Forecast Looks Good for India Ph...( MAARSSEN Netherlands Nov. 9 /- Momen...),Health

MAARSSEN, Netherlands, Nov. 9 /PRNewswire/ -- Momentum is building for the early December staging in Mumbai of the third CPhI India and second P-MEC India pharma ingredients, services and technologies event. A combined total of over 600 exhibitors from over 80 countries are expected at the Bombay Exhibition Centre for the 2009 events, being held on 1 - 3 December.

In addition to high quality exhibitors, the 2009 events include two new launches. BioPh India will focus on the convergence of technologies and business models in pharma and healthcare biotechnology - especially across the common interest areas of innovation, product development, clinical trials, manufacturing and supply logistics.

2009 also brings the debut of ICSE India, with emphasis on the very fast-growing outsourcing and contract services sector. The co-located additions of BioPh India and ICSE India to CPhI India and P-MEC India add impressive further depth and networking value to the combined events. The 2009 events will also be complemented by two major conferences.

CPhI India became the fourth member of the brand's global event "family" in 2006 and was joined by P-MEC India in 2007. The combined exhibitions are the largest pharma services event in India and South Asia. Despite the recent global slowdown, Indian pharma has maintained standout growth rates, with a sector forecast to quadruple, from US $6.3bn. in 2005 to US $25bn. in 2015.

In their mid-2009 report, and underlining the important addition of ICSE India - E&Y/OPPI (Ernst & Young/Organisation of Pharmaceutical Producers of India - OPPI) noted that India's outsourcing sector is growing at 43%, with drug discovery and development segment growing at 65% - well over three times the global average. India is targeting to become one of the top five innovator countries by 2020.

Growth will figure strongly in the major confer
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