Moneycontrol Be a Pro
Get App
Last Updated : Jun 03, 2019 07:03 PM IST | Source: Moneycontrol.com

Reporter's Take | GSP withdrawal may hit US margins of Indian drug companies

In this episode, Vaibhavi Khanwalkar joins Viswanath Pilla to discuss how this withdrawal will affect Indian drug companies.

Moneycontrol News @moneycontrolcom

The Trump administration on March 5 scrapped preferential trade treatment for India. This will impact Indian exports worth $5.6 billion. The withdrawal of duty benefit that accounts for roughly 3.4 percent of designated exports will take 60 days to be implemented and hit India’s export competitiveness in engineering goods, chemicals and pesticides sectors.

In this episode, Vaibhavi Khanwalkar joins Viswanath Pilla to discuss how this withdrawal will affect Indian drug companies.

Watch the video for more.

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Jun 3, 2019 07:03 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant