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India's serum imports from MALI total $2.1K across 2 shipments from 2 foreign suppliers. CENTRE POUR LE DEVELOPPMENT DES VACCINS leads with $1.1K in import value; the top 5 suppliers together control 100.0% of this origin. Leading Indian buyers include SERUM INSTITUTE OF INDIA PRIVATE LIMITED. This corridor reflects India's pharmaceutical import demand for serum โ a concentrated sourcing relationship with select suppliers from MALI.

CENTRE POUR LE DEVELOPPMENT DES VACCINS is the leading Serum supplier from MALI to India, with import value of $1.1K across 1 shipments. The top 5 suppliers โ CENTRE POUR LE DEVELOPPMENT DES VACCINS, CVD-MALI, EX-INSTITUT MARCHOUX 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 | CENTRE POUR LE DEVELOPPMENT DES VACCINS | $1.1K | 1 | 50.8% |
| 2 | CVD-MALI, EX-INSTITUT MARCHOUX | $1.0K | 1 | 49.2% |
Ranked by import value (USD)
| # | Buyer | Value (USD) | Shipments | Share |
|---|---|---|---|---|
| 1 | SERUM INSTITUTE OF INDIA PRIVATE LIMITED | $2.1K | 2 | 100.0% |
MALI โ India trade corridor intelligence
The Mali to India trade corridor is currently stable, with no significant port congestion reported at major Indian ports such as Jawaharlal Nehru Port (JNPT), Chennai, and Mundra. Freight rates are consistent with standard international shipping costs, and the exchange rate between the Indian Rupee (INR) and the Malian CFA Franc remains favorable for trade.
The Indian government's Production-Linked Incentive (PLI) scheme aims to boost domestic manufacturing of pharmaceutical products, potentially reducing reliance on imports. However, the demand for specialized serum formulations not produced domestically continues to drive imports from countries like Mali.
India and Mali maintain cordial trade relations, with ongoing discussions to enhance pharmaceutical trade. There are no existing Free Trade Agreements (FTAs) between the two countries, but both nations are exploring avenues for mutual recognition of Good Manufacturing Practices (GMP) and other trade facilitation measures.
The landed cost for importing finished pharmaceutical formulations containing serum from Mali to India includes the following components:
CDSCO registration, import licensing, and quality testing requirements
To import finished pharmaceutical formulations containing serum into India, the Central Drugs Standard Control Organization (CDSCO) mandates that both the manufacturing site and the product be registered. The registration process involves obtaining a Registration Certificate for the manufacturing premises and an Import License for the specific drug. The application must be submitted to the Drugs Controller General of India (DCGI) at CDSCO. The required documents include a Free Sale Certificate, Good Manufacturing Practice (GMP) certificate, and a Certificate of Pharmaceutical Product (COPP). The registration certificate and import license are valid for three years from the date of issue.
Imported finished pharmaceutical formulations containing serum must undergo quality testing at CDSCO-approved laboratories. Each batch requires a Certificate of Analysis (CoA) confirming compliance with Indian Pharmacopoeia standards. Stability data, adhering to ICH Zone IV guidelines, must be provided. Port inspections by customs drug inspectors are conducted to ensure product quality and safety.
In April 2025, the Indian government introduced new regulations requiring import registration and licenses for all imported medicines, including finished formulations containing serum. This measure aims to prevent the sale of unapproved or illegal medicines in the Indian market. The policy emphasizes compliance with the Drugs and Cosmetics Act and associated rules.
Market demand, customs duty structure, and competitive landscape ยท Import duty: 10%
India imports finished serum formulations to meet the demand for patented or branded products, specialized dosage forms, and formulations not produced domestically. The market size for serum formulations in India is substantial, with a total export market of $27.1 million across 341 exporters to 122 countries. This indicates a significant demand for serum formulations within the country.
The import duty for finished pharmaceutical formulations containing serum under HS Code 30029090 is 10% Basic Customs Duty (BCD). An additional Social Welfare Surcharge (SWS) of 10% is applied, resulting in a total duty of 10.30%. There are no additional duties or exemptions for imports from Mali.
India sources finished serum formulations from Mali due to the availability of patented formulations, specialized dosage forms, and high-quality products. Mali's share in India's serum formulation imports is modest, but it offers unique products not readily available from other suppliers. Other major suppliers include China, Germany, and the United States.
Import rationale, competitive comparison, supply chain risk, and procurement strategy
India imports finished serum formulations from Mali to access unique patented formulations, specialized dosage forms, and high-quality products not readily available from other suppliers. Mali's competitive advantage lies in its ability to produce formulations that meet specific therapeutic needs, thereby complementing India's domestic manufacturing capabilities.
Compared to other origins like China, the European Union, and the United States, Mali offers competitive pricing and unique product offerings. While other suppliers may provide a broader range of products, Mali's specialized formulations and quality standards present a unique advantage for Indian importers seeking specific serum formulations.
Potential risks for Indian importers sourcing serum formulations from Mali include single-source dependency, currency fluctuations, regulatory changes, quality incidents, and shipping disruptions. To mitigate these risks, importers should establish contingency plans and maintain open communication with suppliers.
Import license checklist, document requirements, quality testing, and compliance
Upon arrival in India, imported serum formulations undergo inspection by CDSCO port inspectors. Mandatory batch testing is conducted, including sample collection and analysis. Timelines for testing vary, but importers should anticipate potential delays. If a batch fails quality testing, it may be rejected, leading to potential financial losses. Common quality issues from Mali include discrepancies in labeling and packaging.
Importers must renew CDSCO registrations and licenses annually. Periodic audits of manufacturing facilities in Mali are conducted to ensure ongoing compliance with international standards. Change control procedures must be documented, and pharmacovigilance systems should be in place for
Answers based on Indian Customs (DGFT) import records compiled by TransData Nexus
The top Serum suppliers from MALI to India include CENTRE POUR LE DEVELOPPMENT DES VACCINS, CVD-MALI, EX-INSTITUT MARCHOUX. The leading supplier is CENTRE POUR LE DEVELOPPMENT DES VACCINS with import value of $1.1K USD across 1 shipments. India imported Serum worth $2.1K USD from MALI in total across 2 shipments.
India imported Serum worth $2.1K USD from MALI across 2 shipments. Data is from Indian Customs (DGFT) records. Values are in USD.
The main Indian buyers of Serum sourced from MALI include SERUM INSTITUTE OF INDIA PRIVATE LIMITED. The largest buyer is SERUM INSTITUTE OF INDIA PRIVATE LIMITED with $2.1K in imports across 2 shipments.
The total value of Serum imports from MALI to India is $2.1K USD, across 2 shipments and 2 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
2 suppliers, 1 buyers tracked
Expert-Reviewed
By pharmaceutical trade specialists