CPhI & P-MEC India expo to encourage cost-effective solutions in India’s march towards a Rs 10.5 lakh crore Pharma Market by 2030

0
1401

Continuing the winning streak of CPhI & P-MEC India, Informa Markets, the leading international B2B events group, is once again back with its 15th edition in an evolved hybrid format to be held from 29th November to 1st December 2022 at the India Expo Centre, Greater Noida, Delhi – NCR. Embracing modernization, CPhI & P-MEC India create platforms to showcase modern technologies critical in facilitating advancement in India’s pharma machinery, technology, and ingredients industries. Indian pharmaceutical industry is set to grow at a 12% CAGR and reach $ 130 billion (INR 10.5 lakh crores) by 2030. To stimulate the anticipated growth of the industry, a pre-connect congress will take place on 28th November 2022 at Crowne Plaza, Mayur Vihar, New Delhi.

The expo will yet again be a marketplace to bridge the ecosystem with knowledge, technologies, and market opportunities. CPhI & P-MEC India are expected to witness over 1500 exhibitors, more than 40,000 visitors and representation from over 80 + Countries over the 3-days. It gives direct access highly targeted senior pharma executives, buyers, procurement managers, contract manufacturers, hospital administration, and many more along with National and State Regulatory Boards, and Policymakers to congregate and conduct business, arrive at solution-driven innovations to counteract economic uncertainties and domestic trade in India.

CPhI and P-MEC India is a gateway to discover various opportunities and build successful business relationships with hundreds of participating companies and industry leaders. Some of the key exhibitors include Hetero, Aurobindo, Signet, Teva, Optimus, Lonza Capsules, Merck, IMCD, Fette Compacting, Elmach, ACG, BD Pharma, IMA, Cadmach, GEA and many more. This year again the expo garnered extensive support from associations like Pharmexcil, CIPI, IDMA, ASPA, IPA, IPEC, and KDPMA reaffirming it as the industry’s most promising show.

Emphasizing this year’s CPhI & P-MEC India Expo, Mr. Yogesh Mudras, Managing Director, Informa Markets in India said, “The Indian pharma Market is rising at an annual growth rate of 15%, which is twice the world market growth rate. To further accelerate the growth of this industry, the government has approved incentives to the tune of almost INR 22,000 crores and 100% FDI, under the automatic route for greenfield pharmaceuticals.

Over the last 15 years, our show CPhI and P-MEC India has demonstrated excellence in supporting the industry and growing along with it by curating highly effective platforms for showcasing technology solutions, knowledge sharing, networking, and advocacy in the past and will continue to act as a catalyst to ‘Make in India ‘movement and provide an impetus to Indian economy. The expo will surely provide a huge platform to establish and enhance business by meeting active suppliers looking for collaboration with the Indian Pharma and Healthcare market. Every edition of CPhI and P-MEC India has set a successful milestone for its esteemed visitors, and this year too, we will raise the bar to give a significant boost to this industry.”

The expo will further provide and encourage the halo around the pharma sector. As a pre-cursor, the marquee show starts with the pre-connect Congress that will include Mr. Amit Saluja, Senior Director and Center Head – Gandhinagar CoE NASSCOM, Gandhinagar, Dr. Sanjit Singh Lamba, CEO, Biocuris, Mr.Suresh Pattathil, President – OPPI & Managing Director and General Manager, Allergan India, and Mr Vikram Srivastava, Head, Global Supply chain, Sun Pharmaceutical Industries Ltd amongst others. The key topics of the panel discussions would include ‘Disrupting the pharmaceutical industry in the age of rapid technological growth’, ‘Paving the pathway for innovation in pharma R&D’,’ Adaptive, responsive, and flexible supply chain to fuel pharma growth’ and ‘Changing global dynamics & opportunities for enhancing India’s pharma exports.’

Alongside the display of the latest technologies, of CPhI & P-MEC India, the India Pharma Week, which will include 9 th Annual India pharma awards and CEO Roundtable on Day 1, will bring all key stakeholders in the pharmaceutical industry on a single platform to discuss, deliberate, and share their thoughts on achieving the next phase of growth in pharma. Day 2 will see the Women in Pharma Roundtable, which is an initiative aimed at acknowledging and celebrating the significant and continued contribution of women to the pharmaceutical industry in a closed-door roundtable discussion.

The CPhI India and P-MEC Expo is an intrinsic part of the ‘Festivity of Business – Enabling Progress. Powering Growth’ campaign by Informa Markets in India this festive season. Festivity of Business is a medley of 28 back-to-back shows that commenced on September 10th and will continue till the year’s end across different verticals in the physical, digital and hybrid formats. It has been curated to facilitate the various industry sectors to grow and celebrate the world of business and trade this high season!