Chief Minister invites Industry to make Investments in Pharma Sector
New Delhi, June 11, 2019: 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.”
Corporate Comm India(CCI Newswire)
