83rd Annual General Meeting
IBHA President Mr. Dinesh Dayal, while addressing the members, cited the year-long progress and activities undertaken by the Association. The past year, he felt had demonstrated a very complete and comprehensive engagement of tackling not only Ministry of Health issues like in the past but also issues on legal metrology and packaging, plastics, GST, effective stakeholder outreach via our first ever industry knowledge report during our second seminar, international networking with US, EU and UK associations, FDA to FDA training seminar, and legal defense cases.
Mr. Dayal opined that the beauty and hygiene consumption growth seemed to be back on track after the double shocks of demonetisation followed by the GST transition. He believed that the industry would remain cautiously optimistic about the full year effect and expected that the overall industry growth would mirror the GDP growth of 6-7 percent in the year ahead.