All Roads Lead To Greater Noida
 

Financial Express
Our Bureau
07 September, 2005

The fundamentals are looking stronger than ever before for the Indian pharmaceutical market. The total Indian pharma market is valued at Rs 24000 crores. The export turnover stands at Rs. 14000 crores. In terms of volumes, India ranks 4th in the world representing 8% of the global volume. India manufacturers over API's & over 60,000 formulations in 60 therapeutic categories. India also has the unique distinction of having more than 70 USFDA plants & 200 units testified for international GMP.

These are not simply awesome statistics but also bring out the immense potential that India has, to grow into a major pharma hub, in the near future. According to a Mckinsey report, the domestic Indian pharma market could grow to US$25 billion, by the year 2010.

Messe duesseldorf & its Indian subsidiary - CIDEX Trade Fairs is organizing PHARMA INDIA 2005 & BIOTEC INDIA INTERNATIONAL 2005. The event is being actively supported by IDMA, one of the most respected industry association, in India & to be held parallel to INTERKAMA India, at the IEC, Greater Noida (near Delhi). 1st to 3rd Oct.'05. Concurrent to the exhibition a two-day conference will be organized by ISA on "Harnessing technology for emerging Economy". The event has already attracted key players from the pharma machinery, analytical instruments, packaging machinery, clean rooms, testing instruments, bio-process equipment, consumables, biotech services, control software & safety equipment. Some of the leading names that have already confirmed are Toshyin Analytical, Schneider, Spraying Systems, Techno four, Atlas Copco, Advanced Biotec, Tranasia Biomed, Advance Chemistry Development, Thermolab, Remi Sales, Newtronic, Niulab, Gordhandas Desai, wika Inst. Ace Instruments & a host of others. A very well planned visitor promotion campaign is also being implemented with special emphasis on areas with a greater concentration of pharmaceutical & biotech companies like Baddi in H.P., Vizag, Pune, Lucknow & Hyderabad. Major states like Punjab, U.P., Gujarat, Maharashtra, A.P & Karnataka are also being targeted in a big way.