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ETV Bharat News - Business - News Image
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BusinessApr 09, 2026 06:29 PM

India's Pharma Industry Hit By Raw Material Shortage Amid US-Israel-Iran Conflict

Indore: India's pharmaceutical sector is facing a slowdown due to the ongoing conflict between the United States, Israel, and Iran. Apart from petrol and LPG gas, the war has led to an increase in the prices of raw materials used in drug manufacturing as well, particularly those sourced from China. The cost has gone up between 40% and 100%, which is expected to disrupt supply chains. According to JP Mulchandani, President of the Basic Drug Dealers Association, Indore, the Indian pharmaceutical ...Read More >

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