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The dynamic growth of Indian Pharma Industry, a knowledge based industry, and the recommendations of four major Pharma associations made the Ministry of Commerce & Industry to realize the need for separate export promotion council. Accordingly, Pharmaceuticals Export Promotion Council (PHARMEXCIL) has been set up on 12.5.2004. With its notification No.61 dt. 16.3.2005, Director General of Foreign Trade made Pharmexcil the sole agency to issue RCMCs to all Pharma exporters. The activities of the Council are administered by Committee of Administration consisting of representatives from major Pharma industries in India like J B Chemicals & Pharmaceuticals Limited, Suven Life Sciences Limited, Dr. Reddy's Laboratories, Aurobindo Pharma, Luipin, Ranbaxy, Novarties, Avantis, Ipca, Shasun, Sun Pharma, Zydus Cadila, Glowchem, Calyx etc., apart from Govt. officials from Central govt. and Govt. of Andhra Pradesh. Administrative support to the Council is extended by very rich experienced personnel from various fields like Govt. of India and Pharma industry.
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