The domestic pharmaceutical industry may have to increase prices for US market products due to a potential 200% import tariff imposed by the Trump administration.
Indian pharma companies are concerned about the impact as the US market accounts for a significant portion of their revenue.
The imposition of high tariffs could lead to cost increases for Indian companies and potentially affect export growth and profitability.
Indian pharmaceutical companies supply a substantial proportion of drugs to US residents, with potential tariff changes impacting healthcare costs and shortages.