Pharmexcil - Part I

Author: 
manthan.janodia
Thursday, August 20, 2009 - 14:24

Dear Friends,
Today i would like to share with you another aspect of pharmaceutical industry. I am going to give you a brief insight of Pharmexcil.
Pharmexcil is basically Pharmaceutical Export Promotional Council. Indian Pharma Industry has made rapid strides in last couple of decades. The exports from India are increasing including Pharmaceutical products. Until recently there was no separate department or council that guided or provided information on pharmaceutical exports. With a view to provide assistance to industry with respect to export of pharmaceutical products, Pharmexcil was established. Pharmexcil is basically carved out from Chemexcil (Chemical Export Promotion Council. Prior to formation of Pharmexcil, information related to export of pharma products was managed by chemexcil.
Pharmexcil was set up in the year 2004.
More information regarding pharmexcil in next blog.
Watch this space for more information.

Topic: 
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Comments

SUPRIYA VAVILAPALLI's picture

SUPRIYA VAVILAPALLI

Thu, 08/20/2009 - 14:36

Hearing about it for the first time sir that sounds very interesting .Waiting for u r nxt blog..............

Supriya vavilapalli

THE COGNITIVE MOLECULES

http://www.pharmainfo.net/supriya-vavilapalli

manthan.janodia

Thu, 08/20/2009 - 17:27

Dear Supriya,
I shall provide more details in the next blog.

Blogbusters Manthan D.Janodia
vbsishwarya's picture

vbsishwarya

Thu, 08/20/2009 - 14:51

Dear sir
Informative blog.....rare inf too
Pharmexcil- Pharmaceutical Export Promotional Council is dept based on exporting of medicines so any tax or excise duties are required to pay?

Thank you
Aishwarya

Regards V.B.S.Aishwarya CREATIVE DIVISION RCP http://www.pharmainfo.net/og/rcp/soldiers-rcp

manthan.janodia

Thu, 08/20/2009 - 17:26

Dear Aishwarya,
Pharmexcil is a department that supports and provides necessary assistance to small and medium size pharmaceutical companies with regard to exporting medicines. No excise duty or tax is required to pay but the department provides necessary information to the companies with respect to these matters.
Companies have to become member of Pharmexcil to get support from the council.

Blogbusters Manthan D.Janodia
sirisha's picture

sirisha

Thu, 08/20/2009 - 15:51

sir..
Your post is quite informative..Hope to see more interesting blogs from your side.

Sirisha Pingali

http://www.pharmainfo.net/sirisha

manthan.janodia

Thu, 08/20/2009 - 17:27

Dear Sirisha,
Thanks a lot for your comments.

Blogbusters Manthan D.Janodia
majumdarshiv's picture

majumdarshiv

Fri, 08/21/2009 - 03:54

Dear mantahn,

Good information. I have a query that globally where does actually such companies stands & what is the fate of them Because the best example we saw about Ranbaxy (although different from this one) considered to be one of the topmost Indian based MNC then also overtaken by Daichi, so we can expect such things for these also, isn't it.

Regards
Shiv

My Team :
http://www.pharmainfo.net/blog/team-infinity

My Page :
http://www.pharmainfo.net/majumdarshiv/biography

manthan.janodia

Sat, 08/22/2009 - 13:33

Dear Shiv,
I understand your concern regarding Indian Pharma Companies. But what i have explained in my blog is efforts made by Indian government to protect and promote indegenous pharma industry by supporting their export activities.
Your question is related to mergers and acquisitions which i have not tried to attempt in my blog.

Blogbusters Manthan D.Janodia
majumdarshiv's picture

majumdarshiv

Mon, 08/24/2009 - 04:08

Dear Manthan,
You highlighted the good points about efforts made by Indian government to protect and promote indigenous pharma industry by supporting their export activities. Hope to see the other I aspects that I mentioned in your future blogs.

Regards
Shiv

My Team :
http://www.pharmainfo.net/blog/team-infinity

My Page :
http://www.pharmainfo.net/majumdarshiv/biography

zarrinfaria's picture

zarrinfaria

Fri, 08/21/2009 - 05:38

Dear Sir,
Good blog...Which ministry is responsible for regulating Pharmexcil
Regards,
Faria Zarrin
Team: BLOGBUSTERS

My Page :
http://www.pharmainfo.net/zarrinfaria/biography

My Team:
http://www.pharmainfo.net/blog/blogbusters

manthan.janodia

Sat, 08/22/2009 - 13:28

Pharmexcil functions under Ministry of Commerce and Industry.

Blogbusters Manthan D.Janodia
namanm's picture

namanm

Fri, 08/21/2009 - 07:34

Sir, Very nice and innovative information. Can you put some light on the Dept. regulating import of medication and FDA regulations over Pharmexcil?

Naman Team Infinity

 "∞"

http://www.pharmainfo.net/blog/team-infinity

manthan.janodia

Sat, 08/22/2009 - 13:27

This council is independent and functions under Ministry of Commerce and Industry. Imports are regulated by import regulations mentioned in Drugs and Cometics Act 1940 in India and FDA has no regulation over Pharmexcil.

Blogbusters Manthan D.Janodia
kranthikumar's picture

kranthikumar

Fri, 08/21/2009 - 16:10

Dear sir,
GOod information glad to learn about this. Is it a different ministry or a department ?

Regards Kranthi http://www.pharmainfo.net/kranthikumar/biography

manthan.janodia

Sat, 08/22/2009 - 13:25

This is a council which functions under Ministry of Commerce and Industry.

Blogbusters Manthan D.Janodia
santosh kumar. JH's picture

santosh kumar. JH

Sat, 08/22/2009 - 07:35

Dear Sir,
Good blog, I think this pharmaexil will help our pharma industries to replicate into newer markets for promoting profits.

Regards, Santosh Kumar http://www.pharmainfo.net/santosh-kumar-jh

manthan.janodia

Sat, 08/22/2009 - 13:22

You are very correct. Let us hope Pharmexcil helps needy companies to expand into foreign markets.

Blogbusters Manthan D.Janodia