Sponsors - India Pharma 2020
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INDIA PHARMA 05th - 07th MARCH, 2020
The Event is organised by Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Govt. of India in association with Federation of Indian Chambers of Commerce and Industry at Mahatma Mandir, Gandhinagar, Gujarat, India from March 5-7,2020.
An initiative to increase overall growth of Pharma sector including exports and focus on increase of Domestic production in the sector by Government of India & FICCI, with the active participation from all Stakeholders.
Provide a platform to global investment community to connect with stakeholders in Pharma sector in India, Central and State Governments, leading business leaders and top executives from the industry, academics and experts from the world.
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INDUSTRY OVERVIEW
- Indian pharmaceutical sector accounts for about 2.4% of the global pharmaceutical industry in value terms and 10% in volume terms
- The sector increased at a CAGR of ~13% over 10 year period and is expected to grow at a CAGR of ~22% to reach USD 55 billion by 2020 (from 2015)
- By 2020, India is expected to be 6 th largest market globally
- Leader in exports: Exported products worth USD 15 billion in FY15 and exports are expected to reach USD 40 billion by 2020
- India accounts for 20% of global exports in generics, largest provider of generic medicines globally
- Attracted FDI worth USD 13.5 billion during January 2000 to December 2015 (5% of total FDI)
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