The expo features forward-thinking discussions on sustainability, digital transformation, and the future of pharma, with a special focus on empowering women in the industry.

New Delhi, November 26, 2024: The 17th edition of CPHI & PMEC India, organised by Informa Markets in India, India’s leading B2B events organiser, opened its doors at the India Expo Centre, Greater Noida, Delhi-NCR, showcasing the robust potential of India’s pharmaceutical industry. With the Indian pharma market projected to grow to USD 130 billion by 2030 and USD 450 billion by 2047, the event highlighted the industry’s vital role in shaping global healthcare. Bringing together over 2,000 exhibitors and 50,000 visitors from more than 150 countries, including the USA, UAE, South Korea, Japan, and the United Kingdom, the expo serves as a dynamic hub for innovation and collaboration. Spanning pharma machinery, packaging, analytical instruments, laboratory technologies, ingredients, and beyond, it offers a comprehensive platform for stakeholders to engage in transformative dialogues and foster strategic partnerships.

This year, the expo garnered strong support from prominent industry associations, including CIPI, FOPE (Federation of Pharma Entrepreneurs), IPEC India, and Pharmexcil, further cementing its status as a leading and highly anticipated event in the pharmaceutical industry.

Mr AVPS Chakravarthy, Global Ambassador, WPO, said, "The Indian pharmaceutical industry is demonstrating its innovative potential through advancements like Carticel therapy for cancer treatment and Nafithromycin, a groundbreaking macrolide antibiotic tackling drug-resistant pathogens. These innovations highlight India's dual strengths in affordability and efficacy, reaffirming its role as the 'pharmacy of the world.' Events like CPHI & PMEC India provide vital platforms for collaboration, showcasing progress in AI-driven drug inspection, sustainable packaging, and startup-driven innovations, propelling the industry towards a future of higher value creation and global leadership in both volume and value."

Dr Veeramani, Chairman, Pharmexcil, said “The Indian pharmaceutical industry stands as a global leader, exporting to over 200 countries and providing comprehensive solutions across APIs, finished dosages, clinical research, and pharmacovigilance. With platforms like CPHI showcasing India's capabilities, the sector is poised for transformative growth—from its current $55 billion to a projected $130 billion by 2030 and $450 billion by 2047. Innovations in biologics, specialty generics, and the impact of policies like the U.S. Biosecure Act underline the industry's potential to redefine healthcare solutions worldwide.”

Highlighting the significance of this year’s CPHI & PMEC India Expo, Mr Yogesh Mudras, Managing Director, Informa Markets in India, said, “The Indian pharmaceutical industry stands as a pillar of manufacturing excellence, scale, and research-led competitiveness. Having evolved into a vibrant sector, it now ranks 3rd globally in pharmaceutical production by volume and 14th by value, contributing approximately 1.72% to the nation’s GDP. India is among the top 12 global biotechnology destinations and the third largest in the Asia-Pacific region. This leadership stems from key advantages such as a low manufacturing cost, which is 30%-35% lower than in the US and Europe, cost-efficient R&D at 87% less than developed markets, and an abundant pool of skilled labor. These strengths position India as a formidable player in shaping the future of global healthcare. The CPHI & PMEC India expo acts as a catalyst in propelling the pharmaceutical industry’s progress, fostering transformative innovations, strategic collaborations, and impactful global synergies. We are also proud to have a Start Up Pavilion under the aegis of the expo, which showcases emerging pharma disruptors with cutting-edge solutions that challenge traditional approaches. This offers attendees a glimpse into the future of the industry.”

Mr Adam Anderson, Executive Vice President - Pharma, Informa Markets B.V, said “India’s pharmaceutical sector is stronger than ever, not only in raw ingredients but also in machinery and biopharmaceuticals. By 2027, biopharma is projected to account for 35% of the global market, positioning India as a leader. This growth extends across the entire supply chain, including contract manufacturing and packaging, providing India with tremendous opportunities as the industry continues to evolve. CPHI & PMEC India plays a crucial role in showcasing this transformation, bringing together key industry players and fostering innovation.” 

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