Cybex Exim Solutions Pvt Ltd articles
Global demand’s recovery from the COVID19 outbreak saw Indian exports rise by 46% from a year earlier in August 2021. Beneath this recovery lies perhaps the most demanding shipping and logistics crisis in modern supply chains history. Shipping rates have skyrocketed 300% from the pre-pandemic levels. Drewery Shipping says that the cost for transporting a 40ft container from Shanghai to Rotterdam is now $14,047, up 632% from last year. With further increase expected, rising
Despite the pandemic and global trade hurdles, Indian pharmaceutical companies continue to be a dominating player in the international pharmaceutical export market. India is the third-largest pharma exporter in the world. Supported by Pharmexil(Pharmaceutical Promotion Council of India), the Indian pharma industry recorded an increase of 18.7% in 2021, to rise to $24.4 Billion, the highest jump in more than eight years. The increase of the previous year was lodged at about 7