PXL/HO/Cir-008/2022-23                                                                            Date: 04.05.2022

Hyderabad

Subject: Business Delegation to LATAM: Colombia, Bolivia, Peru & Brazil (23^rd July – 6^th August 2022)

We have pleasure in informing you that Pharmexcil proposes to organize a Business Delegation to Colombia, Bolivia, Peru & Brazil during 23^rd July – 7^th August, 2022 with support of the Ministry of Commerce and Industry, Government of India.

The tentative program schedule proposed for the delegation as below: 

 (The final dates are subject to confirmation from our respective missions and may change, as required)

Exports to proposed Destinations:

An overview of India’s pharmaceuticals export to destination countries during the last three years in million USD is as below for your ready reference:

PARTICIPATION DETAILS:

Registration: 

Members are requested to submit the mandatory Registration form via google form( https://forms.gle/882ZDReYpfNcg5LHA ).

Participation Fee (Non-Refundable)

Post submission of the Registration form, you are required to pay the participation fee ofINR 2,00,000/- in favor of “Pharmaceuticals Export Promotion Council of India” and share the payment details with accounts2@pharmexcil.com . (Bank details enclosed).

Participation fee includes BSM set up at all Destinations, local transfers, Translation of your company profiles & Common 2 or 3 interpreters wherever required for Government meetings, Regulatory meetings, presentations etc.

Participation fee is Non-refundable. The amount is refunded only if the event is canceled due to unavoidable circumstances at the instance of our Mission/Council.

Timeline:

Deadline for payment is 13^th May 2022. Members may please note that confirmation of your participation is based on receipt of the payment only.

Travel & Logistics:

The suggested Flight itinerary, Hotel names and tariffs (in consultation with Indian Missions abroad) will be communicated in due course.

Member companies are required to secure their business visas and make their reservations directly. The council will arrange required visa invitations from destination countries and issue visa recommendation letters for the participating Indian delegates.

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 MAI scheme Director/Partner/Proprietor/Senior Managers can avail reimbursement of economy class airfare subject to a maximum of INR 1, 25,000/- per company.

Note:

·Participation at 3 destinations is mandatory to claim MAI assistance.

·Destination can undergo change/modifications/canceled subject to our Embassy/Missions advice in view of unavoidable circumstances.

·For any further clarifications, members may contact us at rodelhi@pharmexcil.com  ; 011-41536658, 9654438137

Regards

Uday Bhaskar

Director General

Bank Details - The payment may be made by NEFT/RTGS as per details below:

Beneficiary name           : Pharmaceuticals Export Promotion Council of India

Bank Name                        : Union Bank of India

Current A/c. No               :  510131000001693

IFSC Code                           :  UBIN0805220