its global share of the API market. While the major focus has been the shift to embrace green chemistry, Research & Development in the API space has observed the building of novel synthetic routes for developing more efficient as well as environmentally friendly alternatives. Since more sustainable approaches are being demanded by green chemistry and flow chemistry markets and regulations, the concepts of `flow chemistry' and `green chemistry' have gained more significance."The government of India takes a very strict stance on environmental grounds and we embrace this strictness because it is motivating us to undertake actions to create new technologies and to operate an effective R&D that is recognized by the DISR (Department of Scientific and Industrial Research)", says Arun Doshi, Chairman, & Managing Director at Surya Lifesciences.While there is a myriad of opportunities presenting themselves in the API markets since manufacturers look to add value from green/specialized products, there has also been a trend of formulation companies coming into API production & vice versa. And this is expected to make sure greater security across the industry and this move will most likely create more value within the country's pharmaceutical industry and add to its vision of becoming a more specialized and customized industry. SINCE MORE SUSTAINABLE APPROACHES ARE BEING DEMANDED BY GREEN CHEMISTRY AND FLOW CHEMISTRY MARKETS AND REGULATIONS, THE CONCEPTS OF `FLOW CHEMISTRY' AND `GREEN CHEMISTRY' HAVE GAINED MORE SIGNIFICANCE
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