Red Sea Crisis Drives Up Transit Times & Costs for Sanjivani Paranteral

Director, Sanjivani Paranteral Ltd.
The Red Sea crisis has significantly impacted the company mainly on two grounds: increased transit times and substantially higher freight rates. The diversion of routes due to the crisis has led to a significant rise in shipping costs.

Srivardhan Khemka - Director, Sanjivani Paranteral Ltd.
 

Increased Transit Times

One of the major challenges we face is the increased transit time. Our products now take approximately 60-65 days to reach key markets like Peru, compared to 30 days before the crisis. This delay impacts our competitiveness, as products from China reach Peru in fewer days than ours. Additionally, this reduces the shelf life of our perishable pharmaceutical products. Although we offer advantages such as better product quality and no language barriers, which sets us apart from China, we still face significant challenges due to these delays.

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