Goa set to become key pharma hub

Sachin JagdaleGoa

Representatives from all major pharmaceutical companies across India participated in the recently concluded IPA Convention 2013 that took place in Goa. The phenomenal response of the pharma industry to this Convention underlined the fact that Goa is very much on the path to become a pharma hub of India. Officials from the regulatory agencies of  the US and UK, the top regulated markets, USFDA and MHRA, were present at the event in large numbers.

It was a historic moment for Goa as the state was hosting the IPA Convention after a gap of over two decades. “The Indian pharma industry has been on the global map for many decades. Goa is an investor friendly destination and theGoa Government is also proactively supporting the pharma industry. Goa also has an advantage of environment friendly units. Almost every major pharma company has set up its base in Goa,” informs Salim Veljee, Chairman LOC and President, IPA Goa branch. He adds, “Besides the pharma companies, IPA Convention 2013 saw the presence of many senior government officials from all the major states across India as well. We designed different sessions in such a way that every key issue related to Indian pharma industry would be addressed during the Convention.”

Senior pharma professionals present during the event unanimously endorsed the fact that IPA Convention 2013 was one of the most successful conventions in recent years. With Goa aggressively making inroads into the Indian  pharma industry, traditional pharma hubs like Maharashtra will surely need to work hard to preserve their decades-old dominance in this sector.

sachin.jagdale@expressindia.com

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