MUMBAI, November 21, 2017 /PRNewswire/ --
A distinguished assemblage of Leadership, Business, Knowledge, Networking, Recognition and Innovation in the Pharma domain by UBM India
- South Asia's largest Pharma event
- CPhI and P-MEC India
- 1500+ exhibitors; 40+ countries
- More than 10 eclectic events across Mumbai throughout the India Pharma Week
UBM India, India's leading B2B exhibition organizer, is all set to bring in the second edition of the widely appreciated India Pharma Week, a week-long celebration packed with avant-garde events from 25th to 30th November alongside its flagship expo CPhI and P-MEC India. In its 11th edition, the marquee expo will be held at two venues in Mumbai - MMRDA Grounds, Bandra Kurla Complex (27th to 29th November) and Bombay Exhibition Centre (28th to 30th November).
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Celebrating 11 years of CPhI and P-MEC India, the India Pharma Week will organise more than 10 events and activities taking place across the city of Mumbai pertaining to the streams of business, knowledge, leadership, innovation, recognition and networking in the field of pharma. The week will commence with a Plant visit followed by a series of engagements such as Pharma Leaders Golf, Pre-Connect Congress, Women in Pharma - Power Breakfast, India Pharma Awards, Networking Evening, the CPhI & P-MEC India Exhibition, a closed-door CEO Roundtable and many more activities.
Incepted in 2006, the CPhI & P-MEC India exhibition has grown remarkably larger over the years with exhibitors and visitors engaging over significant levels of business. It has been approved and comprehensively assisted in its endeavours by governing bodies such as Pharmaceuticals Export Promotion Council (Pharmexcil). Spread across two locations, this year's edition will see more than 1500 exhibitors and participation from over 40 countries.
Speaking on the announcement of the IPW, Mr. Yogesh Mudras, Managing Director, UBM India said, "I am delighted to announce the second edition of the week-long India Pharma Week, an unrivalled offering to the world of exhibitions along with the CPhI & P-MEC India, UBM's flagship engagement platform, and the world's leading pharmaceutical networking event. An epitome of India's strength in the pharma industry, the expo has consistently grown to serve as an exclusive congregation of key global players across the pharmaceutical sector. Over the past few years, India is seen as a potential market for global pharmaceutical manufacturers and is now ready to transform into a global pharmacy hub. The various economic drivers and government policies like pharma parks, boosting the Biosimilars and biologics sector along with ancillary sectors, and reducing manufacturing costs are the key driving factors for the growth of the sector in the country. The 'Pharma Vision 2020' which was introduced to make India a global leader in end-to-end drug manufacturing has also boosted investments."
"The India Pharma Week stems from the proactive role it plays in driving key Governmental initiatives such as 'Make in India', 'Startup India, Stand Up India', and 'Skill India' connecting the global community to eke out solutions to challenges, and establishing superior standards within it. With the recent proposal by the Drug Controller General of India (DCGI) to make it mandatory for all employees in pharmaceutical manufacturing facilities to get skill certification, a notable congregation of industry experts and knowledge sharing, such as IPW provides becomes even more significant," he further added.
About the CPhI and P-MEC India Expo
Originating from CPhI Worldwide - CPhI India has become South Asia's leading pharma meeting place covering every step of the supply chain from drug discovery to finished dosage, encompassing CROs, CMOs and manufacturers of API, Generics, Excipients and Drug Formulation, Fine Chemicals, Biosimilars, Finished Formulations, Lab Chemicals and Biotechnology.
P-MEC, on the other hand, includes manufacturers of Pharma Machinery and Equipment, Analytical Equipment, Automation & Robotics, Packaging Equipment & Supplies, Plant / Facility Equipment, Automation & Controls, Processing Equipment, RFID, Tableting / Capsule fillers, Clean room equipment, Filling equipment and Laboratory products.
The pharma scenario in India
Renowned as the pharmacy of the world, the Indian pharma economy has been lauded for its rapid growth in recent decades. This has cooled down in recent years, but the industry is again growing strongly. Compounded annual growth is 17.6%; Indian pharma is expected to be worth 55 billion USD by 2020. In line with this, the life science sector in India is also expected to employ close to 3.5 million people by 2022, a 100% increase in under a decade. The Indian pharma industry owes its success to its bold, ambitious approach, history of innovation and an ability to constantly adapt to the dynamic global market.
Over the past five years, India has become the leading API and finished dose drug exporter to the Western markets and has rapidly moved up the pharmaceutical value chain. Drug approvals given by the US Food and Drug Administration (USFDA) to Indian companies have nearly doubled from 109 (2014-2015) to 201 (2015-2016), stimulating further growth in exports to the United States and Western economies. Additionally, the Indian government is now providing more support working hand-in-hand with its businesses to develop incentives to further boost growth.
More generally, the country is now rapidly emerging as a major contributor across the pharma supply chain from R&D through to generics.
Food and Pharma Specialities
"CPhI & P-MEC India provides a global platform for the Indian pharma industry to know and have the exposure of the latest technology available. In the past, Indian pharmaceutical decision makers had to travel to international exhibitions to get to know about new innovations on the technology front, CPhI & P-MEC India brings such information to Indian pharma's doorsteps," said Mr. Damanjit Singh, CEO, Food & Pharma Specialities.
Ms. Saloni Wagh, Marketing & Business Development - Asia Pacific, Supriya Lifescience, also shared her past experiences of the CPhI conference and said, "CPhI is one of the leading pharma events in the world where the entire industry comes together to discuss and get updated on the current trends, information and issues. CPhI Worldwide exhibitions do play an important role in our marketing strategy as it is a platform for us to meet all our customers from across the globe under one roof. It is also a great platform to launch new products and to identify potential customers."
"The CPhI & P-MEC India is almost like an oasis for the Pharmaceutical sector, giving the industry an opportunity to gather together under the same roof, thus making it a must attend event for the entire pharmaceutical community. A veritable melting pot for the entire Pharmaceutical industry, it becomes the most important event for us in our annual calendar, and thus a strong part of our marketing plan. On one hand it gives us access to the entire industry on one platform, and on the other hand, it helps us present ourselves as a vital link within the fraternity," said Mr. Ajay Mehra of ACE Technologies Group
About UBM India
UBM India is India's leading exhibition organizer that provides the industry with platforms that bring together buyers and sellers from around the world, through a portfolio of exhibitions, content led conferences & seminars. UBM India hosts over 25 large scale exhibitions and 40 conferences across the country every year; thereby enabling trade across multiple industry verticals. A UBM Asia Company, UBM India has offices across Mumbai, New Delhi, Bangalore and Chennai. UBM Asia is owned by UBM plc which is listed on the London Stock Exchange. UBM Asia is the leading exhibition organizer in Asia and the biggest commercial organizer in mainland China, India and Malaysia. For further details, please visit http://www.ubmindia.in.
About UBM plc
UBM plc is the largest pure-play B2B Events organiser in the world. In an increasingly digital world, the value of connecting on a meaningful, human level has never been more important. At UBM, our deep knowledge and passion for the industry sectors we serve allow us to create valuable experiences where people can succeed. At our events people build relationships, close deals and grow their businesses. Our 3,750+ people, based in more than 20 countries, serve more than 50 different sectors - from fashion to pharmaceutical ingredients. These global networks, skilled, passionate people and market-leading events provide exciting opportunities for business people to achieve their ambitions.
For more information, go to http://www.ubm.com; for UBM corporate news, follow us on Twitter at @UBM, UBM Plc LinkedIn
For any media queries please contact: UBM India Roshni Mitra firstname.lastname@example.org Mili Lalwani email@example.com +91-22-61727000
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