Global Leaders Gather at Nutrify Today C-Suite Summit 2023 to Empower $100 Billion Mission for India’s Nutraceutical Industry
Mumbai, Maharashtra, India — The global nutraceutical community gathered in Mumbai for the highly anticipated Nutrify Today C-Suite Summit 2023, a groundbreaking event showcasing India’s rising leadership in the global nutraceutical industry. Following the success of the inaugural summit in 2022, the 2023 edition held at the prestigious Taj Mahal Palace brought together over 300 CEOs, diplomats, government officials, and industry leaders to explore investment opportunities, discuss industry growth, and support India’s mission to become a $100 billion nutraceutical powerhouse.
India Takes the Lead in the Global Nutraceuticals Market
The Nutrify Today C-Suite Summit 2023 positioned India as the new global hub for nutraceuticals. The event was backed by the Indian government’s Nutraceutical Task Force, spearheaded by the Principal Scientific Officer of the Government of India (GOI), and is focused on transforming India into the leading source for nutraceutical ingredients and products. With over 350 delegates from around the world, the summit reinforced India’s growing influence in this vital sector.
Government and Industry Support for Growth
The summit garnered significant support from various dignitaries, including Dr. Meenakshi Singh, Secretary to the Nutraceutical Task Force under the PSA to the Government of India and Chief Scientist of CSIR, and Dr. Manoj Nesari, Advisor at the Ministry of Ayush. The summit also saw the participation of influential figures such as Mr. Paranav Jyoti, Executive Director to the Royal Office of HH Sheikh Ahmed Bin Faisal Al Qassimi (UAE), Mr. Bart de Jong, Consul General of the Kingdom of the Netherlands, and prominent industry leaders like Mr. Sudarshan Jain, Chairman of the Indian Pharmaceutical Alliance, and Mr. Shivam Puri, CEO of Cipla Health.
A highlight of the summit was the announcement of a $5 million grant by the strategic advisor to the Private Office of HH Sheikh Ahmed Bin Faisal Al Qassimi to support India’s emerging nutraceutical sector.
Nutrify Genie: Revolutionizing the Nutraceutical Industry with AI
One of the most exciting innovations introduced at the summit was the unveiling of Nutrifygenie, the world’s first Artificial Intelligence platform designed specifically for the nutraceutical industry. Developed in India, Nutrifygenie boasts over 2.5 million technical data points, enabling the rapid ideation and commercialization of unique nutraceuticals portfolios in half the time traditionally required. This game-changing technology further solidifies India’s position as a leader in the nutraceuticals sector.
Driving Global Collaboration for Growth
The Nutrify Today C-Suite Summit 2023 saw international participation from countries such as Brazil, Mexico, the USA, South Korea, Switzerland, Bangladesh, Indonesia, Japan, Australia, the UAE, Saudi Arabia, and more. Diplomats from the embassies of the Netherlands, the USA, and Australia were also in attendance, signaling the global interest in India’s burgeoning nutraceutical market.
India’s Future in the Global Nutraceutical Market
Amit Srivastava, the founder of Nutrify Today and Nutrify Genie, shared his vision of creating strategic market access corridors between India and key global markets such as Japan, South Korea, the USA, Indonesia, and Mexico. This vision aims to facilitate the growth of the nutraceutical industry by creating seamless trade opportunities and collaborative partnerships.
“Nutrify Today is proud to be the world’s first platform for the democratization of the nutraceutical supply chain,” said Srivastava. “Through our innovations and strategic initiatives, we aim to empower stakeholders around the world and position India as the global hub for nutraceuticals sourcing and market access.”
Looking Ahead: India’s Global Leadership in Nutraceuticals
With its focus on innovation, global collaboration, and a commitment to sustainable growth, India is poised to become the leading player in the nutraceuticals industry, helping to shape the future of health and wellness worldwide. The Nutrify Today C-Suite Summit 2023 marks the beginning of an exciting new chapter for India’s nutraceutical sector, driving global business and opportunities for stakeholders across the industry.
Rajneesh Singh is a journalist at Asian News, specializing in entertainment, culture, international affairs, and financial technology. With a keen eye for the latest trends and developments, he delivers fresh, insightful perspectives to his audience. Rajneesh’s passion for storytelling and thorough reporting has established him as a trusted voice in the industry.
