Pharma Pro & Pack 2016 unveils in Mumbai
Aadhira Anandh The 4th edition of Pharma Pro &Pack Expo 2016, an international exhibition for Pharma’s technology and trade was unveiled on 27th April in Mumbai. The event is being organized by India Pharma Machinery Manufacturers Association (IPMMA) and GPE Exports Pvt. Ltd. Hosted in association with the EEPC India and PHARMEXCIL, the expo largely concentrates on the Indian Pharma engineering and the Indian Pharmaceutical Industry. The expo provided a common platform for trade opportunities to MSME’s on both national and international levels. Simultaneously in another part of the exhibition ground Pharma Lab Expo 2016, an international exhibition of total pharma manufacturing technologies was organized. It focused on providing the experience of new technologies to the pharma buyers and sellers in the industry. The ...
Indian pharma exports to grow at 5% in 2016-17
The growth estimate has been revised down from 10%-12% to 5% for the current fiscal due to increased regulatory actions faced by Indian drug makers The Dollar Business Bureau India Rating and Research has revised the pharma sectors outlook for FY17 to stable from positive and said it expects muted export revenue growth and stable domestic revenue growth during the year Indian pharmaceuticals exports, embattled with increased global regulations and depreciation of emerging market currencies, are expected to grow at a modest pace of 5% during the financial year 2016-17, a report has said. The domestic pharmaceutical market is likely to sustain the recently gained momentum of 13%-15% growth rate. However, the market will remain exposed to any expansion of the price control ...