India's pharma industry is about to launch the next stage: A recent study shows that several small and medium sized companies (SMEs) are on the brink of becoming global players in Asian and South American pharma markets.
The contribution of the chemical industry towards Indian economy is high. With the efforts by the Government of India along with collaborative approach of the industry, it is expected to grow further. Here are the major trends that analysts expect for chemical companies in India in 2015 and beyond...
The trade fair duo drink technology India and International PackTech India were extremely successful with a visitor increase of 37 per cent. Held from September 25–27, 2014, around 10,250 trade visitors came to the Bombay Convention & Exhibition Centre, Mumbai to obtain information about solutions for the international packaging, package printing, processing, beverage and food industries.
The Government of India is keen on having an environmental-friendly power generation methods. As a result of this, a memorandum of understanding (MoU) has been signed to set up a joint venture company towards undertaking the First Demonstration Offshore Wind Power Project in the country along the Gujarat coast.
Throughout centuries the one thing that has prevailed is man and his love to eat and drink. Technologies have emerged that help people world over enjoy delicacies not only manufactured in different parts of the world but also be able to store the food for longer periods of time. To showcase India’s caliber in this sector, CII has organized the Food & Bev Tech show, which aims to provide a platform that will propel India in becoming a major global player in the processed food sector and in making the country ‘the food factory of the world’.
Orienting on the facets of Green Chemistry and Engineering, Director API-R&D, Dr Reddy’s Laboratories, India, Dr Rakeshwar Bandichhor details why its practice is encouraging and elaborates the significance of academic-industry partnership for a healthy, innovative environment in the Indian pharma sector. Excerpts of the interview…
After 20 years, the Mangalore Refinery and Petrochemicals plant, set up 1993, was ripe for an upgrade. Phase III of the site developed was designed around process enhancements and cost efficiency measures that should help the aging plant to kick into the next gear. The technolgy that brought about the change was automation.
Drink technology India (dti) and International PackTech India are entering into the third year of their successful association, highlighting the latest technological advancements catering to the beverage and food industry.
The Indian plastics industry is at par with its global counterparts. It has been growing at an increased pace despite challenging economic conditions. President, PlastIndia Foundation and Managing Director, Kadakia Plastics & Chemicals, Subhash K Kadakia talks about the industry and how it can boost the growth of other sectors in the country... Discover the views of an industry stalwart on the current scenario of the plastics industry!
McKinsey analysis secondary research According to the report, ‘India Pharma 2020’ published by McKinsey & Co Inc, the Indian pharmaceutical market is expected to grow to US $ 55 billion by 2020, from a market size of US $ 12.6 billion in 2009, with the potential to reach US $70 billion in an aggressive growth scenario.