Monday, 6 February 2012

PHARMEXCIL (Pharmaceuticals Export Promotion Council)


PHARMEXCIL is short form of "Pharmaceuticals Export Promotion Council"
It is set up and governed by Ministry of Commerce & Industry, Govt. of India
About the PHARMEXCIL:
The dynamic growth of Indian Pharma Industry, a knowledge based industry, and the recommendations of four major Pharma associations made the Ministry of Commerce & Industry to realize the need for separate export promotion council.
Accordingly, Pharmaceuticals Export Promotion Council (PHARMEXCIL) has been set up on 12.5.2004. 

With its notification No.61 dt. 16.3.2005, Director General of Foreign Trade made Pharmexcil the sole agency to issue RCMCs to all Pharma exporters.
The activities of the Council are administered by Committee of Administration consisting of representatives from major Pharma industries in India like J B Chemicals & Pharmaceuticals Limited, Suven Life Sciences Limited, Dr. Reddy’s Laboratories, Aurobindo Pharma, Luipin, Ranbaxy, Novarties, Avantis, Ipca, Shasun, Sun Pharma, Zydus Cadila, Glowchem, Calyx etc., apart from Govt. officials from Central govt. and Govt. of Andhra Pradesh. Administrative support to the Council is extended by very rich experienced personnel from various fields like Govt. of India and Pharma industry.
The Role of Council:
Issue of RCMC Organizing Trade delegations/Buyer-Seller Meetings at abroad Organizing Reverse Buyer-Seller Meetings in India Assisting members to get their MDA/MAI claims refunded from Govt. of India Issue of Certificate of Origin Organizing periodical Seminars/Interactive meetings on exports related issues Make suggestions to Govt. of India on policy issues relating to Pharma exports
Make representations to Govt. of India and other agencies in India and abroad to get amicable solutions for the common problems of the industry.
Categories under Pharmexcil:
Various pharmaceutical items like Bulk Drugs and its intermediates, Formulations, herbal, ayurvedic, unani and homeopathic medicines, biotech and biological products, diagnostics, surgicals, neutraceuticals, and pharma industry related services, collaborative research, contract manufacturing, clinical trials and consultancy etc come under the purview of Pharmexcil.
Source: Pharmexcil official site

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