INDIA PHARMA, 2021

The Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, Government of India, along with the Federation of Indian Chambers of Commerce & Industry (FICCI) has been actively working towards growth of Pharma & Medical Device sector.

Since the objective has always been to encourage and bring forward best technology solutions and manufacturing, therefore, Department of Pharmaceuticals announced India Pharma & India Medical Device series of events which is an annual activity.

The 6th edition of International Conference on Pharmaceutical & Medical Device sector i.e. INDIA PHARMA 2021 & INDIA MEDICAL DEVICE 2021 is scheduled from 25-26th February, 2021 & 1-2 March, 2021.

Special focus during the 6th edition of India Pharma & India Medical Device would be the Global Investors Meet by Invest India.

CONCURRENT EVENT

India Medical Device 2018

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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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