India Launches Abrifi to Boost Pharmaceutical Trade Ahead of Lula’s Visit
India launches Abrifi to enhance pharmaceutical industry ties and trade with Brazil ahead of President Lula's visit, with expectations of $80 billion in sector growth.
- • Launch of Abrifi to strengthen India-Brazil pharmaceutical trade and cooperation.
- • Expectations of $80 billion in Indian pharmaceutical sector growth in Brazil.
- • President Lula’s upcoming trade visit to India focused on health technology and trade.
- • R$ 1.4 billion financing planned for importing smart hospital technologies from India.
Key details
India has launched a new industrial association, Abrifi (Associação Brasileira da Indústria Farmacêutica Indiana), aimed at strengthening the pharmaceutical trade and cooperation between India and Brazil. The launch on October 10 at the Indian embassy in Brasília coincided with the upcoming trade visit of Brazilian President Luiz Inácio Lula da Silva to India. Health Minister Alexandre Padilha highlighted Abrifi as a pivotal platform to enhance Brazil-India economic relations. He noted that India increased its health product exports, including medicines and personal protective equipment, to Brazil in 2025, underscoring Brazil as India's main healthcare market in Latin America.
Abrifi's legal and regulatory director, Glauco Santos, expressed expectations that the Indian pharmaceutical sector could generate around $80 billion in Brazil in coming years by tackling bureaucratic and regulatory hurdles. Indian Ambassador Dinesh Bhatia emphasized the presence of top Indian healthcare companies in Brazil and the goal to improve India’s trade balance through the pharmaceutical sector.
In parallel, Brazil plans to import smart hospital technologies from India, supported by R$ 1.4 billion financing from the Novo Banco de Desenvolvimento. This investment aims to facilitate the construction of intelligent hospitals and enhance healthcare infrastructure across Brazil. Minister Padilha praised Abrifi’s timely establishment ahead of these strategic bilateral negotiations.
This article was translated and synthesized from Brazilian sources, providing English-speaking readers with local perspectives.
