Generics India may have emerged as a key supplier of generic and affordable medicine for the world market, its overwhelming dependence on China for a crucial raw material, or active pharmaceutical ingredient (API), to the extent of over 65% of the requirement, has emerged as a main worrying area, an ASSOCHAM (The Associated Chambers of Commerce & Industry of India) and business management consultancy RNCOS joint paper has noted. 19 October 2016