Key Points
NEW DELHI: The ongoing war between Israel and Palestine is threatening to disrupt the Indian pharmaceutical industry by hindering exports to several countries in the Middle East and North Africa (MENA) region...
Pharma industry experts estimate that if the war continues beyond two weeks, it is likely to dent the flow of pharma exports to the region, and countries nearby...
The UAE, Qatar, Saudi Arabia, Egypt, and Bahrain are among countries in the region that are major destinations for Indian pharma products...
He said a protracted Israeli-Palestinian war would impact flight services to these countries and subsequently hit pharma exports from India...
While there are no major exports to the Gaza Strip, and Israel being self-sufficient with the presence of leading pharmaceutical companies like Taro and Teva, the MENA region may get severely impacted due to the war," said another expert...
