InnoPack Pharma Conference is a big platform for all the pharmaceutical professionals to meet and exchange ideas and knowledge for the future progress of the pharma packaging industry. The event on 9 and 10 June featured a combination of exhibition space, semi-scientific conferences, and a specific spotlight for innovations, enabling the pharma packaging community to learn about the newest trends that are reshaping the industry.
The most well-known and acknowledged show presented by West Pharma is the InnoPack Pharma Confex which is organized by CPhl India at the Sahar Star, Mumbai.
This show has a combination of exhibitions and conferences related to science with highlights on the inventions letting the pharma packing association learn the latest creative ideas and innovative technologies to change the outlook of the packaging industry completely. The position of Indian Healthcare is fragile due to the ever-increasing population. Chronic diseases are increasing at a higher rate despite improvements in the health sector.
InnoPack Pharma Confex aims to give the stakeholders a different platform to look at the multiple packaging and processing techniques combined with discussions with dealers to deal with the challenges and other issues. This Confex is a perfect place for companies to showcase their latest creative achievements in the fields of pharma packing, labeling, delivery, and engineering. It helps the pharmaceuticals understand if their product can withstand competition in the market.
This Confex is a platform where many sessions are held to learn about the whole packaging system of drugs and devices and the networking possibilities. There are packaging workshops, a round table session of the top packaging leaders, and the most famous India Packaging Awards in its sixth edition. This Confex is expected to attract more than 50 exhibitors, 100 nominations for awards, and 40 speakers and trainers.
Top Indian pharma players at InnoPack Pharma Confex
The Production Linked Incentive (PLI) has been introduced by the Indian Government to support domestic manufacturing and for Atmanirbhar Bharat. The Pharma Industry in India has been growing in India due to the high standards used in packaging and recycling supported by compliance procedures.
Indian Pharma packaging market size valued at US$ 1434.1 million in FY 2020 is expected to reach US$ 3027.14 million (approximately Rs 25,000 crore) by 2030, with a compound annual growth rate of 7.54% from FY 2021 to FY 2030.
This event saw the participation of leaders from top pharma and biopharma companies and a few key representatives of Indian Pharmas are from Aurobindo, Dr Reddy’s Zydus, Wockhardt, Cipla, Macleods Pharma, J&J, and a few others.
The Indian packaging sector has gained the much-needed importance to be taken as the most preferred global packaging partner. The two-day sessions in the Confex were delivered by the chief operating officer from Bharat Serums and Vaccines, Vishwanath Swarup, corporate head, global operational excellence from Syngene International, Dr Aravindan Raghavan, head of Packaging Development and CDE, R&D Pharma Sci, Takeda Pharmaceutical Company Sriman Banerjee, and other key packaging players.