A new meeting focusing on the packaging industry, IndiaPack 2004, is scheduled to take place in Mumbai next October and underlines the development of the pharmaceutical industry in the country.
The Indian pharmaceutical industry has been developing at a phenomenal rate over the last few years, and in 2002 exported $16 billion of product to the US, with just $4 billion-worth coming the other way.
Much of the industry has been focused on bulk ingredients, but latterly companies such as Dr Reddy's and Ranbaxy have spearheaded the launch of finished products into the export markets.
IndiaPack 2004 reflects that maturity, and will be a showcase for international suppliers of equipment and machinery for paper and board converting, corrugated boxes, plastic conversion, flexible packaging, metal and glass conversion, as well as suppliers of packaging materials.
The Indian Institute of Packaging and Kinex Log International, UK will jointly organise the event, in association with Tafcon Group. It will be showcased within an area of 10,000 square feet with around 500 exhibitors expected to participate.
"10-15 per cent of the accessories exhibited would be focused on the pharmaceutical industry," said Rajiv Dhar, director, Indian Institute of Packaging, with the remainder targeted at other industries, including food.
Dina Macdonald, managing director of Kinex Log, predicted that Indian companies would be coming to the show looking to upgrade their facilities and increase productivity.
For more information on the event, visit Tafcon's website .