Feb 23, 2016: The sixth edition of AIR CARGO INDIA, on its very first day featured an exclusive Air Shipper’s forum dedicated specially to the Pharma Air Shippers from India. Hosted by Brussels Airport, the objective of the forum was to bring together the pharmaceutical exporters and offer them a platform to discuss and analyse various segments of the Indian air logistics industry thereby addressing key areas of challenges and opportunities in the pharma export and supply chain.
Held at Grand Hyatt’s ballroom, the venue saw a throng of representatives from airports and airlines from around the world besides freight forwarders specialized in pharma logistics. Moderated by Johan Leunen, cargo marketing manager, Brussels Airport Company, the session saw major participants like Peter Van Domburg, district manager, Expeditors, Belgium & Luxembourg; Nathan De Valck, cargo & product development manager, Brussels Airport Company; Steven Polmans, head of cargo, Brussels Airport Company; Emir Pineda, manager, aviation trade & logistics (marketing), Miami International Airport; Babette Desfossez, Customs Attaché, Embassy of Belgium, New Delhi; Manoj Singh, vice president & head of cargo, Mumbai International Airport and Ryan Viegas, Vice President, Supply Chain & Procurement, Watson Pharma (Actavis).
Peter Huyghebaert, Consul General, Consulate of Belgium, Mumbai, talked about the relationship of Belgium pharma industries with India that has been developing over the years.
Industry experts spoke on topics ranging from the present pharma industry trends, to the initiatives taken by the Indian government to reduce dwell times, the construction of special pharma zones at Indian airports. It also stressed on the importance of training all the stakeholders involved in the supply chain of pharmaceuticals, measures to improve transparency and technology limitations. Not to forget the difficulty in finding efficient people to work in this industry.
India exports pharma products to over 200 countries. Pharmaceutical exports clocked a CAGR of 10.3 percent to $15.5 billion during 2014-15 from $10.4 billion during 2010–11. The US is the largest importer of Indian products. Exports to the UK grew at 11.9 percent between 2009 and 2010, and 2013 and 2014.
The Indian pharmaceuticals market is the third largest in terms of volume and thirteenth largest in terms of value, as per a report by Equity Master. Branded generics dominate the pharmaceuticals market, constituting nearly 70 to 80 percent of the market. India is the largest provider of generic drugs globally with the Indian generics accounting for 20 percent of global exports in terms of volume. Of late, consolidation has become an important characteristic of the Indian pharmaceutical market as the industry is highly fragmented.
STAT Media Group, the organizer of AIR CARGO INDIA, pioneered the unique concept of placing shippers at the centre of conversations that matter to the air cargo industry considering the importance of shippers in the supply chain. The forum, one of its kind in the industry and unique in its format, provides an ideal platform for a no- holds- barred discussion, debate and exchange of views and ideas.