Pharma || Hospitals || Diagnostics : Industry perspective

[Dr.Midhun]

@Dr.Midhun

It seems like we may witness higher freight rates in the coming days and this in turn can cause margin erosion of API exporters. Innovators having multiple sources may prefer near sources than far ones due to supply chain constraints and higher freight costs.

Petro related solvent prices have gone up significantly along with logistics issues.

@Dr.Midhun

Satyanarayana Chava - "We have very long term commitments with global pharma & WHO like agencies so we have challenges to pass it down to customers but because of our scale, we’re able to manage the impact much better than many other companies.

Challenge came especially in solvents where petro driven solvent’s prices went up significantly, coupled that with logistics challenges coming from China, we have some impact but managing very well"