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Business Delegation to Colombia (Expo-Cum BSM) and BSMs in Brazil Guatemala and Honduras (3rd September 2018-14th September 2018)
 

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PXL/HO/Cir-011/2018-19                                                                               Dt: 31.05.2018

Hyderabad

 

 

Dear Sir/ Madam,

 

Subject: Register for Pharmexcil’s Business Delegation to Colombia (Expo-Cum BSM) and BSMs in Brazil Guatemala and Honduras (3rd September 2018-14th September 2018)

 

Members are kindly aware that LAC region presents huge opportunity for India’s pharma products. Pharmexcil has been actively organizing BSMs, IPHEX-LATAM and programmes to tap the market potential. Department of Commerce too has been actively exploring various markets and there are Joint Working Groups constituted to address the trade between India and countries in LAC.

 

Latin American and Caribbean (LAC) countries are undergoing an aging of their populations, which is accompanied by an increased burden of chronic conditions, and an increased demand for more complex and costly drugs. Most LAC countries fall into a middle-income category. Policies that promote universal coverage of health services (UHC) are now under discussion and medicines are part of the debate. On the other side, LAC countries especially the public sector, are consumers of imported medicines, which implies that pharmaceutical trading has been growing steadily.

 

India’s export to LAC is as follows:

India's Pharma exports in LAC  April- March $ mn

Region

Fy-17

Fy-18

Gr%

Contbn%

Change in Revenue

    LAC

992.82

1135.09

14.33

6.57

142.27

Exports of Formulations( Excluding vaccines)

LAC

509.95

631.31

23.80

5.15

121.36

Exports of Bulk drugs

LAC

347.58

359.22

3.35

10.15

11.64

Exports of  Vaccines

LAC

99.14

102.76

3.65

15.73

3.62

 

 

 

Pharmexcil proposes to mount a business delegation to the following countries in in LAC region as per the following schedule and programmes:

 

1

 Sao Paulo, Brazil

01/02 Sep 2018

Saturday/Sunday

Arrival of Delegation in Sao Paulo

3-Sep-18

Monday

BSM

4-Sep-18

Tuesday

Follow up meetings

5-Sep-18

Wednesday

Departure to  Bogota

2

 

 

 

Bogota, Colombia

5-Sep-18

Wednesday

Arrival of Delegation in  Bogota

6-Sep-18

Thursday

Expo-Cum -BSM

7-Sep-18

Friday

Expo-Cum-BSM

08/09 Sep 2018

Saturday/ Sunday

Departure to Guatemala City

3

Guatemala city, Guatemala

08/09 Sep 2018

Saturday/ Sunday

Arrival of Delegation in Guatemala City

10-Sep-18

Monday

BSM

11-Sep-18

Tuesday

Follow up meetings

12-Sep-18

Wednesday

Departure to Tegucigalpa

4

Tegucigalpa, Honduras

12-Sep-18

Wednesday

Arrival of Delegation in Tegucigalpa

13-Sep-18

Thursday

 BSM

14-Sep-18

Friday

Follow up meetings

15/16th Sep 2018

Saturday/ Sunday

Departure to India

 

Members’ may like to refer to the overall Import vis-à-vis imports from India

 

Total Pharma market $ mn

(BMI)

Total Generic market $ mn

(BMI)

Global imports formulations  $ Mn

(UN COMTRADE)

Imports from India $ mn

(UN COMTRADE)

Country

2016

2017

2016

2017

2015

2016

2015

2016

Brazil

21,540

20,870

4,583

3,253

6,446

6,371

247.15

218.45

Colombia

2,980

3,410

1,300

1,500

2,327

2,104

63.19

54.42

Guatemala

1,074

1,222

N/A

N/A

677

633

37.64

40.78

Honduras

467

456

N/A

N/A

N/A

457

N/A

32.48

 

 

Your participation in larger number in this Delegation and Expo-Cum-BSM in Colombia  is very crucial to the initiatives being taken by Ministry of Commerce and Pharmexcil to tap the opportunities in the market. This kind of platform will lead us to address all issues and challenges as well at a regional level.

 

Participation Details

Members may kindly note the following important points:

·   It is mandatory to participate in at least two countries.

·   Destinations can undergo change/cancelled subject to Our Embassy/ Missions advise in view of some unavoidable circumstances.

·   Hotel name and tariffs (In consultation with Indian Missions abroad) will be informed shortly and payment to be made by participating members directly.

·   Members can confirm their participation online on www.pharmexcil.comwith complete details as per given format. The link on www.pharmexcil.comwill be active 4th June 2018.

 

Participation Fee

 

Country

Event

Fee

Fee Includes

Brazil, Colombia, Guatemala and Honduras

BSM in three countries and Expo-CUM-BSM in Colombia

Rs.1,50000/-

·         BSM set up  in all destination

·         Made up Cubicles /stall in Colombia

·         Translation of profiles

·         Hotel Transfers from airport (In Group only for the Itinerary and Hotel suggested by Pharmexcil)

 

Assistance to Participants

 

Participating companies can avail upto Rs. One Lakh towards airfare (to and fro economy) subject to eligibility norms under the revised  MAI scheme.

 

Last date

 

Interested members may please confirm the participation by 25th June 2018 and send payments through DD in favor of Pharmaceuticals Export Promotion Council of India, payable at Hyderabad) by 25th June 2018.

 

For any clarifications, members may contact us at rodelhi@pharmexcil.com; 011-45062550, 9310423517

 

Thanking you,

Yours sincerely,

 

Uday Bhaskar

Director General