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India's antitoxin imports from INDONESIA total $984 across 2 shipments from 1 foreign suppliers. M/S. BIONET ASIA CO. LTD leads with $984 in import value; the top 5 suppliers together control 100.0% of this origin. Leading Indian buyers include PANACEA BIOTEC LIMITED. This corridor reflects India's pharmaceutical import demand for antitoxin โ a concentrated sourcing relationship with select suppliers from INDONESIA.

M/S. BIONET ASIA CO. LTD is the leading Antitoxin supplier from INDONESIA to India, with import value of $984 across 2 shipments. The top 5 suppliers โ M/S. BIONET ASIA CO. LTD โ collectively account for 100.0% of total import value from this origin.
Ranked by import value (USD) ยท Indian Customs (DGFT) data
| # | Supplier | Value (USD) | Shipments | Share |
|---|---|---|---|---|
| 1 | M/S. BIONET ASIA CO. LTD | $984 | 2 | 100.0% |
Ranked by import value (USD)
| # | Buyer | Value (USD) | Shipments | Share |
|---|---|---|---|---|
| 1 | PANACEA BIOTEC LIMITED | $984 | 2 | 100.0% |
INDONESIA โ India trade corridor intelligence
As of April 2026, the Indonesia to India shipping corridor is operating efficiently. Major ports like Jawaharlal Nehru Port Trust (JNPT), Chennai, and Mundra are handling increased volumes without significant congestion. Freight rates have stabilized, and the exchange rate between the Indian Rupee (INR) and Indonesian Rupiah remains favorable for trade. No major disruptions have been reported, ensuring a reliable supply chain for antitoxin formulations.
The Indian government's Production Linked Incentive (PLI) scheme aims to boost domestic manufacturing, potentially reducing reliance on imports of finished pharmaceutical formulations. However, for specialized products like certain antitoxin formulations, domestic production may not meet demand, necessitating continued imports. Import substitution policies are being evaluated, but their impact on finished formulation imports from Indonesia remains to be seen.
India and Indonesia share a strong trade relationship, with ongoing discussions to enhance pharmaceutical trade. Negotiations for a Free Trade Agreement (FTA) are in progress, which could lead to preferential trade terms. Mutual Good Manufacturing Practice (GMP) recognition is being explored to facilitate smoother trade. These efforts aim to streamline pharmaceutical trade and ensure the availability of quality antitoxin formulations in India.
The landed cost for importing antitoxin formulations from Indonesia to India includes the following components:
A detailed per-unit estimate requires specific values for each component, which can vary based on the product's value, shipping terms, and other factors.
CDSCO registration, import licensing, and quality testing requirements
To import finished pharmaceutical formulations containing antitoxins into India, the foreign manufacturer must obtain an Import License from the Directorate General of Foreign Trade (DGFT). Additionally, the product must be registered with the Central Drugs Standard Control Organisation (CDSCO). This involves submitting an application in Form 40, along with necessary documents such as the Free Sale Certificate, Certificate of Pharmaceutical Product (CoPP), and stability data. The registration process typically takes 6-12 months. For antitoxin formulations under HS Code 30021220, specific requirements include evidence of clinical trials, safety and efficacy data, and compliance with Indian Pharmacopoeia standards. The importer must also obtain a No Objection Certificate (NOC) from the Ministry of Health and Family Welfare.
Imported antitoxin formulations must undergo quality testing at CDSCO-approved laboratories in India. Each batch requires a Certificate of Analysis (CoA) confirming compliance with Indian Pharmacopoeia standards. Stability data, particularly for ICH Zone IV conditions, must be provided to ensure product integrity in India's climate. Port inspection by customs drug inspectors is mandatory to verify the authenticity and quality of the product. Failure to meet these standards can result in rejection of the shipment.
Between 2024 and 2026, the CDSCO has implemented stricter regulations for importing biological products, including antitoxin formulations. The introduction of the Production Linked Incentive (PLI) scheme has incentivized domestic manufacturing, potentially affecting the volume of finished formulation imports. Bilateral agreements between India and Indonesia have facilitated smoother trade, but compliance with updated regulatory standards remains essential.
Market demand, customs duty structure, and competitive landscape ยท Import duty: 10%
India imports finished antitoxin formulations due to the need for specialized products not manufactured domestically, such as certain patented or branded formulations and specific dosage forms. The domestic capacity to produce these formulations is limited, leading to a dependency on imports. The market size for antitoxin formulations in India is substantial, with a growing demand driven by increasing awareness and healthcare needs.
The Basic Customs Duty (BCD) for antitoxin formulations under HS Code 30021220 is 10%. The Social Welfare Surcharge (SWS) is 10% of the BCD, resulting in an additional 1% duty. The Integrated Goods and Services Tax (IGST) is 12% on the assessable value, which includes the CIF value plus applicable duties. There are no exemptions or preferential duty rates for imports from Indonesia. The total landed duty percentage is approximately 33%.
India sources antitoxin formulations from Indonesia due to competitive pricing, quality products, and compliance with international standards. Indonesia's pharmaceutical industry offers formulations that meet the specific needs of the Indian market, including certain patented or specialized products not available domestically. Other suppliers, such as China, Germany, and the United States, also serve the Indian market, but Indonesia's offerings are competitive in terms of both price and quality. Indonesia's share in India's antitoxin formulation imports is growing, reflecting its strengthening position as a supplier.
Import rationale, competitive comparison, supply chain risk, and procurement strategy
India imports antitoxin formulations from Indonesia due to the availability of specialized products not manufactured domestically, such as certain patented or branded formulations and specific dosage forms. Indonesia's pharmaceutical industry offers competitive pricing and products that meet international quality standards, making it an attractive source for these formulations.
Compared to other origins like China, the European Union, and the United States, Indonesia offers competitive pricing and quality for antitoxin formulations. While China may offer lower prices, concerns about quality and regulatory compliance can be issues. The European Union and the United States provide high-quality products but at higher prices. Indonesia's unique advantage lies in its ability to offer quality products at competitive prices, with a focus on formulations that meet the specific needs of the Indian market.
Indian importers face risks such as single-source dependency, currency fluctuations, regulatory changes, quality incidents, and shipping disruptions. Past shortages have occurred due to regulatory changes and shipping delays. To mitigate these risks, importers should diversify suppliers, monitor currency trends, stay updated on regulatory changes, and maintain robust quality assurance processes.
Import license checklist, document requirements, quality testing, and compliance
Answers based on Indian Customs (DGFT) import records compiled by TransData Nexus
The top Antitoxin suppliers from INDONESIA to India include M/S. BIONET ASIA CO. LTD. The leading supplier is M/S. BIONET ASIA CO. LTD with import value of $984 USD across 2 shipments. India imported Antitoxin worth $984 USD from INDONESIA in total across 2 shipments.
India imported Antitoxin worth $984 USD from INDONESIA across 2 shipments. Data is from Indian Customs (DGFT) records. Values are in USD.
The main Indian buyers of Antitoxin sourced from INDONESIA include PANACEA BIOTEC LIMITED. The largest buyer is PANACEA BIOTEC LIMITED with $984 in imports across 2 shipments.
The total value of Antitoxin imports from INDONESIA to India is $984 USD, across 2 shipments and 1 foreign suppliers. Data source: Indian Customs (DGFT).
Data sourced from Indian Customs (DGFT) records. Verify regulatory and trade status with the agencies above.
Pharmaceutical Export-Import Analyst & Trade Intelligence Expert
Suresh Sormare is a pharmaceutical export-import analyst with deep expertise in Indian Customs (DGFT) data, HS code classification, and global pharmaceutical supply chains. His analysis covers 10M+ shipment records across 150+ countries and is used by manufacturers, procurement agencies, and trade consultants worldwide. Suresh specializes in identifying verified suppliers and buyers from customs records, mapping bilateral pharmaceutical trade corridors, analyzing tariff structures and regulatory frameworks across 170+ destination markets, and benchmarking competitive positioning for finished pharmaceutical formulations. His methodology combines granular customs transaction data with regulatory intelligence from FDA, EMA, WHO, CDSCO, and 40+ national drug authorities to deliver actionable trade insights for the pharmaceutical formulations sector.
linkedin.com/in/sureshsormareAll trade data is sourced from Indian Customs (DGFT) official shipping bill records โ the authoritative government database for India's pharmaceutical trade. Each verified record contains exporter name, consignee (buyer) name, detailed product description, quantity, declared FOB value (USD), port of loading, destination country, and shipment date.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
2 Verified Shipments
1 suppliers, 1 buyers tracked
Expert-Reviewed
By pharmaceutical trade specialists