Indore, Apr 13 (PTI) Amidst the turmoil caused by US tariff policies and the West Asia conflict, exports from Indore's Special Economic Zone (SEZ) increased by nearly 10.50 per cent to reach Rs 14,302 crore in the financial year 2025-26.

An official from the Union Ministry of Commerce and Industry claimed on Monday that due to previous orders from importers, the West Asia conflict in March didn't have a significant impact on the Indore SEZ's exports.

He said that pharmaceuticals account for approximately 70 per cent of the exports from the Indore SEZ, and the US is among the top importers of these medicines.

The SEZ, which houses factories for various products, exported Rs 12,948 crore in the financial year 2024-25, according to the official.

The SEZ, spanning 572 hectares in the Pithampur industrial area near Indore, houses 59 plants in various sectors, including pharmaceuticals, packaging materials, engineering, textile manufacturing, and food processing, of which 22 are in the pharmaceutical sector.

The West Asia conflict started unfolding after the US and Israel attacked Iran on February 28, affecting global energy supplies and disrupting imports and exports. PTI HWP MAS NSK

Special Economic Zone exports rise despite tariff pressures and West Asia conflict, led by pharmaceuticals and overseas demand. Exports from the Indore Special Economic Zone rose by nearly 10.50 per cent to Rs 14,302 crore in financial year 2025-26, despite concerns over US tariff policies and the West Asia conflict. Pharmaceuticals formed about 70 per cent of the export basket, with the US among the main markets. The zone contains units across pharmaceuticals, packaging materials, engineering, textiles and food processing in the Pithampur industrial area near Indore.