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International Business (BSM) & Regulatory Meet during 20-22nd August 2018 at Shanghai, China
 

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PXL/HO/Cir-025/2018-19                                                                               Dt: 02.07.2018

Hyderabad

 

 

Dear Sir/Madam,

 

Subject: International Business (BSM) & Regulatory Meet during 20-22nd August 2018 at Shanghai, China

 

Members are kindly aware, China is an important partner for India in the trade of Pharmaceuticals and reliance on China is very high for API/KSMs/Intermediates and India could export formulations to China marginally. Council represented the issue of delay in product registrations and market access for India pharmaceutical products and services.

 

During the recent visit of our Hon’ble Prime Minister, Shri Narendra Modi, the subject of trade imbalance has been raised and requested Chinese side for market access of pharmaceuticals from India.

 

In continuation of the efforts by Ministry of Commerce & Industry, Council with a view to take these discussions further, organising International Business and Regulatory Meet in the month of August 2018 at Shanghai, China.

 

Looking at the trade potential, India has exported USD 200 mn exports during the year 2017-18 with a growth rate of 37% over 2016-17.

 

India’s Export of Pharmaceuticals to China(in USD mn)

Category

2016-17

2017-18

GR%

contbn%

Bulk Drugs and Drug Intermediates

103.85

153.98

48.27

76.99

Drug Formulations and Biologicals

17.35

26.26

51.39

13.13

Ayush

0.59

0.58

-0.46

0.29

Herbal Products

5.31

9.39

76.65

4.69

Surgicals

12.52

9.29

-25.77

4.65

Vaccines

5.83

0.50

-91.34

0.25

Total

145.45

200.02

37.52

100.00

 

 

The market opportunities present in China is huge and our request for market access for pharmaceuticals from India is also considered positively.

The dates for the event are 20-22nd August 2018 and the programme outline for your ready reference and kind information:

 

Date

Programme

19.08.2018

§  Arrival at Shanghai

20.08.2018

§  Seminar of India-China Business Opportunities and update on CFDA Regulatory procedures (first half of the day)

§  Buyer Seller Meet (second half of the day)

21.08.2018

§  Buyer Seller Meet (full day)

§  Meetings with Pharma Trade Associations

22.08.2018

§  Follow up of Meetings

§  Meetings with Ministry of Health

23.08.2018

§  Leave for India

 

 

Assistance to the participants:

 

Subject to the approval and release of finances by  Ministry of Commerce, Govt. of India and also other rules of MAI scheme, members whose export turnover for the previous year is less than Rs.30 crores and has 12 Months of membership with the Council, will be eligible for financial assistance to the extent of Rs. 70,000 towards travel expenses.  MAI application & claims forms. 

  

The assistance is available for first 25 member companies registering for the event, due to limited fund availability.

 

We would be soon sharing the venue details and related modalities. This mail should enable you to block your diary and participate in large numbers. These facilitation services can be organized successfully only due to your participation.

 

Members interested in participating in the Business meet (BSM) are requested to confirm their participation by 6th July 2018 to Mr.Murali Krishna, Joint Director at dgdesk@pharmexcil.comby paying Rs.25,000 towards registration fee and oblige.

 

We look forward to your active participation.

 

With best regards,


Uday Bhaskar
Director General 

 

Encl:

MAI FORMS

Online MAI Application

 

TERMS & CONDITIONS OF PARTICIPATION:

1.  The amount paid towards registration fee is non-refundable.

2.  The registration fee will be refunded only in case, the Council cancels the event due to unavoidable circumstances.

3.  The registration fee of Rs.25,000 is per delegate and the same please be paid online or by DD/Cheque in favour of Pharmaceuticals Export Promotion Council of India, Hyderabad.
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