PXL/HO/Cir-077/2024-25                                                                            Date: 15.01.2025

Hyderabad

Pharmexcil wishes it's members a Happy Pongal

Subject: Register your Participation: Pharmexcil Business Delegation (physical) to Vietnam, Philippines and Malaysia during 03.March 2025 to 14 March 2025 (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 Vietnam, Philippines and Malaysia during 03.March 2025 to 14 March 2025. The Delegation visit and its dates have been shared with the Missions and received in principle confirmation.

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$ 27.84 billion in FY24. ASEAN region  offers great potential for Indian pharmaceutical products and our exports during the FY 2023-24 is USD 1661 mn contributing about 6 % of the total pharma exports from India.

ASEAN is one of the major importers of Indian generic medicines with an approximately USD 15 BN generic market. Considering the nature of the region falling into the Focus area for pharmaceutical exports from India and to accomplish the ambitious target of USD 29.39 bn and also to brand India pharma, Pharmexcil proposes to organize a Business Delegation (physical) to Vietnam (03-04.Mar.2025) (Ho Chi Minh City), Philippines (06-07.March 2025)(Manila) and Malaysia (10-11.Mar.2025) (Kaula Lumpur). A tentative schedule is attached for your kind reference.

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.

We are also reaching out to Mission in Laos to explore the possibilities of adding it as Fourth country.

PARTICIPATION DETAILS:

• Participation fee is Rs.60,000/-for BSM in all three countries. Participation fee includes BSM set up at all Destinations. Participation in any two countries is mandatory. In case of addition of fourth country by Council, an additional fee of Rs.20,000 is required to be paid.
• Members are required to submit a mandatory Registration form via google form (link) with complete details as per the provided format latest by 27th Jan.2025.
• On the submission of the Registration form, you are required to pay INR 80,000 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.
• The suggested Flight itinerary, Hotel names and tariffs (in consultation with Indian Missions abroad) will be communicated in due course. All three countries offer E-visa for delegates from India.
• 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 90,000/- per company.

We therefore request you to kindly register your participation to join the Business Delegation to enable Pharmexcil 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

Click here to Register : https://forms.gle/D3X9NgaJWnepYmZ76

Thanking you,

With regards,

Raja Bhanu
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