The role of Government of India and Engineering and Export Promotion Council (EEPC) in promotion of Indian Pharmaceutical Machinery Sector

The Indian Government and EEPC should focus on strengthening the Indian Pharmaceutical Machinery Manufacturers stronghold in the subcontinent. In addition, they should set up specialized engineering courses and should actively include pharmaceutical machine manufacturers in different national bodies.

Despite the downturn, it has being claimed by a national daily that in the last 10 months, the Indian Pharmaceutical industry has probably carried out the largest number of transactions in its 50-yeary industry. But the man-machine combo behind the exponential growth of the Indian pharmaceutical industry is the Indian Pharmaceutical Machinery Sector.

The Indian Pharmaceutical Machinery Industry has been growing along with the Indian Pharmaceutical Industry, given the increase in demand for quality pharmaceutical machines. However, The Pharmaceutical Machinery Manufacturers are not just catering to the Indian markets, but have spread their operations globally. For instance, Cadmach pharmaceutical Co. Pvt. Ltd an internationally renowned machinery manufacturers has its operations in 80 countries.

Now the sector has set its sights on the US and European markets. Indian pharmaceutical machinery manufacturers, unsurprisingly, have been manufacturing in accordance with the international standards and so have a fearless approach when it comes to inspection or approval of their facility. This is one the main reasons that India has the most FDA-approved facilities in the world.

Indian’s government’s role in encouraging the Pharmaceutical Machinery sector is commendable. However, the experts feel that many more organizations need to get involved to expand the growth of this sector. The Engineering and Export Promotion Council (EEPC) and government of India should work hand-in-hand to facilitate small and medium scale manufacturers to export their products worldwide.

Interestingly, even foreign pharmaceutical machine manufacturers are keenly interested in joining forces with the Indian Pharmaceutical Machinery Manufacturers. So the EEPC and the Government should help manufacturers find proper ways to finalize these tie-ups. Regions like Latin America and Eastern Europe are reportedly the places with great growth opportunities. Our manufacturers are keenly looking forward to gain entries in these regions, so government support can create a helpful environment for these aspiring manufacturers to venture into these regions.

Even in the subcontinent, Indian Pharmaceutical Machinery Products can do much better. Neighboring countries like Pakistan have placed Indian Pharmaceutical Machinery Products on the negative list. This can prove to be a great loss in terms of growth for our machinery manufacturers- both belonging to the Pharmaceutical industry as well as the engineering sector. Government could intervene and remove the roadblocks affecting the sector and get the machinery products on the positive list, which will provide a great boost to Indian Machinery Exports.

.In addition, the government should focus on setting up of specialized engineering course as part of Curriculum of Pharmacy, which will provide wannabe students a clear idea on the Indian Pharmaceutical Machinery Engineering sector and then encourage them to pass on their precious knowledge to the pharmaceutical industry.

Last but not the least, the government and EEPC should encourage Pharmaceutical machinery manufacturers to be part of various delegations and bodies. To offer them a platform for exchange of views, this will not just help them, but even the engineering sector and the government in the future.