The Hindu Business Line : Hyderabad to host lab tech meet

Hyderabad, Oct. 9 Leading international manufacturers in the laboratory-technology sector such as Agilent Technologies, Analytik Jena, Dionex, Eppendorf, Merck, Mettler Toledo, Millipore etc. are expected to showcase the latest at Analytica Anacon India-2007 in Hyderabad.

Netzsch, Perkin Elmer, Shimadzu, Sigma Aldrich, Thermo, Waters and Varian have also confirmed their participation in the fourth edition of the three-day event to begin on October 31.

The exhibition is being organised by Munich International Trade Fairs, Internationaler Messe-und Ausstellungsdienst GmbH, Indian Analytical Instruments Association and Indo German Chamber of Commerce (IGCC).

Bio-tech cluster

The pharmaceutical industry in Hyderabad and the nearby cities is worth $1 billion with an annual growth rate of 20 per cent. Also Bangalore, Chennai and Hyderabad have the largest bio-tech cluster in the country with 46 per cent share of the total number of biotech companies in India, hence the choice of Hyderabad for the event, said Ms Sonia Prashar, General Manager, IGCC.

With some 150 exhibitors from eight countries and 2,700 expected guests, Analytica Anacon India would be an improvement over its previous version in Mumbai (130 exhibitors and 2,592 visitors), she said in a press release.

The Indian biotech industry generated $1.5 billion in sales last year and is expected to reach $5 billion by 2010, said Dr Ramakrishnan, President, Indian Analytical Instruments Association. Some of the major attractions of Analytica Ancon India 2007 are high-tech solutions from around the world for the Indian lab-community, he added.

Mr Hans-Joachim Heusler, MD, Munich International Trade Fairs, said with India’s pharmaceutical market growing rapidly, there’s an ever increasing need for medical and laboratory technology equipments. The market for analysis solutions, which is currently estimated to be worth Rs 2,000 crore, is expected to grow at a rate between 15 and 20 per cent during the next few years. An enormous push is expected between now and 2010, especially in biotechnology and life sciences.

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