10 June 2019 | News
Chief Minister invites Industry to make Investments in Pharma Sector
Hon'ble CM Shri Vijay Rupani inaugurating IPHEX2019
Gujarat is set to be the Hub of Indian Pharma Sector. Speaking at the inauguration, Gujarat Chief Minister, Shri Vijay Rupani welcomed over 650 overseas pharma buyers and Government delegates to Gujarat and invited the Indian Pharma sector to consider Gujarat for their future investment plans.
Shri Vijay Rupani said, “I am pleased to note that global buyers from over 130 countries are today with us to source quality pharmaceuticals from India.
India is a well-recognized quality manufacturer of generics and formulations and their visit to IPHEX will enable them procure their requirements from 350 + exhibitors present at the show.”
“Gujarat welcomes investments from all Indian large and SME enterprises and will facilitate collaborative partnerships with overseas companies keen to invest in India,” added, Shri Rupani.
Shri Udaya Bhaskar, Director General, The Pharmaceuticals Export Promotion Council of India (PHARMEXCIL) said, ”IPHEX is our flagship event and this edition is the largest ever. Indian pharma exports are current at USD 19.15 billion and more than 50% are exported to highly regulated markets. We expect Industry to benefit from overseas buyer meetings at IPHEX. We are focusing on emerging markets of Latin America, Africa, CIS and ASEAN at IPHEX.
Shri Udaya Bhaskar thanked Ministry of Commerce, Govt of India for their support for IPHEX 2019.
Shri Vijay Shah, Chairman IPHEX 2019 said, “IPHEX 2019 is India’s Pharma Market place for Global Buyers and Industry will see mega dividends in coming times.”
iPHEX is an exhibition that brings together the drugs, pharmaceutical and healthcare industry – all under one roof. It is one of the largest showcases of Indian pharmaceutical products and technologies to a global audience. It offers the industry majors from India and all across the world a great platform to network and grow their businesses.
PHARMEXCIL is the nodal agency to represent Drugs, Pharmaceutical & Healthcare industry in the global arena. With over 3500 members, PHARMEXCIL is mandated to help them achieve excellence in exports and facilitate overseas buyers to find suitable trade partners from the Indian pharma industry.
PHARMEXCIL acts as a single contact point for the overseas buyers and investors by providing a list of manufacturers/exporters of the Pharma Products of interest to them, provide assistance in coordinating appointments for the overseas buyers/investors during their visits to India through its offices at Hyderabad, Mumbai and New Delhi. PHARMEXCIL arranges for visits to manufacturing facilities, research institutes and meetings for overseas buyers with the exporting community for mutual exchange of ideas and information.