Download the ETPharma App and get the Realtime updates and Save your favourite articles. The price of the bulk drug, or active pharmaceutical ingredient (API), in paracetamol has more than doubled in recent weeks-from about ₹220-240 per kg earlier to ₹550-600-driven by shortages of critical inputs and energy sources. "The API industry is facing a double crisis. While domestic suppliers have jacked up prices, many suppliers from China have also increased their raw material prices," said Yogin Majmudar, chairman of the Bulk Drug Committee at the Indian Drug Manufacturers Association (IDMA). This in turn is impacting API manufacturers and pharma companies.Rising freight and raw material costs are prompting even large companies to closely monitor supply chains, even as they say the impact is manageable for now.

Source: Economic Times March 25, 2026 17:43 UTC