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India's ₹14,500 Crore Pharma Exports Face Crisis as Iran-Israel War Halts Shipments
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Iran-Israel War Threatens India's ₹14,500 Cr Pharma Exports to Gulf
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News18
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07-03-2026, 11:48
Iran-Israel War Threatens India's ₹14,500 Cr Pharma Exports to Gulf
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Iran-Israel conflict now impacting India's crucial ₹14,500 crore pharma exports to Gulf countries.
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Shipping companies have halted consignments of medicines from India to Gulf nations and Iran, citing deteriorating situation.
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India, the 'Pharmacy of the World', exported $1.75 billion (5.58% of total pharma exports) to Gulf countries in FY 2024-25.
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Delhi-based pharma owner Lakshya Khanna reports shipments to Iran, a key transit point for Gulf, are stopped, causing potential massive losses.
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The prolonged halt could severely impact India's $30.47 billion pharmaceutical export sector, jeopardizing future growth.
Read Full Article on News18 in Hindi
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