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DoP declares 2015 as ‘Year of Active Pharmaceutical Ingredients’

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BDMA in association with DoP, GoI will conduct a number of programmes in New Delhi on February 4

Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers, Government of India under ‘Make in India’ programme has decided to declare the year 2015 as ‘Year of Active Pharmaceutical Ingredients.’ It has also been decided that Bulk Drug Manufacturers Association (India) (BDMA) will be the nodal agency to organise various activities throughout the year under the banner to project India as a major API producer globally.

BDMA in association with DoP will conduct following programmes. The ‘2015 – The Year of Active Pharmaceutical Ingredients’ programme will be conducted in New Delhi on February 4, 2015 at Lakshmipat Singhania Auditorium, PHD Chamber of Commerce and Industry, SIRI Institutional Area, August Kranti Marg.

The Minister of Chemicals and Fertilizers, Government of India will be the Chief Guest. The event will be addressed by presidents of BDMA, Indian Drug Manufacturers’ Association (IDMA), Indian Pharmaceutical Association (IPA) and Pharmaceuticals Export Promotion Council of India (Pharmexcil) followed by Secretary, Dept of Pharma, Secretary Ministry of Commerce and Drugs Controller General (India). The chief guest will address the delegates. Interactive sessions will be conducted with the minister and the manufacturers of bulk drugs.

Announcement of policy on bulk drugs are likely to be done in March 2015 by the Ministry of Chemicals & Fertilizers, Government of India. Meetings are fixed with the state health and industry ministers, senior government officials and stakeholders at Hyderabad in May/June 2015, Ahmedabad in July/ August 2015, Mumbai in September/October 2015 and Bangalore in November/December 2015.

Under the ‘Make in India’ initiative, it is expected that the government will introduce many industry-friendly policies and incentives to give a major thrust to the growth of Indian bulk drug industry to make it a formidable force globally.

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