About the Miracle that is "BIMSTEC Economic Region"

About the Miracle that is "BIMSTEC Economic Region"

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About the Miracle that is "BIMSTEC Economic Region"
About the Miracle that is "BIMSTEC Economic Region"
Evergreen Beauty, Health & Pharma

Evergreen Beauty, Health & Pharma

All about medical, pharma & healthcare business: export, import & investment. Welcome to India! Invest in India, the pivot of BIMSTEC Economic Region having 21% world's population who are mostly young

Dr. Madhab Paul, PhD's avatar
Dr. Madhab Paul, PhD
Dec 14, 2021
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India the Pharmacy of the World

The Journey began in Bengal with the Bengal Chemical & Pharmaceutical Works.

Professor Prafulla Chandra Ray & the first Indian Company for production of quality Drugs & Pharmaceuticals, Chemicals and Home Products:

Bengal Chemical & Pharmaceutical Works Ltd. (BCPW), established by Professor Prafulla Chandra Ray.

Screenshot, 2022–01–18: at 11–24–48, Acharya Sir Prafulla Chandra Ray — Google Search, Dr. Madhab Paul
Screenshot 2022–01–18: Acharya Sir Prafulla Chandra Ray — Google Search

Acharya Sir Prafulla Chandra Ray, CIE, FNI, FRASB, FIAS, FCS was an eminent Bengali chemist, educationist, historian, industrialist and philanthropist. He established the first modern Indian research school in chemistry and is regarded as the father of chemical science in India. — Wikipedia

The tradition and business continues over centuries!

From initial venture with Drugs & Pharmaceuticals, the Company gradually expanded and diversified into wide range of product lines. Industrial Chemicals, Bulk Drugs, Perfumeries, Cosmetics, Toiletries, Hospital & Surgical Equipment, Fire Extinguisher etc. were some of the products, besides horizontal and vertical integration of its Chemical and Pharmaceutical product ranges.

— Bengal Chemicals & Pharmaceuticals Limited ,

(the present name of the company established by Professor Roy)


Federal Governance in India

Under the federal Indian governance system, Indian States certainly have an important role to play in India’s business environment.

Why Set-up Business in Bengal for FDI in India?

Over the past decades, some Indian states have progressed at an higher space than the other states. In the past decades, the industrialization and development in West Bengal lagged behind it’s past glory.

However, West Bengal has progressed significantly in other parameters of societal development compared to many other states in India. And Bengal is expected to catch-up with the entrepreneurship and business. That opens up possible opportunities for setting up new businesses in West Bengal, to invest in India and for doing business in India.

The advances in “Indian pharma, medical and healthcare sectors” certainly presents good opportunities for investment (FDI), startup, R&D, technical collaborations and mergers & acquisitions in Indian Pharma, Medical and Healthcare industries. Bengal was the pioneer in pharma, medical and healthcare sectors in India.

PM Modi’s remarks at World Economic Forum, Davos 2022

World Economic Forum — the “best time” to invest in India

While addressing World Economic Forum virtually, Indian Prime Minister Narendra Modi declared that India has given a “bouquet of hope” to the world, and listed a comprehensive set of economic reforms — “deep economic reforms” — initiated by his government in recent years and called it the “best time” to invest in India.

PM Modi said, “The entrepreneurship spirit that Indians have, the ability to adopt new technology, can give new energy to each of our global partners. That’s why this is the best time to invest in India.”

Opportunities in Indian Pharma, Medical and Healthcare

The advances in Indian Pharma-healthcare sectors, now, offers better opportunities for startup, research and development, technical collaborations, investment and mergers & acquisitions in Indian Pharma, Medical and Healthcare.

The Bengal Connection

Bengal Chemical & Pharmaceutical Works Ltd. (BCPW) — now renamed as, Bengal Chemicals & Pharmaceuticals Limited — was the first Indian Company established in Kolkata (Calcutta) to promote entrepreneurship and create jobs, and for India’s self reliance.

India the Pharmacy of the World.

And the journey began in Bengal on 12 April 1901, over 120 years ago, with Bengal Chemical & Pharmaceutical Works established by Sir Prafulla Chandra Ray.

And the “Tradition” continues over the centuries.

“…the best time to invest in India” — PM Modi

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Welcome to India!!

Invest in India — the pivot of BIMSTEC Economic Region having 21% world's population who are mostly young.

About the Miracle that is "BIMSTEC Economic Region"!!

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