India's Kusum Group suffered a major loss after its pharmaceutical plant in Sumy, Ukraine, was attacked by Russian drones, causing damage estimated at ₹400 crore. The attack resulted in one death and several injuries, with rescue operations ongoing, according to a report by NDTV cited by livemint.com.
The Kusum Group, which began distributing Indian medicines in Ukraine in 1994 and opened its Ukrainian manufacturing plant in 2009, saw the main structure of the plant largely destroyed in the attack. The group, headed by Rajeev Gupta, produces over 50 generic products sold in Ukraine and other countries including Uzbekistan, Kazakhstan, and the Philippines. Visuals of the attack showed a large plume of smoke rising from the site.
The incident highlights the risks faced by Indian companies operating in conflict zones. Kusum Group’s presence in Ukraine includes manufacturing and distribution operations, reflecting its strategic role in supplying medicines across several countries. Ukrainian President Volodymyr Zelensky condemned the attack on social media, extending condolences to those affected.
The Kusum Group’s pharmaceutical plant in Sumy was targeted amid ongoing conflict between Russia and Ukraine, with the attack reported this week. The company also operates two manufacturing facilities in India, supporting its distribution network across multiple countries, according to livemint.com.