Panel Discussion: Business innovation through sustainability: From obligation to opportunity

Panellists in this video:
• Mr Ajay Bapat, Pharma Consultant (MODERATOR)
• Mr Manoj Kumar, Cluster Lead – Packaging, Sun Pharma
• Mr Prafull V Deshpande, Team leader – Packaging Development, Lupin
• Mr Kumar Suman, AGM & Head – Packaging Development (Injectables and Medical Devices), Macleods Pharmaceuticals
• Mr Iranna SB, VP – MSAT, Maiva Pharma

Key Highlights:
[1] Any innovation is truly successful only when it generates business value or is cost-efficient

[2] The industry should actively promote and prioritise reusability as a key principle of sustainability

[3] Sustainability is no longer a choice but a necessity. Packaging materials must be developed and innovated with a strong sustainability perspective

[4] Regulatory frameworks should be established to mandate the use of sustainable materials

[5] The e-pharmacy sector is growing rapidly, but its reliance on non-biodegradable materials poses challenges. While it has benefited consumers, a balance must be struck