FLAME University and Bain & Company Collaborate to Host IDMA's Annual Conference ‘Vriddhi 2024’


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Prerona Datta

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FLAME University and Bain & Company collaborate to host the annual conference of the Indian Drugs Manufacturers' Association (IDMA)—Vriddhi 2024—on February 23 and 24. Read full details here!

FLAME University

New Delhi: In collaboration with Bain & Company, FLAME University hosted the esteemed annual conference of the Indian Drugs Manufacturers' Association (IDMA)—Vriddhi 2024 on February 23 and 24, 2024. 

Located on its Pune campus, the two-day conference saw over 40 influential business leaders, 50 prestigious organisations, investors, and policymakers converging for a national summit. The theme of this significant event was to scrutinise and evaluate the opportunities, challenges, and strategic pathways of the Indian pharmaceutical industry. 

The conference emphasised the need to sustain a competitive edge and prioritise long-term objectives to generate value for all stakeholders involved. Discussions were made around establishing a platform for industry think tanks and academia to forge a forward-looking plan, ultimately contributing to socio-economic growth and development.

Dilip Shanghavi, Founder & Managing Director of Sun Pharmaceuticals, praised FLAME University for hosting the IDMA's Vriddhi Summit 2024. He expressed delight in participating in the event, highlighting its significance as a platform for entrepreneurs, industry experts, and academics to discuss opportunities and challenges in the Indian pharmaceutical industry. Shanghavi commended FLAME University for providing a conducive environment for learning and networking.

Vallabh Bhanshali, Co-founder and Chairman of ENAM Group, and Member of the Governing Body at FLAME University, highlighted this vision, expressing, "We are delighted to host the IDMA event at FLAME University, which reflects our vision of being a meeting point for various streams to help India achieve its ‘tryst with destiny’. Our infrastructure is designed to foster a congeniality in which new thoughts, the comfort of discussion, and openness can be actualized. We are glad that our campus is gaining recognition and popularity for various conventions and seminars. We believe that if our country has to become a greater country, we need to come together, open up, exchange ideas, and create new ideas. And that’s what our university is all about. It’s very integrated into the whole concept of FLAME University, and the infrastructure is not just infrastructure but a tool in our strategy.”

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