PXL/HO/Cir-064/2023-24                                                                            Date: 29.09.2023

Hyderabad

Subject: Register your Participation: Pharmexcil Business Delegation (physical) to Kenya, Ethiopia and Nigeria during 15.Nov.2023 to 24.Nov.2023 (MAI assistance available)

We would like to bring to your kind notice that Pharmexcil with the support of the Ministry of Commerce & Industry, Government of India is organizing Business Delegation to Kenya, Ethiopia, and Nigeria during 15.Nov.2023 until 24th Nov.2023. The delegation visit and its dates have been confirmed by the India Mission in Kenya. Ethiopia and Nigeria.

The delegation is planned to visit these countries as an approved activity under the MAI activity of the Council. India’s drugs and pharmaceutical exports stood at US$ 25.39 billion in FY23. Africa is one of the major importers of Indian generic medicines with an approximately USD 12 BN generic market. AFRICA offers great potential for Indian pharmaceutical products and our exports during the fy 2022-23 is USD 3651 mn contributing about 14.30 % of the total pharma exports from India.

Considering the nature of the region falling into the focus area for pharmaceutical exports from India and the potential for Generics and APIs, Pharmexcil proposes to organize a Business Delegation (physical) to Kenya (Nairobi), Ethiopia (Addis Ababa), and Nigeria(Lagos) during 15.Nov.2023 until 24th Nov.2023.

The delegation is also planning to visit Benin on 23.Nov.2023 and delegates from neighbouring francophone countries are also being proposed to invite as part of the business delegation.

As part of the Business Delegation, Buyer Seller Meets will be organised at each country along with meetings with the Regulatory officials and prominent trade associations. The details of the BSM schedule and other meetings will be shared soon.

PARTICIPATION DETAILS:

• Participation fee is Rs.75,000/-for BSM in all four countries. Participation fee includes BSM set up at all Destinations. Each additional delegate joining from the same company is required to pay Rs.25,000/-
• Members are required to submit a mandatory Registration form via google form (link) with complete details as per the provided format latest by 09th Oct.2023.
• On the submission of the Registration form, you are required to pay INR 75,000 in favor of “Pharmaceuticals Export Promotion Council of India” and share the payment details with accounts2@pharmexcil.com(Bank Details given below).
• Members may please note that confirmation of your participation is based on receipt of the payment on or before 09.Oct.2023
• The suggested Flight itinerary, Hotel names and tariffs (in consultation with Indian Missions abroad) will be communicated in due course.
• Destination can undergo change/modifications/cancelled subject to our Embassy/Missions advice in view of unavoidable circumstances pertaining to the travel restrictions.
• Participation fee is non-refundable and can be refunded only if the event is cancelled due to unavoidable circumstances at the instance of our Mission/Council

MAI ASSISTANCE:

Members whose export turnover during previous year are less than Rs.50.00 crores and are having minimum of one year (12 calendar months) membership with the council are eligible for MAI assistance subject to the other guidelines of MAI scheme. Under the scheme Director/Partner/Proprietor/Senior Managers can avail reimbursement of economy class airfare subject to a maximum of INR 1,50,000/- per company.

We therefore request you to kindly register your participationto join the Business Delegation to enable Pharmexcil to make necessary arrangements for Visa and travel for the Business Delegation.

For more information /further clarifications, members may write to us at dd.smk@pharmexcil.com

Thanking you,

With regards,

Uday Bhaskar

Director General

NEFT/RTGS details

Name : Pharmaceuticals Export Promotion Council of India

Bank Name: Union Bank of India

A/c.No. 510131000001693 , A/c. type: Current Account IFSC: UBIN0805220

Note : For GST tax invoice please contact accounts2@pharmexcil.com