The Indian government is actively engaging domestic producers, including Assam Petro-Chemicals Limited and Gujarat Narmada Valley Fertilizers & Chemicals Limited, to secure a steady supply of methanol for the pharmaceutical sector amid ongoing disruptions in West Asia.
Methanol, a critical solvent in drug manufacturing, has emerged as a key concern as global supply chains face strain due to geopolitical tensions. Officials confirmed that discussions are underway to ensure adequate availability, with both companies prepared to supply required quantities while logistics and distribution networks are being strengthened.
Initial supplies have already begun at a moderate pace, with the government working to stabilise the broader supply chain of pharmaceutical inputs, including solvents and active pharmaceutical ingredients (APIs).
Despite these challenges, authorities noted that drug prices have remained stable so far. To further support the industry, customs duties on several petrochemical inputs have been reduced to zero, ensuring continued production of essential medicines and mitigating the risk of shortages.