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Special Measures by Department of Commerce for Promotion of Veterinary medicines and investment in Veterinary Vaccine Plants in Vietnam
 

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Ref: PXL/H.O./CIR-061/2015-16                         Date: 13.08.2015

Special Measures by Department of Commerce for Promotion of Veterinary medicines and investment in Veterinary Vaccine Plants in Vietnam

 


To
All the Members of Council,

 

Dear Sir/Madam,

 

Subject: Special Measures by Department of Commerce for Promotion of Veterinary medicines and investment in Veterinary Vaccine Plants in Vietnam

 

We would like to inform member companies that Council received a communication from Department of Commerce proposing the following measures to promote exports to Vietnam:

 

  1.  To promote Veterinary medicine exports from India to Vietnam
  2.  To encourage investment in Veterinary Vaccine Plants in Vietnam

 

Members are kindly aware, Vietnam is an important destination for Indian Pharma exports in the Asean region. Despite few challenges in exporting our medicines to Vietnam, our exports for the year 2014-15 have grown at 8% when compared to the previous year.

 

India's Exports to Vietnam (in USD mn)

2012-13

2013-14

2014-15

Category

     

Ayush

0.50

0.66

0.69

Bulk Drugs & Drug Intermediates

58.26

59.35

60.50

Drug Formulations & Biologicals

134.62

142.32

146.18

Herbals

6.82

6.88

6.88

Surgicals

0.23

1.60

1.88

Vaccines

2.32

1.36

15.79

VIETNAM SOC REP Total 

202.74

212.18

231.92

 


We understand veterinary medicines and vaccines (human& veterinary) are in demand from Vietnam and other Asean countries. In this context, Department of Commerce is proposing to initiate measures to promote the export of Veterinary medicines from India and also to encourage possible investments in Veterinary Vaccine Plants in Vietnam by member companies. This would create market opportunities for domestic sales as well as to export vaccines from Vietnam to other Asean countries.

 

Member companies interested in exporting veterinary medicines to Vietnam and invest in Vaccine plants at Vietnam may please give their views/suggestions and also send their interest to dgdesk@pharmexcil.com at the earliest, for onward submission to Department of Commerce.

 

With regards,

Dr.P.V.Appaji
Director General

H.O.: 101, Aditya Trade Centre, Ameerpet, Hyderbad-500038
Tel: +91-40-23735462/66, Fax: +91-40-23735464
Email: info@pharmexcil.com Website: www.pharmexcil.com