The impact of the Iran war has now directly reached India’s medicines. After raw materials, now the impact of commonly needed medicines like Paracetamol, Amoxicillin, Metformin and Azithromycin is being seen in the market. The association said, ‘These are the medicines which lakhs of patients take every day for fever, diabetes, infection and respiratory diseases.’
Pharma organization sent emergency report to the government
The Federation of Pharma Entrepreneurs has also written an emergency letter to the Central Government warning that if intervention is not taken now, there could be a huge shortage of essential medicines in the country. According to the FOPE letter, the price of active pharmaceutical ingredients i.e. APIs (raw materials) has increased from 20% to 60% in just 8-9 days. Along with this, the supply of chemical solvents and intermediates used in making medicines has also become irregular due to which the production is being affected.
Not only the raw material, the prices of packaging materials like PVC compound, bottles, film, alu-alu and foil have also increased manifold. FOPE says that this has made the existing production contracts loss making deals.
Amidst the crisis, Indian ship Shivalik reached Mundra Port
Amidst this crisis, Indian ships have returned safely after crossing the Strait of Hormuz, which is a news of great relief. Yesterday (17 March 2026) the Indian ship Shivalik arrived at Mundra Port carrying about 46,000 metric tonnes of LPG, which is equivalent to about 3.24 million domestic gas cylinders. Today at 2:30 am, the second ship Nanda Devi reached Vadinar Port in Gujarat with 46,500 metric tons of LPG.
According to reports, India had deployed two warships near the Strait of Hormuz to protect Indian ships and Iran allowed these Indian ships to pass safely.
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