“We are collaborating in the economic and energetic sectors as well as in science & technology, et al,”

On the enterprise side, Indian pharma firms have stolen the show. Ranbaxy, Dr. Reddy’s Labs, Aurobindo Pharma, Cipla, Core Health Care and Strides are currently operating in Venezuela. Recently, ONGC Videsh Ltd. entered into a MoU with PDVSA, the Venezuelan State Petroleum Company for crude oil. An agreement on co-operation in the field of hydrocarbons and a MoU in the area of biotechnology are some other major collaborations. “We are collaborating in the economic and energetic sectors as well as in science & technology, et al,” adds Bhojwani.

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Source:- IIPM Editorial

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