Top 10 Pharmaceutical Companies in India – The Indian pharmaceutical market is one of the best-performing sectors that provide lucrative business prospects. Over the past few years, the Indian pharmaceutical industry has experienced enormous expansion. There are a huge number of people that are heading toward the pharma industry for safe-harbor investments. The creation, approval, and marketing of new pharmaceuticals are some of the results of this substantial expansion. Additionally, as the elderly exhibit complicated disorders and take more medications per capita, the aging population is the primary factor driving market enlargement. Therefore, it is surely worthwhile to invest in this sector through one of the Top 10 Pharmaceutical Companies in India in 2022.
The pharmaceutical industry in India is one of the fastest-growing and most prosperous sectors, and if measured by volume, it would rank as the 13th-largest sector overall. Because there is such a high demand for pharmaceutical drugs worldwide, India’s pharmaceutical industry is unaffected even when the economy is down. Many people have launched businesses in this rapidly expanding industry with the help of a reputable franchisor. There are many benefits to investing in this dynamic economy. You have the chance to BECOME YOUR OWN BOSS. Additionally, the pharmaceutical industry generates larger returns and requires less investment capital. Aside from that, the rising demand for novel medicines makes this industry rewarding and successful.
So, are you seeking a partner to start a business in the Pharmaceutical sector?
If yes then you are exactly where you need to be because in this article we have rundown a list of the Top 10 Pharma Companies in India.
As we know, the Indian pharmaceutical industry supplies 50% of all pharmaceuticals used worldwide. India provides 25% of all pharmaceuticals in the UK and over 40% of generic drugs in the US. India is now rated third for manufacturing pharmaceuticals in large quantities, according to market statistics. However, this does not imply that the country’s domestic pharmaceutical market is any smaller. The domestic Indian market is served by more than 3000 pharmaceutical businesses and 11000 manufacturing facilities.
According to the most recent poll conducted in 2021, India’s domestic pharmaceutical market will develop three times as fast in the next ten years. The domestic pharmaceutical market in India is currently estimated to be worth $42 billion. The market size of this industry will reach the $65 billion level by the end of 2024, and the $130 billion mark by 2030. After Covid, the pharmaceutical export market will similarly have a 3 to 5 times increase in value over the next 5 years. Therefore, anyone looking to invest in the pharmaceutical industry, read this blog of Top 10 Pharmaceutical Companies in India and choose your preferences from the very best.
Finding a brand you can trust in this day and age is difficult because there are so many pharmaceutical companies offering their top services. Additionally, the extensive preceding study is needed, in addition to many other factors. But what if we made your bumpy path silky smooth instead? We already did it! We have identified the Top 10 Pharma Companies in India 2022 with whom you can launch your pharmaceutical business after conducting ground-breaking research. Let’s start with this list, then.
Founded in 1980, East African (India) Overseas is a pharmaceutical company with a focus on research that creates, develops, manufactures, and distributes high-quality, clinically-tested pharmaceutical products, making significant contributions to healthcare. Since the company’s founding, it has been driven by a desire to professionally fulfill all of its commitments to its clients and customers. The organization’s Compliance Standards and Code of Conduct clearly define the standards and guidelines they lay out on how they conduct their business ethically.
East African (India) Overseas offers 1000+ high-quality healthcare products that address a wide range of health issues. The organization holds WHO-GMP-approved production facilities and is recognized with ISO certifications. East African (India) Overseas has received approval from the Ministry of Health and the Republic of Kenya and is developing enduring ties with all of the nations they export to, including Afghanistan, Benin, Cambodia, Georgia, Kazakhstan, Kenya, Kyrgyzstan, etc.
The next on the list of Top Pharmaceutical Companies in India is Sun Pharmaceutical Industries Ltd. Indian multinational pharmaceutical company Sun Pharmaceutical Industries Ltd. was established in 1983. Its headquarters are in Mumbai, Maharashtra. The company manufactures and sells chronic and acute therapeutics, including API (active pharmaceutical ingredients), ARVs (antiretroviral), OTC (over-the-counter), and generic medications in India and the US. It ranks as one of the top pharma companies in India and the fourth-largest generic pharmaceutical company globally. In addition to this, the company offers more than 100 formulation medicines in India and other nations.
Founded in the year 1935, Chemical Industrial & Pharmaceutical Laboratories Ltd (Cipla) is a large, international pharmaceutical company based in India that sells generic medications to treat a variety of illnesses, including diabetes, weight loss, and respiratory problems. The company is well known for being the top supplier of antiretroviral drugs. Due to its extensive range and global presence, the organization has become one of the Top 10 Pharmaceutical Companies both in the Indian and international markets.
The next highly recognized top pharma company in India is Dr. Reddy’s Laboratories. This worldwide pharmaceutical firm based in India was founded in 1984. Its administrative center is in Hyderabad, Telangana. It manufactures and distributes generic medicines, over-the-counter medicines, 60 active pharmaceutical ingredients (API) for pharmaceutical manufacturers, biotechnology goods, diagnostic tools, and critical care in India and other nations. In India, it has more than ten FDA (Food and Drug Administration) plants that produce API. It has made a commitment to offering both innovative and reasonably priced medications ever since it was founded.
Indian pharmaceutical giant Divi’s Laboratories produces API, intermediates, and components for nutraceuticals. Its main office is in Hyderabad, Telangana, where it was established in 1990. This pharmaceutical firm ranks second in India in terms of market capitalization. One of the most competitive companies that made the high ranking in the Top 10 Pharmaceutical Companies in India. The USA, Australia, South Africa, the Philippines, Japan, and the USA are the nations where divi’s laboratory exports its goods.
The next best pharmaceutical company Aurobindo Pharma is based in Hyderabad’s HITEC City. They manufacture API and generic medications. In Pondicherry, the company started out in 1986 by manufacturing one unit of semi-synthetic penicillin. The organization acquired ACTAVIS in 2014, which ran generic operations in seven nations in Western Europe. The business has production, R&D, and distribution facilities and sells its goods in 125 countries. . Aurobindo pharma owns a number of companies, including Aurobindo Pharma, USA, Novagen pharma (pty) Ltd., and AuroZymes Limited.
The biggest and most established international pharmaceutical company in India is Abbott. It is a division of Abbott Laboratories, a US company. Its main office is in Mumbai, Maharashtra, where it was founded in 1944. The company manufactures pharmaceuticals and provides therapies in the areas of neurology, women’s health, gastrointestinal, anti-infectives, diabetology, urology, thyroid, and vitamins, among others. They produce 400 branded generic drugs all around the world and offer highly dependable and high-quality healthcare products.
One of the best pharma companies in India, Lupin, creates a variety of products, including generic medications, biotechnology items, and APIs. The company’s primary target areas include pediatrics, cardiovascular, diabetology, anti-effective, and anti-tuberculosis. When the business was established in 1968, it used to produce iron and folic acid tablets. After that, it starts making TB medications, which brought in a tonne of money for the business, which has its headquarters in Mumbai, Maharashtra. The production facilities of Lupin have expanded in India, Mexico, Brazil, the US, and Japan. More than 100 nations are where the corporation manufactures.
The Torrent Group owns the top pharmaceutical company in India, Torrent Pharmaceutical, an international pharmaceutical corporation with registrations in more than 40 nations. Ahmedabad serves as the company’s headquarters; it was established in 1959. They produce goods of the highest caliber at affordable costs. The cardiovascular, gastrointestinal, central nervous system, women’s health, anti-infective, diabetology, cancer, gynecology, and pain management therapeutic categories are where Torrent Pharma is ranked. It has its own manufacturing facilities and research facilities all throughout India.
Last but not least, Zydus Cadila Healthcare makes its mark on the list of the Top 10 Pharmaceutical Companies in India. Zydus Cadila rose to prominence as a top manufacturer of pharmaceutical, diagnostic, herbal OTC, and skincare goods. Ahmedabad serves as the company’s headquarters. It was established in 1952. There are Zydus products available in regulated markets in the US, Europe, South Africa, and Latin America. There are more than 30 manufacturing facilities around the world, including ones in Brazil, India, and the USA.
Interested individuals can learn more about some of the Top Pharma Companies in India in this article’s contents, as well as their specializations, by reading it. In India, the pharmaceutical industry is expanding dramatically, and the businesses there are all prepared to handle the difficulties of the future. In addition to finding attractive career prospects, this sector can provide inspiration for starting a pharmacy business for people with an interest in research or other pharmaceutical-related sectors. Therefore, we hope that our article on the Top 10 Pharmaceutical Companies in India was helpful to you and you found the necessary information you were looking for.
We have firm associations with leading domestic as well multinational pharmaceutical companies which comprise Cipla, Cadila, Zydus Cadila, Alkem, Glenmark, Abbott, Zuventus, Meyer, Ajanta Pharma, Anglo French, Neon Laboratories, Wockhardt, etc.