Objectives
“The Association works for consolidation of the gains of the industry and serves as a catalyst between Government and the Industry on the various issues for the growth of the Industry”:
Strengthening India’s Pharmaceutical Industry
- Build on India’s existing strength in manufacturing and distribution.
- Significantly enhance R&D capabilities.
- Become a leading player in the global pharmaceutical market.
Serving as a Common Forum
- Promote discussions on key issues affecting the Bulk Drug Industry in India.
- Provide a platform for members to formulate collective views on national, economic, financial, and commercial policies impacting industry growth.
Encouraging Collaboration Among Members
- Foster mutual help and cooperation among members.
Advocacy & Representation
- Represent members’ collective opinions on industry-related matters.
- Engage with State and Central Government authorities to influence policy decisions affecting the bulk drug industry.
Information Sharing & Publications
- Disseminate relevant information to members.
- Publish and circulate papers, periodicals, books, and circulars beneficial to the industry.
Innovation & Research
- Promote the discovery and investigation of inventions beneficial to the Bulk Drug Industry.
- Support the development of new drugs and process improvements.
Market Development
- Develop strategies to enhance indigenous and export markets for Indian Bulk Drugs.
Dispute Resolution
- Provide arbitration and settlement services for commercial disputes between members and non-members (with mutual consent).
Quality & Research Facilities
- Establish and maintain libraries and laboratories for testing bulk drugs and allied products.
- Set up R&D centers for drug development and process improvements.
- Develop Hi-tech Research & Training Centers for industry advancement.
Funding & Support
- Accept donations and contributions from government bodies, philanthropic institutions, organizations like FAO, WHO, and individuals.
Legal & General Activities
- Undertake all lawful activities aligned with the Association’s objectives.