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India's dapagliflozin imports from SPAIN total $2.1K across 5 shipments from 3 foreign suppliers. M/S LABORATORIOS LICONSA, S.A.. leads with $1.9K in import value; the top 5 suppliers together control 100.0% of this origin. Leading Indian buyers include CHEMO INDIA FORMULATION PRIVATE LIMITED. This corridor reflects India's pharmaceutical import demand for dapagliflozin โ a concentrated sourcing relationship with select suppliers from SPAIN.

M/S LABORATORIOS LICONSA, S.A.. is the leading Dapagliflozin supplier from SPAIN to India, with import value of $1.9K across 2 shipments. The top 5 suppliers โ M/S LABORATORIOS LICONSA, S.A.., LABORATORIES LICONSA, GALENICUM HEALTH SLU 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 LABORATORIOS LICONSA, S.A.. | $1.9K | 2 | 93.8% |
| 2 | LABORATORIES LICONSA | $68 | 1 | 3.3% |
| 3 | GALENICUM HEALTH SLU | $60 | 2 | 2.9% |
Ranked by import value (USD)
| # | Buyer | Value (USD) | Shipments | Share |
|---|---|---|---|---|
| 1 | CHEMO INDIA FORMULATION PRIVATE LIMITED | $1.9K | 2 | 93.8% |
| 2 | CLIANTHA RESEARCH LIMITED | $68 | 1 | 3.3% |
| 3 | AURIGENE PHARMACEUTICAL SERVICES LIMITED |
SPAIN โ India trade corridor intelligence
As of April 2026, the Spain to India trade corridor for pharmaceutical imports is operating efficiently. Major ports such as Jawaharlal Nehru Port Trust (JNPT), Chennai, and Mundra are handling shipments without significant congestion. Freight rates have stabilized, and the exchange rate between the Euro and the Indian Rupee remains favorable for importers. Air freight options are available for expedited shipments, with an average transit time of approximately 7 days.
The Indian government's Production Linked Incentive (PLI) scheme aims to boost domestic manufacturing and reduce import dependency. While this initiative encourages local production, it may impact the volume of finished formulation imports, including those from Spain. However, the demand for specialized formulations not produced domestically is expected to sustain imports in the short to medium term.
India and Spain share a robust trade relationship, with ongoing negotiations to enhance bilateral ties. Mutual recognition of Good Manufacturing Practices (GMP) has facilitated smoother pharmaceutical trade between the two nations. Both countries are committed to streamlining customs procedures and ensuring the quality and safety of pharmaceutical imports and exports.
| $60 |
| 2 |
| 2.9% |
For a shipment of finished Dapagliflozin formulations from Spain to India, the estimated landed cost per unit is calculated as follows:
Total Landed Cost: $2.87 per unit
These estimates are subject to change based on fluctuations in freight rates, exchange rates, and any changes in customs duties or taxes.
CDSCO registration, import licensing, and quality testing requirements
Importing finished pharmaceutical formulations containing Dapagliflozin into India requires compliance with the Drugs and Cosmetics Act, 1940, and the Drugs and Cosmetics Rules, 1945. The Central Drugs Standard Control Organization (CDSCO) mandates that both the drug and the manufacturing site be registered. For new drugs, as defined under Rule 122E, prior approval is necessary before importation. Applications for registration and import licenses must be submitted to the Drugs Controller General (I) at CDSCO. The registration process involves submitting detailed documentation, including the drug's composition, manufacturing process, and stability data. The timeline for obtaining import drug registration varies but typically ranges from several months to a year, depending on the completeness of the application and regulatory review processes. Specific requirements for Dapagliflozin formulations under HS Code 30049099 include providing evidence of safety, efficacy, and quality, along with compliance with Indian pharmacopoeia standards.
Imported finished pharmaceutical formulations containing Dapagliflozin must undergo quality testing at CDSCO-approved laboratories. Batch-wise testing is mandatory, with each batch requiring a Certificate of Analysis (CoA) confirming compliance with Indian Pharmacopoeia standards. Stability data, particularly for ICH Zone IV conditions, must be provided to demonstrate the product's shelf-life under India's climatic conditions. Port inspection by customs drug inspectors is conducted to verify the authenticity and quality of the imported drugs. If a batch fails quality testing, it may be rejected, leading to potential delays and financial losses for the importer.
Between 2024 and 2026, the CDSCO has implemented several regulatory updates affecting the import of finished pharmaceutical formulations. The Production Linked Incentive (PLI) scheme has been expanded to encourage domestic manufacturing, potentially impacting the volume of finished formulation imports. Bilateral agreements between India and Spain have facilitated smoother trade relations, including mutual recognition of Good Manufacturing Practices (GMP), which may streamline the import process for Spanish pharmaceutical products.
Market demand, customs duty structure, and competitive landscape ยท Import duty: 17.10%
India imports finished Dapagliflozin formulations primarily due to the availability of patented or branded products not manufactured domestically. Specific dosage forms or strengths may be required to meet patient needs, which are not produced by Indian manufacturers. While India has a growing domestic pharmaceutical industry, certain specialized formulations still rely on imports to fulfill market demand. The market size for Dapagliflozin in India is substantial, with a significant number of patients requiring this medication for managing type 2 diabetes.
The Basic Customs Duty (BCD) for finished pharmaceutical formulations under HS Code 30049099 is 10%. An additional Social Welfare Surcharge (SWS) of 10% is applied, resulting in a total duty of 20%. The Goods and Services Tax (GST) at 12% is applicable on the imported value. There are no exemptions or preferential rates for imports from Spain. Therefore, the total landed duty percentage is 32% (20% duty + 12% GST).
India sources finished Dapagliflozin formulations from Spain due to the availability of patented formulations and specialized dosage forms that are not produced domestically. Spanish manufacturers are known for high-quality standards and compliance with international regulatory requirements, which enhances the reliability of their products. While other countries like China, Germany, and the United States also supply Dapagliflozin formulations, Spain's competitive advantage lies in its established trade relations with India and the quality assurance of its pharmaceutical products.
Import rationale, competitive comparison, supply chain risk, and procurement strategy
India imports finished Dapagliflozin formulations from Spain due to the availability of patented formulations and specialized dosage forms not produced domestically. Spanish manufacturers offer high-quality products that meet international standards, ensuring efficacy and safety. The established trade relations and mutual recognition of Good Manufacturing Practices (GMP) between India and Spain further facilitate this sourcing.
Compared to other origins like China, Germany, and the United States, Spain offers a competitive advantage in terms of product quality and regulatory compliance. Spanish pharmaceutical products are known for their adherence to stringent quality standards, which is crucial for the importation of finished formulations. While other countries may offer lower prices, Spain's reputation for quality and reliability makes it a preferred source for importing Dapagliflozin formulations.
Importing finished pharmaceutical formulations from Spain involves certain risks, including potential regulatory changes, currency fluctuations, and shipping disruptions. To mitigate these risks, Indian importers should maintain dual sourcing strategies, establish robust inventory management practices, and stay informed about regulatory updates in both countries. Regular audits and quality checks can also help ensure product quality and compliance with Indian standards.
Import license checklist, document requirements, quality testing, and compliance
Answers based on Indian Customs (DGFT) import records compiled by TransData Nexus
The top Dapagliflozin suppliers from SPAIN to India include M/S LABORATORIOS LICONSA, S.A.., LABORATORIES LICONSA, GALENICUM HEALTH SLU. The leading supplier is M/S LABORATORIOS LICONSA, S.A.. with import value of $1.9K USD across 2 shipments. India imported Dapagliflozin worth $2.1K USD from SPAIN in total across 5 shipments.
India imported Dapagliflozin worth $2.1K USD from SPAIN across 5 shipments. Data is from Indian Customs (DGFT) records. Values are in USD.
The main Indian buyers of Dapagliflozin sourced from SPAIN include CHEMO INDIA FORMULATION PRIVATE LIMITED, CLIANTHA RESEARCH LIMITED, AURIGENE PHARMACEUTICAL SERVICES LIMITED. The largest buyer is CHEMO INDIA FORMULATION PRIVATE LIMITED with $1.9K in imports across 2 shipments.
The total value of Dapagliflozin imports from SPAIN to India is $2.1K USD, across 5 shipments and 3 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
5 Verified Shipments
3 suppliers, 3 buyers tracked
Expert-Reviewed
By pharmaceutical trade specialists