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Ananth Kumar Urges the pharmaleaders to invest in india rise as a global player

Posted by : Sangeeta Singh on | Dec 20,2014

Ananth Kumar Urges the pharmaleaders to invest in india & rise as a global player with a strong local footprints at Pharmaleaders 2014 Meet

Union Minister of Chemicals & Fertilizers, Government of India Mr. Ananth Kumar urges the captains of the Industry with a note  “lets build a dream, the dream of making india” at Pharmaleaders Summit theme  “Make In India – Healthcare Reforms ,  Empowering India’s Developing Healthcare System”  at 7th Annual Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

Saturday, December 20th 2014, Mumbai, Maharashtra, India : Pharmaleaders historic 2014 Summit debating on a powerful theme of “Make In India – Healthcare Reforms, Insurance,Innovations,Investments & Infrastructure,  & Empowering India’s Developing Healthcare  System” Investing the Healthcare Solutions of Tomorrow in difficult Times is gearing up to host the most awaited event in the healthcare industry  on Friday, 26th December, Hotel Sahara Star, Mumbai, India where india’s top minds & leaders of the healthcare industry will debate on a variety of subjects. Giving a boost to the moral of the innovation driven Indian pharmaceutical Industry, Minister of Chemicals & Fertilizers, Ananth Kumar gave a clarion call to the healthcare leaders to invest in India with a powerful & inspiring note in the line of central government’s bigger dream of make in india & invest in india campaign.

In a letter addressed to Satya Brahma, Chairman & Editor-In-Chief, Pharmaleaders Group, the department of Pharmaceuticals headed by the Chemicals & Fertilizers Ministry, Ananth Kumar said “I am pleased to see the rising voices of the healthcare fraternity to make india as a preferred destination of investment for manufacturing quality drugs at affordable prices. At a time when we are passing through a critical stage in the healthcare sector, I would like to reiterate to the members of the medical profession & pharmaceutical Induistrty that the Government is committed to roll out reforms to boost our domestic Pharma sector. As you are aware that  india is expected to rank amongst the top three pharmaceutical markets in terms of incremental growth by 2020 & India is the sixth largest market globally in terms of size, India’s generic drugs account for 20% of global exports in terms of volume, making the country the largest provider of generic medicines globally. This is a historic opportunity for you to invest india & deliver quality medicines to the every nook & corner of the country.”

While  Complimenting  the initiatives of the Pharmaleaders Media which is hosting the historic 7th Annual Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014.  Ananth Kumar  mentioned  that “Satya Brahma, Chairman & Editor-In-Chief of Pharmaleaders Group is supporting the initiatives of the Government’s vibrant Policy Reforms in the Healthcare Sector. His efforts to bring the business leaders, policy makers, Research Scientists & Pharma Academia in one platform year after year & this Historic Summit is very important as it is focusing on the  “Make In India Campaign” & is debating on a very crucial yet timely theme , in a uniquely positioned full day program on “Make In India – Healthcare Reforms , Empowering India’s Developing Healthcare System”  on December,26th , 2014 at the Sahara Star, Mumbai International Airport in Mumbai, India.”

The Minister went on to say that  “as one of the recently industrialized nations, India has a fast-growing economy as well as an ever-expanding, ever-urbanized population, however its healthcare system still has a lot of potential for development. India’s drug industry to touch $48 billion by 2018 Industry may see growth on back of patent expiry of some blockbuster drugs in US and local demand. India’s drugs and pharmaceuticals industry is likely to post total sales of Rs.2.91 trillion ($47.88 billion) by 2018, with an average yearly growth of at least 14%, aided by a rapidly growing domestic market and the newly emerging export opportunity as patents of at least a dozen blockbuster drugs in the US expire in the next three years. “During 2014-2016, about $92 billion worth patented drugs are expected to go off patent in the US as compared with $65 billion during 2010-12, as per the research study by Pharmaleaders.”.  In a inspiring worded message, Anant Kumar said “I take this opportunity to use Pharmaleaders Plattform to convey a very strong message. India needs flexible healthcare reforms to boost india’s pride in global healthcare map & lets partner with Make in India Campaign to make substantially reduce the chronic diseases through affordable healthcare with quality medicines!. I would also like to congratulate all the visionary Leaders & top performers who will be felicitated in this occasion. Last but not least, lets build a dream, the dream of making india as a global player with a strong local footprints.”

Addressing the media, Satya Brahma, the chairman of the Pharmaleaders 2014 meet said “the vibrant Indian pharmaceutical sector growing at a rapid pace will get a bigger boost with the message from the Minister of Chemicals & Fertilizers as India’s crucial concerns in the area of regulatory hurdles, pricing issues, Foreign Direct Investments, Labour Reforms & host of other challenges is set to make a complete makeover in coming days looking at the positive initiatives of the central government & is likely to attract foreign players in india to invest in manufacturing”. India stand poised to be a bigger force in  the world with the proactive approach of the new Modi Government at the centre & attain a super power status in healthcare & pharmaceuticals.”

The Award ceremony is scheduled at 07.00 PM on 26th December 2014 onwards at the Grand Jade Room of Hotel sahara Star, Mumbai, India. Like every year, this will be attended by more than 300 power packed Healthcare Leaders in all disciple in the glittering award night followed by cocktail & Dinner.

Pharmaleaders is  India’s first opinion based & research driven bi-monthly magazine & has a decade of relentless reporting in Pharma Journalism in an unbiased, fearless & independent way. Over the last one decade, The Magazine has covered some of the biggest voices in healthcare Industry. Available both in digital & printed format, Pharmaleaders has emerged out as a leading title in voicing the opinion of the healthcare industry to the statutory Authorities like Ministry of Health & Family Affairs, Dept of Chemicals & Fertilizers, DCGA, FDA & many other institutions to present the pressing demands of the healthcare industry. Network 7 Media Group Media Outfit, a unit of Pharmaleaders, is a result of emergence of an extreme thought process in the form of some of the biggest & exclusive media properties that arose due to the frustration & disappointment of the present status-quo of the society in existence in the form of a careless & extremely insensitive administration of a large set-up. Network 7 Group has continuously strived to expose the misdeeds of the corrupt administrative fabrics or poor legislation or failure of a large entity in corporate governanance. Distinctively standing out of other media initiatives, Network 7 group has been in the forefront of championing the cause of good governance , fair, unbiased & independent reporting in national & international fields. Driven by the objective to address & deliberate some of the burning issues, sometimes neglected causes, Pharmaleaders is pioneering the concept of introducing a fierce democratic process in the form a mass resistance in bringing into the forefront of issues that matter most in the form of digital, printed, published, conclaves, summits & even in blogs & letters shoot out to the authoritative.  Headquartered in Mumbai, Network 7 Group Media Outfit is backed & operated by some of the biggest think-tanks of the contemporary society whose ideas & actions are reflected in the form of editorials & exclusive news findings. Network 7 Group Media is present in the form of digital media production, publications, high-profile international events & healthcare communications.

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Sangeeta Singh

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