New Delhi, April 4 (IANS). Commerce Secretary Rajesh Aggarwal on Saturday said the government is working to ensure minimal disruption in supply chains amid global uncertainties, and is also prepared for a possible decline in exports and imports.
Addressing a press conference during a ‘Thintan Shivir’ session in Hyderabad, Agarwal told the media that the initiative aims to bring together government and industrial stakeholders to identify challenges and develop a clear roadmap.
The official also said that India is focusing on maintaining the growth momentum of pharmaceutical exports. He said the effort, guided by the vision of Prime Minister Narendra Modi, seeks to define the roles and responsibilities of all stakeholders through wide-ranging consultations.
Aggarwal said the discussions focused on maintaining India’s leadership in emerging areas such as biosimilars, biologics and innovative medicines, while also ensuring that supply chains for both exports and imports remain resilient and protected from external shocks.
India’s pharmaceutical industry, valued at over $60 billion, remains a major contributor to exports and global healthcare supply chains.
On the ongoing crisis in the Middle East, the official said it could have some impact on energy supply chains, which are extremely important for the region. However, he expressed confidence in the industry’s adaptability.
“India’s industry is very adaptive and flexible. We will be able to face these challenges in the future,” he said. It also added that at present there has been no immediate impact on prices.
Aggarwal said the government will work closely with industrial stakeholders to address any emerging challenges, while also ensuring that supplies remain unaffected.
Earlier this week, PM Modi chaired a meeting of the Cabinet Committee on Security (CCS) to review the changing situation in West Asia and assess its potential impact on India’s national interests.
This was the second CCS meeting since tensions escalated on February 28, 2026; These tensions were heightened by US-Israeli airstrikes on Iranian targets and subsequent retaliatory actions, which have led to disruptions in the region, particularly in the Strait of Hormuz, and instability in global energy markets.
–IANS
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