Asia Labex is now India’s Premier Exhibition for laboratory professionals

The Indian Pharma industry, which is expected to grow over 15 per cent per annum between 2015 and 2020, will outperform the global Pharma industry, which is set to grow at an annual rate of 5 per cent between the same period, thereby emerging as the sixth largest pharmaceutical marketthus the Laboratory instruments segment is growing rapidly in India.

Currently, Gujarat-based Pharma companies contribute 40% of India’s pharma production Recently, US-based Abbott Laboratories, Israel’s Teva Pharmaceutical & Singapore-headquartered Biosensors International unveiled plans to set up plants in Gujarat. Till date, 112 memorandum of understanding (MoUs) worth Rs 12,751 crore have been signed