Drug exporters wary of tension between India\, Pakistan

Drug exporters wary of tension between India, Pakistan

Press Trust of India  |  Hyderabad 

: In the wake of escalated tension between and Pakistan, Indian exporters of are apprehensive of their future.

According to a top of the Export Promotion Council, a body under the Ministry of Commerce, the agency was flooded with inquiries if there was any directive from the ministry on the continuance of exports to the neighbouring country.

The Indian companies exports over USD 140 million to with 50 per cent active ingredients (API).

"There are inquires from the exporters whether they can continue to supply or not. At this point of time, exporters are very cautious. There is a concern over the future, but as of now we are not in a position to say anything. We need to wait and watch," director general of told PTI.

A company, which exports to Pakistan, said the firm was observing restraint under the current

A of a city-based pharma company said as there was tension between both the nations, exports may become costlier to some of the in the as cargo and passenger flights need to avoid Pakistani skies and take a detour.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 27 2019. 16:15 IST