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Pharmaceutical Export Promotion Council

Exactly what is it?

The Ministry of Commerce and Industry, Government of India, has designated the Pharmaceuticals Export Promotion Council of India (Pharmexcil) as the designated export promotion council. It is designed to strengthen India's position in the global pharmaceutical market by providing support to exporters through a variety of initiatives, thereby serving as a facilitator and promoter of pharmaceutical exports.

India's export sector is vast and diverse, spanning textiles, handicrafts, pharmaceuticals, silk, jute, leather, gems, jewellery, engineering goods, electronics, and more. To effectively support and streamline this export ecosystem, the

Government of India has established specialized Export Promotion Councils (EPCs)

and licensing authorities. These councils act as the link between Indian exporters and international markets, providing both regulatory guidance and strategic promotional support.

Key Topic Index

  • Pharmaceutical Export Promotion Council
  • Significance of the Council?
  • Advantages for Both Exporters and Importers
  • Registration Procedure
  • Documents required as-
  • Frequently Asked Questions (FAQs)
  • Why you should choose Make Merchant to register your business?
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Significance of the Council?

Pharmaexcil is instrumental in the expansion and reinforcement of pharmaceutical exports from India. It serves as the official intermediary between the government and exporters, facilitating the resolution of trade barriers, the streamlining of export procedures, and the promotion of Indian pharmaceuticals on a global scale. The council's guidance guarantees that Indian exporters adhere to global standards, thereby enhancing their acceptance and trust in foreign markets.

Advantages for Both Exporters and Importers

  • Export Promotion: Offers pharmaceutical exporters marketing assistance, trade fair participation, and export incentives.
  • Regulation Support: Assists exporters in navigating the intricate regulatory requirements of various countries.
  • Training and Capacity Building: Provides training programs to enhance competitiveness, quality compliance, and export skills.
  • Market Access: Streamlines the process of entering new and emerging markets by conducting buyer-seller meetings, trade delegations, and market research.
  • Policy Advocacy: Represents industry interests in government forums to influence policies that are advantageous to the pharmaceutical export sector.
  • Technical Assistance: Offers assistance with quality management, documentation, packaging, and labeling to comply with international standards.
  • Information Exchange: Distributes newsletters and reports that provide the most recent information on global market trends, regulations, and opportunities.

Registration Procedure

Pharmaceutical exporters who are interested in becoming members of Pharmexcil may apply for membership by submitting the requisite documentation and meeting the eligibility requirements. This membership grants access to council services and export promotional benefits. Although the council is responsible for managing the precise procedural steps, professional assistance can simplify and expedite the registration process.

Documents required as-

  • Valid Import Export Code (IEC) issued by DGFT
  • The proprietor's or company's PAN card
  • Company/Firm Registration Certificate (Certificate of Incorporation, Partnership Deed, etc.)
  • Drug licenses and manufacturing certificates issued by regulatory authorities (e.g., CDSCO)
  • Certificate of Good Manufacturing Practices (GMP)
  • Latest export performance reports (if applicable)
  • Details of the bank account (cancelled cheque or bank certificate)
  • Passport-sized photographs of key personnel

Frequently Asked Questions (FAQs)

Pharmexcil facilitates and encourages pharmaceutical exports by offering market insights, regulatory assistance, training, and export incentives.

Although membership is not compulsory, it is highly recommended for serious exporters due to the valuable benefits it provides.

Export promotion schemes, policy advocacy, market research, regulatory support, and participation in trade fairs are among the advantages.

Key documents consist of IEC, PAN, company registration certificates, drug licenses, GMP certificates, and bank details.

Membership processing times are subject to change; however, they typically conclude within a few weeks of the submission of all necessary documentation.

When you want to launch your business, Make Merchant is where it's at!

Make Merchant provides the lowest prices in India and simplifies the process of registering your business. Get in touch with us immediately for a no-cost consultation and assistance with the entire process.

In conclusion

Indian pharmaceutical exporters who are seeking to expand internationally must collaborate with the Pharmaceuticals Export Promotion Council (Pharmexcil). It significantly enables businesses to achieve global success by providing support in regulatory guidance, market access, training, and export incentives. MAKE MERCHANT is prepared to provide exporters with the necessary support to obtain Pharmexcil membership and effectively navigate the benefits, thereby guaranteeing the smooth operation of their export operations.

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Address: 308, 3rd floor, bheema complex, nirman vihar , east delhi, delhi 110092