New Delhi, November 22, 2023: Marking the 16th year of unparalleled success, the CPHI & PMEC India Expo, orchestrated by Informa Markets in India, India’s preeminent B2B event organizer, is gearing up for a triumphant return. As the largest and most exhaustive pharmaceutical industry event in South Asia, this signature expo is slated to unfold from November 28th to November 30th, 2023, at the India Expo Centre in Greater Noida, Delhi.
A Gateway to the Global Pharmaceutical Landscape
By embracing modernisation, CPHI & PMEC India stands as the conduit to the global supply chain, converging diverse elements under one expansive roof. The event, along with its ancillary programmes, spotlights technological strides pivotal in propelling India’s pharmaceutical machinery, technology, and ingredients sectors. The Indian pharmaceutical industry, on the brink of significant expansion, eyes a projected CAGR of 13%, eyeing a market value of $102.7 billion (INR 8.5 lakh crores) by 2028.
Uniting the Pharmaceutical Ecosystem
Once again, the expo aims to serve as a marketplace that connects various elements of the industry, including knowledge, technologies, and market opportunities. CPHI & PMEC India are anticipated to host over 1500 exhibitors and attract more than 45,000 visitors from over 150+ countries during the 3-day event. This provides a unique opportunity to directly engage with high-ranking pharmaceutical executives, buyers, procurement managers, contract manufacturers, hospital administrators, as well as representatives from National and State Regulatory Boards and policymakers. The expo serves as a platform for these stakeholders to come together, conduct business, and explore innovative solutions to address economic uncertainties and domestic trade challenges in India.
Exploring a Multitude of Opportunities
CPHI & PMEC India offer a gateway to explore a multitude of opportunities and establish successful business relationships with numerous participating companies and industry leaders. Notable exhibitors at the event include Dr. Reddy’s Laboratories Ltd, Biocon Ltd, Glenmark Lifesciences Ltd, Hetero Labs Limited, ACG, IMA Industria Macchine Automatiche S.P.A, Fette Compacting Machinery India Pvt. Ltd. Ace Technologies & Packaging Systems Pvt. Ltd, DPB Antibiotics, Lee Pharma, Omniscient Health, hcare Pvt Ltd, Venkata Narayana Active Ingredients Pvt Ltd, Unilab Chemicals and Pharmaceuticals Pvt Ltd, and many others. They will exhibit products pertaining to AI-enhanced quality control, the latest technology, advanced drug delivery systems, sustainability initiatives, and pharmaceutical packaging innovations, fostering partnerships, collaborations, and industry advocacy.
Industry Endorsement and Support
This year, the expo continues to enjoy substantial support from key industry associations such as BDMA (Bulk Drug Manufacturing Association), FOPE (Federation of Pharma Entrepreneurs), KDPMA (Karnataka Drugs and Pharmaceuticals Manufacturers’ Association), OPPI (Organisation of Pharmaceutical Producers of India), and Pharmexcil (Pharmaceutical Export Promotion Council) solidifying its reputation as the industry’s most promising show.
Speaking about the announcement of this year’s CPHI & PMEC India Expo, Mr. Yogesh Mudras, Managing Director, Informa Markets in India said “In 2023, the Indian pharma industry is experiencing the ‘Rise and Rise of India’— a perfect blend of a strong domestic manufacturing base, increasing innovation, and robust government support. With objectives laid down during the G20 presidency, the industry in India is poised to scale to US$ 65 billion by 2024 and surpass US$ 130 billion by 2030, driven by heightened pharmaceutical innovation, technological advancements, and a focus on breakthrough products. A vaccine manufacturing powerhouse, India leads by supplying over 60% of global vaccine demand. The future involves a growing production capacity, collaboration with private players, and a commitment to training 30 million professionals in digital skills by 2026.
Over the past 15 years, The CPHI & PMEC India expo has aligned with the purpose and focus of the pharma industry. As part of the world’s largest global pharmaceutical community, It symbolizes the inspiring journey from a conventional trade show to a platform that not only expands business opportunities but also fosters real-time insights, positioning us at the forefront of global pharmaceutical developments. Within its realm, the India Pharma Week includes strategic avenues that provides a unique space for leaders to ideate on innovation, growth, direction, sustainability, and other crucial factors shaping the industry’s future,” he added.
A Comprehensive and Engaging Event
The CPHI & PMEC India Expo includes the esteemed ‘India Pharma Week,’ a series of exclusive events crafted to captivate industry leaders and experts through diverse formats. Among these events, the Pharma Leaders Golf stands out as an occasion where approximately 40 esteemed pharma leaders convene for informal networking while enjoying a round of golf at the renowned Jaypee Wishtown Golf Course. This event creates a relaxed environment that facilitates connectivity and relationship building among industry professionals. The Pre-Connect Congress, a one-day gathering, attracts 150 pharma professionals and features 20 distinguished speakers. The congress focuses on critical discussions pertaining to smart manufacturing, innovations in pharmaceutical research and development, strategies for enhancing innovation, and attracting skilled professionals, among other relevant topics. The Pharma Leaders Roundtable is an exclusive, closed-door event that brings together senior leaders from prominent pharma companies. It serves as a strategic platform for thought-provoking discussions on strengthening pharmaceutical innovation, addressing unmet clinical needs, and embracing the possibilities offered by the next generation. The Women in Pharma event is a half-day program dedicated to uplifting female representation and fostering diversity within the Indian pharmaceutical landscape. It concentrates on formulating strategies and initiatives that empower women professionals in the industry. Pharma Talks serves as a hub for knowledge sharing, providing a platform to discuss new solutions, innovations, country-specific sessions, mergers and acquisitions, and sustainability in the pharmaceutical sector.
Finally, the 10th edition of the India Pharma Awards acknowledges and celebrates excellence and innovation within the pharmaceutical space. This prestigious platform recognizes outstanding pharma brands for their notable contributions to the industry.
In summary, the CPHI & PMEC India Expo, in conjunction with the India Pharma Week events, offers a comprehensive array of networking opportunities, discussions, and platforms for recognition. This collective endeavour establishes it as the paramount event for industry professionals to remain abreast of the latest trends and advancements within the pharmaceutical field in India.
Corporate Comm India (CCI Newswire)
