Beyond Traceability: Evaluating the Challenges and Opportunities of Blockchain Integration in India’s Pharmaceutical Supply Chain to Combat Counterfeit Drugs.

Shehaan Nagesh Mune

doi:10.36948/ijfmr.2025.v07i03.46090

Beyond Traceability: Evaluating the Challenges and Opportunities of Blockchain Integration in India’s Pharmaceutical Supply Chain to Combat Counterfeit Drugs.

Author(s)	Mr. Shehaan Nagesh Mune
Country	India
Abstract	This study investigates how Blockchain technology might be used to solve one of the gravest issues faced in the Indian pharmaceutical supply chain: The fight against counterfeit drugs. A thematic analysis of the interviews of 10 industry veterans was carried out, and several important topics, reasons and ideologies emerged. One important revelation was that Blockchain's adoption, specifically in the Indian Pharma Industry, has been affected by a lack of knowledge and instruction about it among the working professionals. The participants were confident about Blockchain's capabilities and were of the strong opinion that it would play a very important role in revolutionising the Indian Pharma scenario. However, despite these positive remarks, the participants stated that challenges like the fragmented nature of the industry, legal and supply chain restrictions and financial limitations were considered to be major adoption impediments. Participants argued for infrastructure development, financial incentives, and clear legal frameworks as key components of the government support for removing these obstacles, thus enabling mainstream adoption of this technology. The study also highlighted the reluctance to invest in blockchain due to uncertainties around its returns, especially in a price-sensitive market. While there is optimism about blockchain’s future role, participants suggested a phased adoption approach, starting with high-value drugs. Ultimately, the paper concludes that while blockchain holds promise, successful implementation in India’s pharmaceutical sector requires both industry education and substantial government support.
Keywords	Blockchain, Pharmaceutical Supply Chain, Indian Pharma Sector
Field	Computer > Network / Security
Published In	Volume 7, Issue 3, May-June 2025
Published On	2025-05-27
DOI	https://doi.org/10.36948/ijfmr.2025.v07i03.46090
Short DOI	https://doi.org/g9mn5x

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Beyond Traceability: Evaluating the Challenges and Opportunities of Blockchain Integration in India’s Pharmaceutical Supply Chain to Combat Counterfeit Drugs.

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