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Pharma Business Delegation to Vietnam, Philippines (Expo cum BSM) & Cambodia during February(last week) / (1st Week of) March 2020
 

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PXL/HO/Cir-094/2019-20                                                                      Dt: 01.01.2020

Hyderabad

 

 

 

Dear Sir/Madam,

 

Pharmexcil wishes its members a very Happy and Prosperous New Year 2020!

 

Subject: BLOCK YOUR DIARY: BSM / Pharma Business Delegation to Vietnam, Philippines (Expo cum BSM) & Cambodia during February(last week) / (1st Week of )March 2020. (MAI Assistance available)

 

We are glad to inform member companies that Pharmexcil is proposing to organize BSM / Pharma Business Delegation to Vietnam, Philippines and Cambodia during February(last week)/(1st Week of )March 2020.

 

The delegation is proposed to visit these countries as an approved activity under the MAI activity of the Council. During Financial year 2018-19, India has exported USD 1310 mn worth of Drugs & Pharmaceuticals to the ASEAN region with a growth rate of 10.89 %.

 

COUNTRY

2017-18 (USD mn)

2018-19(USD mn)

Growth %

VIETNAM SOC REP 

226.29

245.09

8.31

PHILIPPINES 

216.72

240.02

10.75

CAMBODIA 

39.5

47.56

20.41

 

 

The exports to these countries are showing growth and there is also good scope for exploring these markets.

 

ASEAN is around $ 11.4 Billion generic market. Its major players being Indonesia, ($ 3.1 billion generic market), Vietnam ($2.9 billion generic market), Thailand ($2.4 billion), Philippines( $1.5 billion) and Malaysia( $ 0.9 bn) and the rest is shared by others. Out of the above, around $ 9.0 billion is produced in those countries. India has an opportunity of $2.4 billion which is the estimated imports of generics of this region.

 

MAI SUPPORT:

 

Members whose export turnover during the previous financial year is less than/upto Rs.30 crores and who have completed one year of membership will be eligible for assistance under new MAI scheme up to a maximum of Rs. 70,000/- towards air fare, subject to other conditions of new MAI scheme and approval by Ministry. The reimbursement of airfare is permissible only to the regular Director/Partner/Proprietor of the Company (any one).

 

Following are the points which may please be noted:

 

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

·      Approximate cost of the flight ticket would be around Rs.70,000/-  by Thai and Singapore Airlines. We would be intimating the Hotel venue and charges in our next circular.

 

We now request the members to please block their diary for this important programme. The details of costing of BSM participation and Stall cost is being worked out and shall be communicated by 9th January 2020.

 

For further details, Members may contact Mr. Murali Krishna, Joint Director at dd.smk@pharmexcil.com Tel: 040-23735462/64/66.

 

Thanking you,

 

With best regards,

 

Udaya Bhaskar

Director General
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