Top 40 Pharmaceutical companies in Mumbai

Almost all of India’s major pharmaceutical companies, including Indoco, have their headquarters in Mumbai.

Furthermore, due to its advantageous location for smooth distribution across the country, many pharmaceutical companies have chosen Maharashtra as a center point. On a larger scale, Maharashtra has always been Mumbai’s industrial and financial hub.

Various industries began operations in the state and expanded significantly as a result of the favorable business environment and government policies.

Among all industries, the pharmaceutical industry has always reaped the greatest benefits from such policies.

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Overview of Pharmaceutical companies in Mumbai

Mumbai, the state capital of Maharashtra, is India’s largest and most densely populated city. Maharashtra, the country’s third-largest state, spans 307,690 square kilometers and has a population of 96.9 million people. With its core urbanization, the state’s key industrial clusters are vast, making it the nation’s financial capital.

Petrochemicals, automobiles, pharmaceuticals, financial services, media and entertainment, IT & its Enabled Services (outsourcing), and textiles are among the major industries that exist.

For more than a century, Maharashtra, India’s western state, has served as a focal point for the Indian pharmaceutical industry.

The development of the biopharmaceutical cluster in Maharashtra has occurred in three stages: pre-independence, 1947–1990, and 1991–present.

All of these phases correspond to major events such as India’s independence in 1947 and the 1990 Balance of Payments Crisis.

Today, Maharashtra accounts for 35% of India’s biotech revenue, thanks to the expansion territory of over 70 companies spread across the state.

Leading national companies such as Wockhardt, Nicholas Piramal, and Intas, as well as several large international corporations, have their in-house pharma production bases here.

Furthermore, Mumbai, Maharashtra’s port city, is leading the state’s biopharmaceutical industry, as the State Municipal Corporations focus on fulfilling their responsibility in large urban areas in terms of health and hygiene.

Pharmaceutical sector in Mumbai

While most pharma companies established new facilities elsewhere, they maintained their current manufacturing facilities in Maharashtra due to advantages such as good infrastructure, the availability of skilled labor, and the ease of doing business.

With so many pharmacy graduates graduating from pharmacy schools each year, the state also has an advantage in terms of skilled labor.

Due to the strict regulatory guidelines of the world’s regulatory bodies, this skilled manpower supply is critical to maintaining international manufacturing standards. Outside of the United States, Mumbai has the highest number of US FDA-approved plants, with Maharashtra having the highest number of such plants.

The state’s regulatory infrastructure is of the highest caliber, and the percentage of substandard drugs produced in Maharashtra is negligible when compared to other states.

Maharashtra is also the first state to establish an independent Intelligence Branch with its wing to facilitate and expedite investigations under FDA-enforced acts.

R&D is at the heart of the pharmaceutical industry, and the industry can only thrive if significant investments are made in developing new products for both domestic and international markets. In terms of R&D, Indoco has never ventured outside of Maharashtra, Mumbai.

We began our R&D center in Andheri and later relocated to Rabale in Navi Mumbai, where we now have a world-class R&D center covering 100,000 square feet. More than 300 scientists work at the R&D center to develop new API manufacturing processes as well as finished products.

The pharmaceutical industry’s research activities are now shifting from generic product development to super generics, value-added generics, and biosimilars. Mumbai can attract R&D investments in new research areas and take the necessary steps to capitalize on this opportunity.

Pharmaceutical companies in Mumbai

Here’s is a list of some of the leading pharmaceutical companies in Mumbai;

ACG PHARMAPACK PRIVATE LIMITED

Address: 1001, 10th Floor, Dalamal House Nariman Point Mumbai, Maharashtra, 400021 India

Phone: +91-2222872559

Website: Click here

Year Started: 2004

Incorporated: 2004

AMOLI ORGANICS PRIVATE LIMITED

Address: No. 407, Dalamal House, Jamnalal Bajaj Road, Mumbai, Maharashtra, 400021 India

Phone: +91-2222854716

Website: Click here

Year Started: 1991

Incorporated: 1991

ANUH PHARMA LIMITED

Address: 3-A, Shivsasgar Estate, North Wing Dr. Annie Besant Road, Worli Mumbai, Maharashtra, 400018 India

Phone: +91-2266227575

Website: Click here

Sales: $59.63 million

Sales Growth: 40.72%

Year Started: 1960

Incorporated: 1960

ARCH PHARMALABS LIMITED

Address: 3rd Floor, Titanic Building, Chandivali Farm Road Near HDFC Bank, Andheri (East), Mumbai, Maharashtra, 400072 India

Phone: +91-2242871210

Website: Click here

Year Started: 1993

Incorporated: 1993

BDR PHARMACEUTICALS INTERNATIONAL PRIVATE LIMITED

Address: Engineering Centre, 9th Matthew Road, 6th Floor, Opera House, Mumbai, Maharashtra, 400004 India

Phone: +91-2240560560

Website: Click here

Year Started: 2002

Incorporated: 2002

BENZO CHEM INDUSTRIES PRIVATE LIMITED

Address: 26/28 A, Cawasji Patel Street, Fort, Mumbai, Maharashtra, 400001 India

Phone: +91-2243555888

Website: Click here

Year Started: 1986

Incorporated: 1986

BLISS GVS PHARMA LIMITED

Address: 102, Hyde Park, Saki Vihar Road, Andheri (East), Mumbai, Maharashtra, 400072 India

Phone: +91-2242160000

Website: Click here

Sales Growth: -16.6%

Year Started: 1984

Incorporated: 1984

BLUE CROSS LABORATORIES PRIVATE LIMITED

Address: Peninsula Chambers, Peninsula Corporate Park G.K Marg, Lower Parel (West) Mumbai, Maharashtra, 400013 India

Phone: +91-2224955566

Website: Click here

Year Started: 1980

Incorporated: 1980

BLUE JET HEALTHCARE PRIVATE LIMITED

Address: 34, Empire Building 1st Floor, 146, Mahendra Chambers, Dadabhai Nawroji Road, Fort Mumbai, Maharashtra, 400001 India

Phone: +91-2222075307

Website: Click here

Year Started: 1968

Incorporated: 1968

CENTAUR PHARMACEUTICALS PRIVATE LIMITED

Address: Centaur House, Shanti Nagar Vakola, Santacruz (East) Mumbai, Maharashtra, 400055 India

Phone: +91-2266499100

Website: Click here

Year Started: 1980

Incorporated: 1980

CHEMSPEC CHEMICALS LIMITED

Address: Plot No. 3-C, MIDC Taloja, Taluka- Panvel, Dist- Raigad, Navi Mumbai, Maharashtra, 410208 India

Phone: +91-2243443456

Website: Click here

Year Started: 1975

Incorporated: 1975

DSM NUTRITIONAL PRODUCTS INDIA PRIVATE LIMITED

Address: Office 07A-108 WeWork Raheja Platinum Sag Baug Road, Off Andheri-Kurla Road Marol Mumbai, Maharashtra, 400059 India

Phone: +91-2240349101

Website: Click here

Year Started: 2003

Incorporated: 2003

ELDER PHARMACEUTICALS LIMITED

Address: Elder House, Plot No.C-9, Dalia Industrial Estate, Off Veera Desai Road, Mumbai, Maharashtra, 400053 India

Phone: +91-2226730058

Website: Click here

Year Started: 1983

Incorporated: 1983

ENCUBE ETHICALS PRIVATE LIMITED

Address: 803 B-Wing, HDIL Kaledonia, Sahar Road, Andheri East, Mumbai, Maharashtra, 400069 India

Phone: +91-2262288000

Website: Click here

Year Started: 1995

Incorporated: 1995

GUFIC BIOSCIENCES LIMITED

Address: 1st to 4th Floor, S.M. House, 11 Sahakar Road, Mumbai, Maharashtra, 400057 India

Phone: +91-2267261000

Website: Click here

Sales: $67.32 million

Sales Growth: 28.74%

Year Started: 1984

Incorporated: 1984

HARMAN FINOCHEM LIMITED

Address: 107-A, Vinay Bhavya Complex, 159-A, CST Road, Kalina, Santacruz (East), Mumbai, Maharashtra, 400098 India

Phone: +91-2226528080

Website: Click here

Year Started: 1983

Incorporated: 1983

INDCHEMIE HEALTH SPECIALITIES PRIVATE LIMITED

Address: 510-517, Shah & Nahar Industrial Estate, Dr. E. Moses Road, Worli, Mumbai, Maharashtra, 400018 India

Phone: +91-2224927319

Website: Click here

Year Started: 1986

Incorporated: 1986

INNOVA CAPTAB LIMITED

Address: Office No. 606, Ratan Galaxie-6th Floor, J.N. Road, Plot No. 1, Mulund (West), Mumbai, Maharashtra, 400080 India

Phone: +91-7807808459

Website: Click here

Year Started: 2005

Incorporated: 2005

INVENTIA HEALTHCARE LIMITED

Address: Unit 703 and 704, 7th Floor Hubtown Solaris Mumbai, Maharashtra, 400069 India

Phone: +91-2267163000

Website: Click here

Year Started: 1985

Incorporated: 1985

KORES (INDIA) LIMITED

Address: 301/302, Ashford Chambers, Lady Jamshedji Road, Mahim (West), Mumbai, Maharashtra, 400016 India

Phone: +91-2224474527

Website: Click here

Year Started: 1936

Incorporated: 1936

MANGALAM DRUGS AND ORGANICS LIMITED

Address: Rupam Building, 3rd Floor, 239, P. D’Mello Road, Near G. P. O Mumbai, Maharashtra, 400001 India

Phone: +91-2222616200

Website: Click here

Sales: $52.45 million

Sales Growth: 34.63%

Year Started: 1972

Incorporated: 1972

MARKSANS PHARMA LIMITED

Address: 11th Floor Grandeur, Off Veera Desai Extension Road, Opp. Gundecha Symphony, Oshiwara, Andheri (W), Mumbai, Maharashtra, 400053 India

Phone: +91-2262638200

Website: Click here

Sales: $188.89 million

Sales Growth: 21.17%

Year Started: 1992

Incorporated: 1992

MEDLEY PHARMACEUTICALS LIMITED

Address: Medley House, D-2, MIDC Area Andheri (East) Mumbai, Maharashtra, 400093 India

Phone: +91-2268757575

Website: Click here

Year Started: 1975

Incorporated: 1975

MERCK SPECIALITIES PRIVATE LIMITED

Address: 8th Floor, Godrej One, Pirojshanagar, Eastern Express Highway, Vikroli East, Mumbai, Maharashtra, 400079, India

Phone: +91-2225186830

Website: Click here

Year Started: 2005

Incorporated: 2005

NEON LABORATORIES LIMITED

Address: 140, Damji Shamji Industrial Complex, Mahakali Caves Road, Andheri (E), Mumbai, Maharashtra, 400093 India

Phone: +91-2226875366

Website: Click here

Year Started: 1982

Incorporated: 1982

NERKA CHEMICALS PRIVATE LIMITED

Address: Plot No 167 Ready Money Terace Dr. Annie Besant Road Mumbai, Maharashtra, 400018 India

Phone: +91-2261233500

Website: Click here

Year Started: 1980

Incorporated: 1980

NIRMAL INDUSTRIES PRIVATE LIMITED

Address: 4-A, M.I.A Mumbai, Maharashtra, 301030 India

Phone: +91-2225930324

Website: Click here

Year Started: 1988

Incorporated: 1988

NUTRICIA INTERNATIONAL PRIVATE LIMITED

Address: Office No.1, 3rd Floor, Centrium Gate 1 Phoenix Market City, L B S Road Mumbai, Maharashtra, 400070 India

Phone: +91-2266696740

Website: Click here

Year Started: 2011

Incorporated: 2011

OMNIACTIVE HEALTH TECHNOLOGIES LIMITED

Address: Unit No. T-8B, 5th Floor, Phoenix House, Phoenix Mills Compound, 462, Mumbai, Maharashtra, 400013 India

Phone: +91-2224930006

Website: Click here

Year Started: 2003

Incorporated: 2003

ORTHO CLINICAL DIAGNOSTICS INDIA PRIVATE LIMITED

Address: Unit No. 403, 4th Floor, Leela Business Park Andheri Kurla Road, Andheri (East), Mumbai, Maharashtra, 400059 India

Phone: +91-2267879300

Website: Click here

Year Started: 2015

Incorporated: 2015

PFIZER PRODUCTS INDIA PRIVATE LIMITED

Address: The Capital, 1802 / 1901, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051 India

Phone: +91-2266932000

Website: Click here

Year Started: 1996

Incorporated: 1996

PUNJAB CHEMICALS AND CROP PROTECTION LIMITED

Address: 5th Floor, 645-646, Oberoi Chambers II, New Link Road, Andheri West, Mumbai, Maharashtra, 400053 India

Phone: +91-2226747900

Website: Click here

Year Started: 1975

Incorporated: 1975

RAPTAKOS BRETT AND COMPANY LIMITED

Address: 21 A, Mittal Tower, 210, Nariman Point, Mumbai, Maharashtra, 400021 India

Phone: +91-2240856000

Website: Click here

Year Started: 1930

Incorporated: 1930

RPG LIFE SCIENCES LIMITED

Address: 463, 4th Floor, RPG House Dr. Annie Besant Road, Worli Mumbai, Maharashtra, 400030 India

Phone: +91-2224981650

Website: Click here

Sales: $52.92 million

Sales Growth: 3.86%

Year Started: 2007

Incorporated: 2007

SANOFI HEALTHCARE INDIA PRIVATE LIMITED

Address: Sanofi House, C.T.S-117b, L & T Business Park, Saki Vihar Road, Powai Mumbai, Maharashtra India

Phone: +91-4023234136

Website: Click here

Year Started: 1993

Incorporated: 1993

STERLING BIOTECH LIMITED

Address: C-25, Laxmi Towers, A-601, 6th Floor Bandra Kurla Complex, Bandra (East) Mumbai, Maharashtra, 400051 India

Phone: +91-2226541241

Website: Click here

Sales: $52.81 million

Sales Growth: -0.94%

Year Started: 1985

Incorporated: 1985

SUPRIYA LIFESCIENCE LIMITED

Address: 207/208, Udyog Bhavan, Sonawala Road, Goregaon ( East), Mumbai, Maharashtra, 400063 India

Phone: +91-2240332727

Website: Click here

Year Started: 1985

Incorporated: 2008

VITAL LABORATORIES PRIVATE LIMITED

Address: Plot No. 48, 2nd Floor, Western Express Highway (N.H.8) Nr. Hanuman Temple, Vile Parle (E), Mumbai, Maharashtra, 400057 India

Phone: +91-2226104128

Website: Click here

Year Started: 1998

Incorporated: 1998

WANBURY LIMITED

Address: BSEL Tech Park, B Wing, 10th Floor, Sector 30-A, Opp. Vashi Railway Station, Vashi, Navi Mumbai, Maharashtra, 400703 India

Phone: +91-2267942222

Website: Click here

Sales: $53.44 million

Sales Growth: 6.76%

Year Started: 1988

Incorporated: 1988

WATSON PHARMA PRIVATE LIMITED

Address: 12th Floor, Commerz-II, International Business Park, Oberoi Garden City Mumbai, Maharashtra, 400063 India

Phone: +91-9819066931

Website: Click here

Year Started: 2005

Incorporated: 2005

Frequently Asked Questions and the perfect Answers

Who founded Mumbai’s small pharmaceutical factory?

Bengal Chemicals and Pharmaceuticals Ltd, founded in 1892 as an individual initiative in a laboratory by the ‘father of Indian chemistry’ Acharya Prafulla Chandra Ray and regarded as the country’s first pharma company, has recorded profits for the first time in more than six decades.

Which pharmaceutical companies in Mumbai are the best?

Top pharmaceutical companies in Mumbai

GlaxoSmithKline Pharmaceuticals Ltd. is No. 1 in Mumbai. Cipla Ltd is No.

2 Bayer is number three.

4 Sun Pharmaceutical Industries Ltd.

5 Johnson & Johnson

6 Piramal Healthcare Ltd.

7 Novartis

8 Abbott Laboratories.

What role does Maharashtra play in the Indian pharmaceutical market?

Maharashtra’s contribution to the Indian pharma market is significant: approximately Rs 19,000 crore out of Rs 59,000 crore.

There are 347 bulk drug units, 693 formulation units, and various manufacturing units in the state.

What is Mumbai’s total pharmaceutical export rate?

Mumbai’s pharmaceutical exports totaled $14.7 billion in 2012-2013, representing an 11% increase, with 55% of exports going to highly regulated Western markets.

Conclusion

The healthcare and pharmaceutical industries in Mumbai have been among the most important defensive pillars in the listed space. The sector has also been a significant source of export revenue for Mumbai.

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