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PXL/HO/Cir-106/2019-20 Dt: 07.02.2020
Hyderabad
Dear Sir/Madam,
Subject: Pharmexcil’s Business Delegation to Belgrade, Serbia - 5-6th March 2020
We are glad to inform you that Pharmexcil in coordination with the Embassy of India, Belgrade is organizing a business delegation to Belgrade, Serbia during 5 – 6th March 2020.
Embassy of India in Belgrade has analyzed the Serbian market and finds immense opportunities emerging for Indian pharma companies and therefore it has invited a business delegation to meet the potential buyers/importers/distributers. Further Embassy will also organise meetings with Regulatory and Government Procurement agencies.
Serbia is a USD 777 million generic market with fairly good production. India is 19th largest Importing partner of Serbia. An overview of India’s pharmaceuticals export to Serbia during last three years is as below for your reference:
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India Pharma exports to SERBIA by Category in USD Million
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Category
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2015-16
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2016-17
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2017-18
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2018-19
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Gr%
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Bulk Drugs & Drug Intermediates
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2.81
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4.35
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6.24
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7.50
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20.16
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Drug Formulations & Biologicals
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3.06
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4.81
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4.19
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3.63
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-13.47
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Ayush
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0.00
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0.01
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0.02
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0.07
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244.59
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Herbal Products
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0.03
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0.05
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0.06
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0.04
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-38.22
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Surgicals
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0.30
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0.43
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0.46
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0.55
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19.44
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Vaccines
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0.00
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0.16
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0.14
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0.19
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34.69
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Total
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6.20
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9.81
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11.12
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11.98
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7.70
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Top Ten Importing Partners of Serbia $ Million
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Rank
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Country
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2015
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2016
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2017
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Gr%
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Share%
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1
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Germany
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108.4
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116.21
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135.95
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16.99
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18.15
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2
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France
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70.01
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84.7
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92.46
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9.17
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12.35
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3
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Hungary
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59.93
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63.6
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73.47
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15.52
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9.81
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4
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Switzerland
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59.15
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49.35
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66.01
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33.75
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8.81
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5
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Slovenia
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34.3
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32.51
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40.1
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23.36
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5.35
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6
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Austria
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28.48
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22.76
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38.05
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67.17
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5.08
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7
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Belgium
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33.24
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23.86
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30.72
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28.76
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4.1
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8
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Italy
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22.24
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24.68
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30.72
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24.49
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4.1
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9
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Malta
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4.06
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4.18
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25.68
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514.7
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3.43
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10
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United Kingdom
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14.98
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17.12
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25.67
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49.9
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3.43
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11
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India
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7.27
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7.93
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7.7
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-2.84
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1.03
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World
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607.04
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602.24
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748.96
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24.36
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100
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Participation Charges:
In view of the emerging opportunities and request of our Embassy in Belgrade, we take this opportunity to request for confirming your participation in the business delegation.
There are no participation charges.Members are required to bear their travelling and accommodation charges on their own. The B2B and other related arrangements will be made by the Embassy and Pharmexcil.
Interested member companies are required to confirm their participation by sending an email on rodelhi@pharmexcil.comlatest by 20th February 2020.
For any further clarifications and guidance in this regard you may like to contact Dr Abhay Sinha on 9310423517; rd.aks@pharmexcil.com
With regards
Uday Bhaskar
Director General
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