Pharma group seeks relaxation of export restrictions for committed orders

Bhaskar explained that some of the orders for institutional supplies mandate the supply of all items committed in their contracts.

A group representing India's pharmaceutical industry has asked the government to relax Tuesday's export restrictions on 26 drugs and active pharmaceutical ingredients (APIs) used in those formulations. 

The Pharmaceutical Export Promotion Council of India (Pharmexcil), which works under the Commerce Ministry, has requested the Director General of Foreign Trade (DGFT) to allow export of drugs manufactured before the goverment notified the restrictions, those meant for exports only and goods lying at ports.

Explaining the concerns and challenges being faced by the exporters in the light of these export restrictions, Pharmexcil director-general Udaya Bhaskar said, "the exporters and manufacturers will face