ReferIndia News Indian Pharma Exporters Face ₹5,000 Crore Loss as Freight Charges Surge Due to US-Iran Tensions

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Indian Pharma Exporters Face ₹5,000 Crore Loss as Freight Charges Surge Due to US-Iran Tensions

Published on: March 6, 2026, 11:16 a.m. | Source: scanx.trade

Indian pharmaceutical exporters are facing a potential ₹5,000 crore loss due to increased freight charges resulting from US-Iran tensions. The industry is encountering surcharges of $4,000-$8,000 per shipment, significantly raising logistics costs. The impact is particularly severe for drugmakers who rely heavily on Gulf and West Asia markets for their export business.

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