Msrvantage revolutionizing the agriculture sector through digitalisation

MUMBAI, 26 AUGUST, 2022 (TGN): MSRvantage, global consultant for businesses at every stage of digital adoption, helping them accelerating efficiency in the organization is now effectively contributing to digital transformation in the agriculture sector through technologies like track and trace, artificial intelligence (AI) and machine learning (ML), remote sensing, big data, block chain and IoT. These technologies are not only transforming agricultural value chains but also modernizing operations.

Digitalisation has helped in changing various industries like pharmaceuticals, healthcare, financial, crypto, automobile etc. and considering the vast contribution that agriculture is making to economy it is important that the industry undergoes the digital shift. 

Where at one hand technology is playing a vital role in the industry by increasing food safety on the other hand technology like track & trace makes it possible to trace information throughout the food supply chain. Traceability, which is utilised to simplify the creation and deployment of innovations for intelligent farming and index-based agriculture insurance, is created by the blockchain's ability to store and manage data. It represents a significant advance for modern agriculture.

Main objectives of these technologies are food security and sustainability and the ability  to track a variety of information about plants, including seed quality, crop development, and even the path a plant takes after leaving the farm it helps in increasing supply chain transparency and eliminate concerns associated with illegal and unethical operations. They can also make it simpler to trace contamination or other problems.

Mr. Balaji Kandregula, Vice President – MSRvantage, said, “Agriculture has been a major contributory force in any country’s economy and it is now imperative that technology should not only help the industry thrive but also ensure that the food products are safe for the consumer. At MSRvantage we strive to make the agricultural supply chain process transparent and efficient.”

Though there are certain challenges in implementation, yet the initiative has been welcomed with open arms because of its potential that could help the industry make progress and many leading players are adapting to this digital revolution.Ends

As India’s demand for Thailand Gems & Jewellery Sky Rockets, DITP conducted “Let’s Go To Bangkok” Road show for the “67th Bangkok Gems & Jewelry Fair (BGJF)" from 7th – 11th September in Bangkok”

Models displaying an array of Thailand’s Gem & Jewelry to the guests at the announcement

More than 25,000 Visitors & 1,200 Million Bahts of  Revenue is expected from this edition

The Poster of the upcoming “67th Bangkok Gems & Jewelry Fair (BGJF)" was unveiled by His Excellency,Mr Donnawit Poolsawat, Consul General & Ms. Supatra Sawaengsri, Executive Director,Thailand Trade Centre along with Key Indian Jewellery Council members.

MUMBAI, 23 AUGUST, 2022 (TGN): Thailand’s Ministry of Commerce, Department of International Trade Promotion (DITP) with Gem and Jewelry Institute of Thailand (GIT) delegates & Thai Trade Centre, Mumbai, conducted the “Let’s Go To Bangkok Roadshow” for the 67^th Bangkok Gems & Jewelry Fair (BGJF) to be held from 7-11 September 2022 in Bangkok. The event was followed with an exclusive fashion show with models displaying an array of Thailand’s Gem & Jewelry to the visitors, “

India’s Lab Grown Diamond & Jewellery Promotion Council (LGDPC) & DITP also came to an understanding on how both the countries can leverage each other special resources exponentially. LGDJC proposed to export a substantial number of Lab Grown Diamonds Gold, Silver & Rubies to Thailand & in return Thailand will export their ruby, silver & white gold worth the same amount to India. This will further boost the economy & solidify the bilateral trade between both countries

India has been a Key market for Thailand’s G & JS exports, especially the silver jewellery. It has been exponentially growing at the rate of +158.21% from the last year. Both the countries shares unique civilization links going back several millennia. In the recent years both these neighbours have been sharing an excellent multilateral & business relationship in various sectors`

DITP’s recent report states that Thailand’s gems and jewellery exports (excluding gold) have risen to 3,884.21 million USD between January to June 2022, a 40.96% increase from the previous year. Among the main markets like the US, Hong Kong and Germany, the Indian market has generated the highest export value, a total of 149.21% increase from products like diamonds, gemstones, pearls, jewellery, synthetic stones, precious metals & other products clad with precious metals.

 

India has been the top visiting country for the BGJF fair since  many years, both in terms of footfalls & trade volumes. Even for this 67^th edition Indian visitors registration has been on number 1 slot with many more registrations pouring in. BGJF is a very important trade platform especially for Indian exhibitors. Primarily because being neighbors, both the countries share almost similar culture & heritage not only in terms of existence & food habits, but also in terms of fashion and lifestyle. For an Indian buyer or importer this exhibition gives a nearby & readymade platform to access the latest range of designs of gems and jewellery uniquely created by Thailand

BGJF is the biggest Gem and Jewellery Fair not only in Asia, but throughout the globe. DITP has been continuously playing an essential role in promoting Thailand's gems and jewellery industry globally. BGJF 2022 ,which will be held at Impact Challenger Hall, Muang Thong Thani, Bangkok will display more than 800 exhibitors & 1,800 booths. More than 10,000 visitors & 1,200 million bahts of  revenue is expected from this edition. Established players & entrepreneurs from all over the globe will be able to network with manufacturers, buyers, importers ,distributors & exporters from Thailand & worldwide  across all ranges of gems, jewellery, gemstones, Gold,Silver to packaging, equipment, tools & machinery.

 

His Excellency, Mr. Donnawit Poolsawat, Consul-General, Royal Thai Consulate-General, Mumbai said “For Thailand, India holds a particularly special place, both for tourism & trade,& both before and after the pandemic. India has largely contributed to Thailand’s exports in gems and Jewellery products. Like every year, this year too it’s an extreme delight to be amidst all of you & invite you to the 67^th edition of BGJF. Mumbai has always been an epicentre of this country’s Gem & Jewellery sector & like every year we do look forward for maximum number of participation from this City of Dreams”   

 

Ms. Supatra Sawaengsri, Executive Director & Consul, Thai Trade Centre, Mumbai added “ This 67^th edition is very special for us. As it is for the first time that the fair is co-organized by DITP and the Gem and Jewelry Institute of Thailand (GIT). We are very excited to be here today & share with you our  agenda for the next edition. It’s very excited to know that now India’s younger generation has cultivated a strong penchant for Thai’s silver jewellery, and have been wearing it as an attractive accessory to various functions & festivals

 

Rajesh Bajaj, Conveyor, Lab Grown Diamond Jewellery Council added “ On the eve of this road show, we also we also did discussed with DITP on how both the countries can maximise each other’s specialities amongst themselves. We came to a conclusion that with the exchange of our LGDJs and their well-known silver and gems with each other in large quantities, we will be able to help the natives of both the countries sample and cherish each other’s domain expertise to the fullest.

Representatives from leading Trade Organisations of India present at the occasion were: Chief Guest, Mr. Ashish Pethe, Chairman, All India Gem & Jewellery Domestic Council (GJC). Guest Of Honour, Mr Ashok Gajera, Chairman, Western Region Gem and Jewellery Promotion Council,Mr. Mehul Shah,Vice President,Bharat Diamond Bourse,Mr. Surendra Mehta,National Secretary, Indian Bullion Jewellery Association,Mr. Shashikant Shah,Chairman, Lab Grown Diamond & Jewellery Promotion Council- LGDJP,Mr. Sachin Shah & Mr. Rajen Parikh,Honorary Secretary, MDMA,Mr. Rajiv Garg ji, Chairman,GJSCI,Mr. Sanjay Shah,President Jewellers Makers Association,Ms  Reena Shukla,Director, Bajaj Overseas Limited and Heera Zhaveraat Trade Journal.Ends

Country Club to celebrate “International Yoga Day” for their members across the globe.

MUMBAI, 18 JUNE, 2022 (TGN): Mr Rajeev Reddy CMD of Country Club has noted that Country Club has always been at the forefront when it came to the well being members. He went on to explain that to keep their members fit and healthy, Country club has gone well beyond the expectations and are providing hundreds of Fitness centres across the country, covering all the cities and towns in the very neighbourhoods of their members for the ease of convenience and accessibility. 

The founder of Country Club further elaborated that the Virtual yoga event of Country Club where over 0.2 million people performed 108 suryanamaskaras simultaneously was a great hit during the Covid times.  "Now, for the 8th international yoga day, this year, we are planning another virtual yoga session ‘COUNTRY CLUB’s YOGA AT YOUR DOORSTEP’", Mr. Reddy announced. On 8th International Yoga Day Simran Ahuja, yoga Exponent will demonstrate 8 separate workshops throughout the day.

The focus will be on Yoga Nidra, Ashtang Yoga, Hath Yoga, Prana Yoga, Yoga for mental health, Yoga Bandhas etc.  Mr Reddy also said, "Pre Covid, we have given 120000 room nights per year. Due to covid, there was a drastic fall in numbers.  Now, we are picking up. In 2022 we have given 20000+ room nights so far and with the strategic alliances, we have been increasing the inventory so the holidays nights also will shoot up and I am sure we plan to reach 250000 room nights by 2024." "Our associate properties tally has reached to 120 and it seems to be a certainty that the number reaches a new high in the coming months", CMD of Country Club further added. 

About Country Club: CCHHL is India’s largest leisure and entertainment conglomerate. Country Club is recognized by Limca Book of World Records as “India’s Biggest Chain of Family Clubs”. Country Club is the only one in its sector to have given more than 1.5lakhs room nights (Holidays) to its satisfied members both in India and abroad in the year 2018 to members enjoy their dream vacation in their choicest locations. Ends

TiEcon Mumbai 2022- India's Largest Unicorn Summit, brilliantly showcased the strengths, wisdom and expertise of Top Unicorns

MUMBAI, 13 JUNE, 2022 (TGN): TiE Mumbai successfully organised the 15th Edition of TiEcon Mumbai 2022- India Unicorn Summit at Jio Convention Centre, BKC to decode the attributes of being a successful unicorn. It kick started on an enthusiastic note with marquee speakers focusing on ways to accelerate growth, drive more intelligent engagement and methods to empower business building ideas.

Speaking at the summit, Amit Mookim, President- TiE Mumbai said, “30 % of the 100 Unicorns we have in India have been native to Mumbai. This is what we are celebrating at the Summit today. We are raising a toast to our dynamic founders, country and gorgeous Mumbai which has contributed to make India, a true Unicorn nation. We are saluting and encouraging the founders of soonicorns, who would be joining the boom in the near future.”

India has reached a landmark figure of 100 unicorns with a valuation of more than $300 billion. India has 3rd Largest ecosystem with the greatest number of unicorns. TiEcon Mumbai was to collate and showcase the journey of stellar Unicorns from inception to listing and to understand the catalyst for such a boom in unicorns. 

Smt Manisha Verma, Principal Secretary- Dept. Of Skills, Employment, Entrepreneurship and Innovation, Govt. of Maharashtra shared various new initiatives for the promotion of startups and entrepreneurship in the state. She encouraged startups to reach out to the government with their policy suggestions for sustainability through the Innovation Society.  She said, “Our focus is to create a pool of skilled, talented and vibrant workforce for start-ups. Maharashtra Govt is open for entrepreneurship and gives direct work orders to startups. Innovation Society is the nodal agency to support start up and develop sustainable eco system in the state of Maharashtra. They run multiple schemes to support start-ups financially and help them with patents and product testing.” 

Apoorva Sharma, President & Co- Founder- Venture Catalysts & 9Unicorns and winner of Outstanding Startup Ecosystem Builder at TiEcon Mumbai Hall of Fame awards said, “Kudos to TiE Mumbai for organising the biggest post pandemic startup event by bringing 25 Unicorns together under one roof. The Founders spoke about their journey, struggles, achievements and hustles that would fuel the Unicorn dreams of several other startups. It was also an immense moment of pride for us to have received the award from Mr. *Harsh Mariwala*, Founder and Chairman of Marico.”

Some key takeaways for the conference were that there has been an unprecedented digital surge accelerated by COVID. The ecosystem has had 100 unicorns and 302 soonicorns during this period. There are 25+ unicorns with potential of entering BSE top 100 companies by market capital. There has been a 10x growth in start-ups and about $116 B funding in last 10 years. Further, Green sector and Metaverse are pitted to be the building pillars of Future. The goal of Net zero by 2050 requires fundamental transformation of the global economy and new investment paradigm. An important learning was the fact that valuation is not in our control, value creation is. Focus on innovation is the key. 

The Indian Unicorns are flourishing in the fast-paced and dynamic economy. They are generating large-scale employment along with innovative solutions.  India is uniquely positioned in Global Unicorn Landscape, and this is a testament to the vibrant ecosystem present in India. The rapid evolution of internet infrastructure, easy distribution combined with capital accessibility provides the ' *Big Opportunity* '. 

Some Unicorn Startups and speakers who participated in the event were InMobi - Naveen Tewari, CarTrade.com - Vinay Sanghi, OfBusiness - Asish Mohapatra, Morgan Stanley -Kamal Yadav, OYO -Ritesh Agarwal, The Good Glamm Group - Darpan Sanghvi, NoBroker.com - Amit Kumar Agarwal, Sales Force India - Arundhati Bhattacharya, WebEngage -Avlesh Singh, Udaan -Sujeet Kumar, Fractal.ai - Srikanth Velamakanni, Microsoft India -Anant Maheshwari, Dream11- Harsh Jain, PharmEasy - Siddharth Shah, CitiusTech - Rizwan Koita, People Group(shaadi.com) - Anupam Mittal and BookMyShow- Ashish Hemrajani. 

TiEcon Mumbai 2022 also comprised of 140+ specifically curated startups expo which showcased their products to demonstrate innovation in India. There were power packed international panel discussions, insightful workshops, masterclasses on building high and growth products. They were VCs laying bare the math they swear by. The Summit provided an important platform for collaboration and engagement. The summit had diverse set of experts, speakers and high level of participation. It was rich in content and valuable in creating the better understanding. A comprehensive report of India's Investment Ecosystem was launched at the summit. We are gradually transitioning from the age of unicorns to the age of decacorns.Ends

Hyderabad Jewellery, Pearl and Gem Fair 2022 (HJF 2022) charts the course to a $119 billion/9 lakh crore industry

HYDERABAD, 10^th JUNE, 2022 (TGN): Informa Markets in India, India’s leading B2B exhibitions organiser, commenced one of its most successful events, the Hyderabad Jewellery, Pearl and Gem Fair (HJF 2022) today on the huge trading floor of HICC, Novotel, Hitech City in the city of pearls, Hyderabad.  The large-scale jewellery focused event, was buzzing with over 250 exhibitors and presenting diamonds, trending gold and precious gems and jewellery.  This year, the show will be the largest ever, indicative of the optimism and growth of the sector.

 

The iconic show was graced by the presence of Chief Guest - Mr Gireesh Kumar Sanghi, Former Member of the Parliament of India and CMD Vaarta Publications   ;  Guest of Honour - Mr. Orhan Yalman Okan, Consul General of Republic of Turkey in India, Consulate of Turkey Hyderabad; Mr. Mahender Tayal, President,  HJMA; Mr Mukesh Agarwal, Convener, HJMA; Mr. Yogesh Mudras, Managing Director, Informa Markets India ; Ms Pallavi Mehra, Group Director, Informa Markets India and Mr Pankaj Shende, Sr. Portfolio Director, Informa Markets India.

 

The exhibitors of this international show have been hand-picked from different verticals, taking their prowess to manufacture a range of world-class products, and their ability to cater to different markets across the world, showcasing 1000+ exclusive brands. HJF 2022 is being held in association with Hitech City Jewellery Manufacturers Association (HJMA), Telangana Bullion Gems & Jewellers Federation (TBGJF), All India Jewellers & Goldsmith Federation (AIJGF), The Bullion & Jewellers Association (TBJA), Gem & Jewellery Trade Council of India (GJTCI).

 

Over 50,000 incredible works of art with distinctive design aesthetics are being displayed by the exhibitors. Key ones include Shri Shubham Jewellers, Swaroop Jewellers, Chintamani Gold, Naredi Jewels, Vinati Jewellers, Shree Kalpatru, Jewels Park and Jai Gulab Dev to name a few. As a pre cursor to the expo, HJF conducted roadshows in neighbouring districts such as Karim Nagar, Hanamkonda, Kavali, Proddatur, and Wanaparthy.

 

Speaking on the occasion of the iconic jewellery show in South India, Hyderabad Jewellery, Pearl and Gem Fair 2022, Mr. Yogesh Mudras, Managing Director, Informa Markets in India, said, “HJF 2022 is a classic illustration of the Government’s campaign to ‘Make in India for the world’, and a show of this scale will boost the efforts to reach USD 75 billion/Rs. 5.83 Lakh Crores in exports in the next five years. The enthusiastic response of all the participants at this Expo is evidence of the growth of this sector in our growing country.”

 

Hyderabad is known for its penchant for lustrous and statement jewellery pieces, including Kasulaperu, Temple Jewellery, Managa Malai, Vanki to name a few. We at HJF understand this love for sparkle, and through this expo, we aim to further boost this sector to new heights. With the continuous support from the buyer and seller communities in the Gems and Jewellery sector for our expos, and trending innovations in designs year on year, I foresee an ascending growth in the near and long term in the jewellery business domestically as well as internationally”, he further added. 

The Indian Gems and Jewelry Market is growing on the backbone of increasing disposable income among the Indian population. It stood at USD78.50 billion in FY2021 and is further expected to achieve a market value of USD119.80 billion/9 lakh crore by FY2027. Innovative product launches, designer products, and technological advancements showcased at HJF will further substantiate the growth of the Indian Gems and Jewelry Market in the future five years.

 

The three-day show is also conducting educational seminars, with insightful trends. A comprehensive list of industry leaders as speakers in the panel also added a synergistic value to this mega B2B trade show. Day 1 had a session by Mr Praveen Kumar from Shri Balaji Jewellers talking about the tricks of the trade, making jewellery business a success during turbulent times. Day 2 will have a BIS Hallmarking session by Telangana Bullion Gems & Jewellers Federation and an Annual General Meeting conducted by President Jagdish Verma for the Telangana Bullion Gems & Jewellers Federation and its association members. This will be followed by Mrs Bijal Shah from GJA-THE GEM & JEWELLERY ACADEMY covering topics pertaining to the trend of coloured gemstones, factors affecting the value of diamonds and creative designs for jewellery. And finally Day 2 will witness an interesting session on Identification & Prevention of Frauds in Jewellery Industry by Skill Guru Mr B.Vijaya RaghuRam Raju, PR Officer Joyalukkas India Ltd, Police department as a CDTI & Vertical Trainer.

 

The Gems and Jewellery community witnessed an exclusive evening event on Day 1 with The Power of Young that celebrated the achievements of young jewellers pertaining to South India’s Gem and Jewellery community which was followed by a glamourous fashion show showcasing the seasonal trends by top exhibitors and a networking night.

 

About Informa Markets

Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio comprises more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world’s leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com

 

About Informa Markets and our business in India

Informa Markets is owned by Informa PLC, a leading B2B information services group and the largest B2B Events organiser in the world. Informa Markets in India (formerly UBM India) is India’s leading exhibition organizer, dedicated to help specialist markets and customer communities, domestically and around the world to trade, innovate and grow through exhibitions, digital content & services, and conferences & seminars. Every year, we host over 25 large scale exhibitions, 40 conferences, along with industry awards and trainings across the country; thereby enabling trade across multiple industry verticals. In India, Informa Markets has offices in Mumbai and New Delhi.

RenewX 2022 makes a big pitch for Carbon Neutral economy with the Indian business community

Hyderabad, 10^th Jun, 2022 (TGN): The 6^th Edition of the comprehensive renewable energy event, RenewX 2022 – also the largest ever -- commenced today at Hitex, Hyderabad, as India looks to accelerate its transition to renewable energy and reduce its reliance on other energy sources.  India has set an ambitious target of meeting half of its energy needs, which is 500 GW, from renewable resources by 2030 and reach the net zero emission levels by 2070. Curated on theme ‘Unlocking the Era to Net Zero Emissions’, the show stressed on to increase the penetration of renewable energy generation and gear up the stakeholders to progress towards Sustainable Development Goals.

The inauguration of South India’s iconic show took place in the presence of key dignitaries such as Sri N. Janaiah, VC and Managing Director, Telangana State Renewable Energy Development Corporation Ltd, Sri. Ajay Mishra, IAS, Director General – RESI and (former) Spl. Chief Secretary, Govt of Telangana, Mr. BRUSSELMANS Pierre-Emmanuel, Consul General, Consulate General of the Kingdom of Belgium in India,  Shri. Vinay Rustagi, MD – Bridge to India Pvt. Ltd and Mr. Rajneesh Khattar, Sr. Group Director, Informa Markets in India among others.

While the Telangana state has joined the expo as a ‘Partner State’, with over 100+ exhibitors under one roof, including companies like Waaree Energies, Goldi Solar, Jinko Solar, Premier Energies, Jakson Group, Rayzon Solar, Adani Solar, Evervolt, Enpossibilities, Redington, Touch Energy, DNV, Impulse Green, ICON Solar, Raydean Industry, Invergy, Sunbound Energy & many more, the expo displayed a wide array of latest product and technologies from different categories– PV modules, Hybrid systems, materials and Equipments, Inverters, charge controllers, batteries, Testing and monitoring systems, Component manufacturers, Bioenergy equipment manufacturers, Back sheet manufacturers and System integrators.

South India is set to take up its leadership in renewable energy capacity creation again. The incredible support received from the Ministries, Government Departments and top Industry Associations such as, Indo German Energy Forum, National Solar Federation of India, Bridge to India pvt Ltd, Indian Bio Gas Association and many more accelerated the transition to a more resilient and sustainable energy economy while also harnessing investment, employment and import replacement opportunities. The conference agenda comprised of panel discussions and presentations on topics such as ‘Policy Regulations Need of the Hour for India for Effective Circular Economy in Solar Energy’, ‘Innovations and Technology the way forward to RE’, ‘Green Hydrogen - India’s Pathway to Green Economy!’, ‘Power Crisis - addressing peak demand through Renewables’, ‘E-Highways are Economic and Green only when powered by RE’, ‘Business Opportunities for AgriPV in India’, and ‘Bioenergy - A must for the emerging India Energy market!’

The great importance which the government is placing on renewable energy was reflected in a power packed accompanying program All CEO Conclave which carved out a medium-to-long term blueprint for stakeholders to define the roadmap to achieve 500 GW of renewable energy by 2030. The 90 Mins closed-door format session chaired by Shri Sunil Sharma, IAS, Special Chief Secretary to Govt, Energy Department, Government of Telangana was attended by 20 – 25 CEOs across the floor. They delved on the subjects of efforts Policy makers are undertaking to improve Indian entrepreneurial landscape in RE domain & Upscaling the investment climate in the country with special emphasis on EV in Southern region. 

On the second day, the show will also witness the maiden edition of the RenewX Awards at the same venue, Hitex. The awards will further support and encourage industry players with an impact in South India, who strive hard to bring about a sea change in the renewable energy domain with ground-breaking innovations and initiatives. A well-regarded jury panel comprising industry experts will confer and select from over 60 Nominations that are expected to be received. The awards will be conducted methodically with EY as Process Advisors.

Speaking on the occasion, Mr. Yogesh Mudras, Managing Director, Informa Markets India said, “RenewX, once again through its 6^th edition has taken a step to support the drive to reduce India’s carbon emissions and move towards clean energy. As India looks to meet its energy demand on its own, which is expected to reach 15,820 TWh by 2040, renewable energy is set to play an important role. Use of renewables in place of coal will save India Rs. 54,000 crore (US$ 8.43 billion) annually. We are glad that the exhibition and the conference, RenewX 2022 gave impetus to the renewable energy stakeholders to adopt latest technologies and trends and achieve a carbon neutral economy by 2050”

“Being blessed with long coastlines for wind energy, and enough irradiance for solar, the southern states (Karnataka, Kerala, Tamil Nadu, Telangana &Andhra Pradesh) all host renewable energy industry through RenewX in a big way and make it an attractive business destination. Initiatives like CEO Conclave and RenewX awards further encouraged buyers to invest in newer clean energy technologies and bring change in the renewable energy domain with ground-breaking innovations to help India to achieve its renewable energy target,” he further added.

The roll out of “big bang” clean energy policies and reforms including the green hydrogen and green ammonia policy, production-linked incentive schemes in solar module and battery manufacturing, market based economic dispatch, general network access, green energy corridor schemes and privatisation of state-owned assets across distribution, generation, and transmission have boosted clean energy requirements. RenewX also addressed the call for localisation and ‘Atmanirbhar Bharat’ and was a reflection of the country’s green economy goals.Ends

InnoPack Pharma Confex takes Indian Pharma Packaging to the next level

L-R: Mr Rahul Deshpande, Group Director, Informa Markets in India; Mr. Yogesh Mudras, Managing Director, Informa Markets, India

Mumbai, 9^th June, 2022 (TGN): CPhI Conferences’  11^th Annual Innopack Pharma Confex presented by West Pharmaceutical Services commenced today with the focus on strengthening the pharmaceutical packaging industry. The two-day pharma confex  (9^th and 10^th June 2022) held at the Sahara Star, Mumbai was marked by the presence of key dignitaries including Dr. Hemant G Koshia, Commissioner, Food & Drugs Control Administration, Gujarat State, INDIA; CG Mr. Bart de Jong, Consulate General of the Kingdom of The Netherlands; Mr. K. G. Ananthakrishnan, Director General, OPPI; AVPS Chakravarthi Global Ambassador, WPO; Mr. Yogesh Mudras, Managing Director, Informa Markets in India and Mr Ranjith Paul, Group Director, Informa Markets in India. The show, which has emerged as one of India’s largest pharma packaging industry events, is recognized as a flagship event of the packaging sector in India by relevant associations and the industry at large.

The first day of the Innopack Pharma Confex, highlighted that innovation and sustainability are the need of the hour for the development of the Pharma packaging industry. With an excellent year on year offering to the Pharma Packaging industry, there was consistency in terms of participation with over 40 exhibitors, 40 speakers & trainers, at the Confex and over 100 nominations for the awards. The event witnessed the presence of various Policy Makers, Industry Captains from Associations, and the participation of leaders from top pharma and biopharma companies. Some of the key delegates include representations from companies such as Aurobindo, Dr. Reddy’s. Zydus, Piramal, Wockhardt, Glenmark, Cipla, GSK, Alembic Pharma, Reliance Lifesciences, Macleods Pharma, Sanofi, Indoco Remedies, and J&J, among others.  

Speaking on the occasion of the 11^th Annual InnoPack Pharma Confex, Mr. Yogesh Mudras, Managing Director, Informa Markets in India said, “The pharmaceutical industry anticipates lucrative growth with the development of various drugs and medication, wherein it will obviously give a boost to the packaging industry. The government reforms and surge in demand have kept the pharmaceutical packaging industry on a strong growth trajectory. The pharmaceutical packaging market valued at $1.4 Bn is expected to grow at a rate of 8.10% CAGR during 2022-2027 and 7.54% CAGR till 2030 and reach the market size of $3 Bn. Innopack Pharma Confex is an important platform for the pharma packaging industry of the Indian sub-continent as a sourcing ground for the Pharma industry’s packaging requirements.”

“Nowadays, the modern-day healthcare professional and individual customer demand convenient as well as sustainable product and packaging. Curated with the theme ‘Innovation and Sustainability Paving the Way Forward’, the 11th Annual Innopack Pharma Confex speaks about the latest information on ground-breaking research, trends, regulations update, display of innovations and addressed solutions to sustainability challenges”, he further added.

The Indian pharmaceutical export till January 2021 stood at around US$ 20.14 Bn and India’s pharmaceutical market value size in 2020 was around US$ 130 Bn. The government is also spending an ample amount on the healthcare sector, propelling the growth of the Indian pharmaceutical packaging market. There is positive sentiment and business confidence amongst the stakeholders with the introduction of various schemes and rebates by the government to encourage domestic manufacturing and achieve an Atmanirbhar Bharat. In line with the government’s vision and growing pharmaceutical industry, the show offered a unique combination of an exhibition floor, semi-scientific conferences and a dedicated spotlight for innovations allowing the pharma packaging fraternity to discover the latest trends and revolutionary technologies transforming the packaging industry and giving it a strong push to reach US $3 Bn by 2030. It also included Packaging Workshops, a Packaging Leaders Round Table session, a start-up zone and the most celebrated 7^th edition of the India Packaging Awards.