In 2009, the Indian Pharmaceutical Market was estimated to be worth US$ 12.6bn. Estimated to grow by 8-9% year on year, the domestic Pharma market is expected to reach a value of US$ 20bn by 2015.
CPhI India is the main event in the pharmaceutical industry throughout the Indian region. The global pharmaceutical market is increasingly looking for high quality and low cost of pharmaceutical solutions. On these points, India has specialized and aligned, too, that is why the CPhI India has developed as the perfect platform for all the major suppliers and customers in the chemical and pharmaceutical manufacturing industry showing the latest trends and innovations in the market. The fair takes place once a years in Mumbai and is open to trade visitors only. It has itself internationally established as a sister of CPhI worldwide, which was founded in 1990 as an international chemical and pharmaceutical fair. Exhibitors have the possibilities of meeting potential new customers and partners and of strengthening existing relationships as well as of achieving new markets through its international presence. By cooperating with the fairs P-MEC India, ICSE India and BioPh India, that take place simultaneously with CPhI, the entire value chain of the pharmaceutical and biotechnology industry is presented. All major Indian supplier of pharmaceutical ingredients, outsourcing, equipment and bio-solutions are represented at the same place, so tremendous synergies will be created in terms of ideas and information exchange in the industry.