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The Economic Times

Economy / The Economic Times

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Pharma exports fall to five-year low in March amid West Asia crisis

India's pharma exports saw a sharp 23.17% fall in March. The West Asia war disrupted shipping routes and air transit hubs. This led to increased freight costs and potential losses of 2,500-5,000 crore. Despite strong growth earlier in FY26, the conflict impacted crucial transit points like Dubai and Abu Dhabi. This affected the flow of vital medicines to global markets.

17 Apr 2026 12:58 am