The Pharmaceutical Companies in India offer 60,000 brands of generic drugs in 60 therapeutic categories.
Also, the API industry is the third-largest in the world and has 57% of the APIs in the WHO. INR 21,940 billion ($ 3 million) in incentives have been approved for the Indian pharmaceutical market.
The pharmaceutical market’s revenue is expected to reach $ 65 billion by 2024 and $120 to 130 billion by 2030.
Furthermore, the Indian pharmaceutical industry has a growth rate of 10-12% with manufacturing costs 33% lower than in Western markets.
The annual export has grown by 18.7% and the India exports pharmaceuticals are now worth $ 40,000 each minute.
India In The Pharmaceutical Market
India is the world’s largest supplier of generic medicines. The Indian pharmaceutical sector covers more than 50% of the world’s needs for various vaccines, 40% of the needs in the US, and 25% of all medicines in the UK.
Globally, India ranks third in terms of volume and 14th in terms of value in pharmaceutical production. The national pharmaceutical industry comprises a network of 3,000 pharmaceutical companies and ~ 10,500 production units.
India occupies an important position in the global pharmaceutical sector. The country also has a large pool of scientists and engineers with the potential to grow the industry. Currently, more than 80% of the antiretroviral drugs used worldwide to fight AIDS (Acquired Immune Deficiency Syndrome) are supplied by Indian pharmaceutical companies.
Top Pharmaceutical Companies in India
Find below a list of pharmaceutical companies located in India
- ACULIFE HEALTHCARE PRIVATE LIMITED
Director: Chinmay Rajesh Vasa
Address: Commerce House – V, Besides Vodafone House, Prahladnagar Corporate Road, Ahmedabad, Gujarat, 380051 India
Phone: +91-7926839100
Website: Click Here
Year Started: 2014 Incorporated: 2014
- AETHER INDUSTRIES LIMITED
Director: Ashwin Jayantilal Desai
Address: Plot No.8203, Road No.82, Sachin Industrial Estate, GIDC, Sachin, Surat, Gujarat, 394230 India
Phone: +91-2616603000
Website: visit here
Year Started: 2013 Incorporated: 2013
- AMOLI ORGANICS PRIVATE LIMITED
Director: Manish Umed Doshi
Address: No. 407, Dalamal House, Jamnalal Bajaj Road, Mumbai, Maharashtra, 400021 India
Phone: +91-2220820075
Website: visit here
Year Started: 1991 Incorporated: 1991
- ANUH PHARMA LIMITED
Director: Vivek Bipin Shah
Address: 3-A, Shivsasgar Estate, North Wing Dr. Annie Besant Road, Worli Mumbai, Maharashtra, 400018 India
Phone: +91-2266227575
Website: click here
Revenue: $59.63 million
Year Started: 1960 Incorporated: 1960
- APEX LABORATORIES PRIVATE LIMITED
Director: Sulur Vanangamudi Subramaniam
Address: 3rd Floor, Sidco Garment Complex, Guindy, Chennai, Tamil Nadu, 600032 India
Phone: +91-4442225000
Year Started: 1978 Incorporated: 1978
- ASTRAZENECA INDIA PRIVATE LIMITED
Director: Padmanabhan Sivakumar
Address: Block A Naville Tower 10th and 11th floors Ramanaujam IT SEZ Rajiv Gandhi Salai OMR Taramani Chennai, Tamil Nadu, 600113 India
Phone: +91-4443806491
Year Started: 1986 Incorporated: 1986
- AVT NATURAL PRODUCTS LIMITED c
Director: Ajit Thomas
Address: Plot No 225/1A 5-7, Kaipoorikkara, Vazhakulam Marampilly Post Aluva, Kerala, 683105 India
Phone: +91-4842848000
Website: visit here
Revenue: $66.97 million
Year Started: 1986 Incorporated: 1986
- BLISS GVS PHARMA LIMITED
Director: Gagan Harsh Sharma
Address: 102, Hyde Park, Saki Vihar Road, Andheri (East), Mumbai, Maharashtra, 400072 India
Phone: +91-2242160000
Website: click here
Revenue: $78.50 million
Year Started: 1984 Incorporated: 1984
- CAPLIN POINT LABORATORIES LIMITED
Director: Sridhar Ganesan
Address: 3rd Floor, Ashvich Towers No 3, Developed Plots Industrial Estate, 600096, Chennai, Tamil Nadu India
Phone: +91-4467468080
Revenue: $144.70 million
Year Started: 1990 Incorporated: 1990
- DR.DATSONS LABS LIMITED
Director: Rajendra Vinayak Kamat
Address: Dr. Datsons House, Plot No. W-91 (D) MIDC, Taloja, Raigad, Maharashtra, 410208 India
Website: visit here
Year Started: 2006 Incorporated: 2006
- EISAI PHARMACEUTICALS INDIA PRIVATE LIMITED
Director: Tetsuya Oishi
Address: Plot Nos. 96, 97, 98, 124 & 126, Ramky Pharma City India Limited (SEZ), Parawada Mandal, Visakhapatnam, Andhra Pradesh, 531019 India
Phone: +91-8924660777
Website: click here
Year Started: 2007 Incorporated: 2007
- EMAMI FRANK ROSS LIMITED
Director: Gautam Jatia
Address: No-7 Jawaharlal Nehru Road Kolkata, West Bengal, 700013 India
Phone: +91-3366666666
Website: click here
Year Started: 1919 Incorporated: 1919
- GUFIC BIOSCIENCES LIMITED
Director: Pranav Jayesh Choksi
Address: 1st to 4th Floor, S.M. House, 11 Sahakar Road, Mumbai, Maharashtra, 400057 India
Phone: +91-2267261000
Website: click here
Revenue: $67.32 million
Year Started: 1984 Incorporated: 1984
- IMPRO INTER-CHEM PRIVATE LIMITED
Director: Bhartiben Hemantbhai Modi
Address: 29 Diwan Ballubhai Road Ahmedabad, Gujarat, 380022 India
Phone: +91-7925464894
Year Started: 1996 Incorporated: 1996
- INDCHEMIE HEALTH SPECIALITIES PRIVATE LIMITED
Director: Mritunjay Kumar Singh
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
- INVENTIA HEALTHCARE LIMITED
Director: Janak Ramanlal Shah
Address: Unit 703 and 704, 7th Floor Hubtown Solaris Mumbai, Maharashtra, 400069 India
Phone: +91-2267163000
Website: click here
Year Started: 1985 Incorporated: 1985
- JOHNSON MATTHEY CHEMICALS INDIA PRIVATE LIMITED
Director: Ninad Pramod Gujarathi
Address: Plot No. 6A, MIDC Industrial Estate, Taloja, Raigad, Maharashtra, 410208 India
Phone: +91-2227411604
Year Started: 2002 Incorporated: 2002
- KARNATAKA ANTIBIOTICS AND PHARMACEUTICALS LIMITED
Director: Sunil Kumar Kaimal
Address: Dr. Rajakumar Road, First Block Rajaji Nagar, Nirman Bhavan Bengaluru, Karnataka, 560010 India
Website: visit here
Year Started: 1981 Incorporated: 1981
- KRYSTAL FINE CHEMICALS PRIVATE LIMITED
Director: Tushar Mulraj Bhatia
Address: 353 Deep Vallabhbaug Lane Mumbai, Maharashtra, 400077 India
Phone: +91-2225061423
Year Started: 1984 Incorporated: 1984
- MAHAK SYNTHETICS MILLS PRIVATE LIMITED
Director: Gunjan Surender Mittal
Address: 1401/1, PIRANA ROAD, Ahmedabad, Gujarat, 382405 India
Phone: +91-9825049727
Website: visit here
Year Started: 1981 Incorporated: 1981
- MALLADI DRUGS AND PHARMACEUTICALS LIMITED
Director: Shreya Sistla
Address: SKCL Tech Square, 7th Floor, Plot No. 14, South Phase, Thiru Vi Ka Industrial Estate, Guindy, Chennai, Tamil Nadu, 600032 India
Phone: +91-4466876900
Website: click here
Year Started: 1980 Incorporated: 1980
- MERCK SPECIALITIES PRIVATE LIMITED
Director: Anandram Narasimhan
Address: 8th Floor, Godrej One, Pirojshanagar, Eastern Express Highway, Vikroli East, Mumbai, Maharashtra, 400079 India
Phone: +91-2225186830
Website: visit here
Year Started: 2005 Incorporated: 2005
- MISSION VIVACARE LIMITED
Director: Akshay Girjashankar Mehta
Address: 901 – A, Raheja Plaza, L. B. S. Marg, Ghatkopar (West), Mumbai, Maharashtra, 400086 India
Year Started: 1993 Incorporated: 1993
- NOSCH LABS PRIVATE LIMITED
Director: Satyanarayana Reddy Bhimireddy
Address: Flat No. 404 to 406 Vijay Sai Towers Opposite BJP Office, Kukatpally Hyderabad, Telangana, 500072 India
Phone: +91-4048557474
Website: click here
Year Started: 2001 Incorporated: 2001
- OMNIACTIVE HEALTH TECHNOLOGIES LIMITED
Director: Sanjay Jayasinh Mariwala
Address: Unit No. T-8B, 5th Floor, Phoenix House, Phoenix Mills Compound, 462, Mumbai, Maharashtra, 400013 India
Phone: +91-2224930006
Website: visit here
Year Started: 2003 Incorporated: 2003
- ORCHID PHARMA LIMITED
Director: Manish Dhanuka
Address: Orchid Towers, 313, Valluvar Kottam High Road, Nungambakkam, Chennai, Tamil Nadu, 600034 India
Phone: +91-4428211000
Website: click here
Revenue: $62.13 million
Year Started: 1992 Incorporated: 1992
- ORTHO CLINICAL DIAGNOSTICS INDIA PRIVATE LIMITED
Director: Joseph Michael Busky
Address: Unit No. 403, 4th Floor, Leela Business Park Andheri Kurla Road, Andheri (East), Mumbai, Maharashtra, 400059 India
Phone: +91-2267879300
Year Started: 2015 Incorporated: 2015
- OTSUKA CHEMICAL (INDIA) PRIVATE LIMITED
Director: Osamu Ito
Address: 402, JMD Pacific Square, Sector15 Part II, Near 32nd Mile Stone Gurugram, Haryana, 122001 India
Phone: +91-1244597979
Website: click here
Year Started: 2006 Incorporated: 2006
- PFIZER PRODUCTS INDIA PRIVATE LIMITED
Director: Seema Shantharam Pai
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
- STERILE INDIA PRIVATE LIMITED
Director: Sanjeev Goel
Address: Unit No 501, 5th Floor, Aggarwal Corporate Heights, Plot No.A-7, Netaji Subhash Place, New Delhi, Delhi, 110034 India
Phone: +91-1127357015
Website: visit here
Year Started: 1989 Incorporated: 1989
- SWAGOL ORGANICS PRIVATE LIMITED
Director: Dilipbhai Narandas Shah
Address: Plot No 16 Ruvapari Road Bhavnagar, Gujarat, 364001 India
Year Started: 1996 Incorporated: 1996
- SYMBIOTEC PHARMALAB PRIVATE LIMITED
Director: Anil Kumar Satwani
Address: 385/2, Pigdamber, Near Hotel Mashal, Off A. B. Road, Rau, Indore, Madhya Pradesh, 453446 India
Phone: +91-7316676405
Website: visit here
Year Started: 2002 Incorporated: 2002
- SYMED LABS LIMITED
Director: Hari Babu Bodepudi
Address: 4th Floor, 8-2-293/174/3, Road No 14 Beside BN Reddy Colony, Banjara Hills, Hyderabad, Telangana, 500034 India
Phone: +91-4023549419
Website: visit here
Year Started: 1998 Incorporated: 1998
- SYNOKEM PHARMACEUTICALS LIMITED
Director: Abhinav Arora
Address: Synokem House, 14/486, Sunder Vihar, Outer Ring Road, Paschim Vihar, New Delhi, Delhi, 110087 India
Phone: +91-1125285376
Website: visit here
Year Started: 1983 Incorporated: 1983
- TABLETS (INDIA) LIMITED
Director: Ranganathan Srinivasa Raghavan
Address: Jhaver Centre, R A Building IV Floor, 19 Marshalls Road Chennai, Tamil Nadu, 600008 India
Phone: +91-4428589090
Website: visit here
Year Started: 1938 Incorporated: 1938
- THEON PHARMACEUTICALS LIMITED
Director: Amit Kumar Bansal
Address: Plot No. 400, Industrial Area Phase-I Panchkula, Haryana, 134113 India
Phone: +91-1725210200
Website: visit here
Year Started: 2005 Incorporated: 2005
- VENUS REMEDIES LIMITED
Director: Pawan Chaudhary
Address: Plot no 51-52,Industrial Area Phase 1 Panchkula, Haryana, 134113 India
Phone: +91-1722933000
Website: click here
Revenue: $75.66 million
Year Started: 1989 Incorporated: 1989
- VIDYA HERBS PRIVATE LIMITED
Director: Priyanka Raychaudhuri
Address: No. N3-3, 24th Cross J P Nagar, 1st Phase Bengaluru, Karnataka, 560078 India
Phone: +91-7327841587
Website: click here
Year Started: 2004 Incorporated: 2004
- WALLACE PHARMACEUTICALS PRIVATE LIMITED
Director: Rashmi Menezes
Address: 3rd Floor, Dempo Trade Centre Building Patto Plaza, EDC Complex, Panaji, Goa, 403001 India
Phone: +91-8322438226
Website: click here
Year Started: 1968 Incorporated: 1968
India’s Pharmaceutical Industry Revenue
The pharmaceutical industry in India is projected to reach $ 65 billion by 2024 and $ 120 billion by 2030. The pharmaceutical industry in India is currently valued at $ 41.7 billion.
Generics form the largest segment of the pharmaceutical industry in India with a market share of 71%. This will increase as generic exports to the US increase.
The national market share in the pharmaceutical industry by sales, anti-infectives (13.6%), cardiac (12.4%), and gastrointestinal drugs (11.5%) had the largest market share.
As part of the Scheme of PLI to promote the national production of key raw materials (KSM) / pharmaceutical intermediates and critical active pharmaceutical ingredients (API), 47 applications with committed investments of INR 5,366.35 were received.
Exports of drugs and pharmaceutical products were estimated at $ 2001,780 million in August 2021, with a positive growth of 1.21% from exports of 1977,760 million US dollars in August 2020.
Conclusion
India is an important and emerging player in the global pharmaceutical sector. India is the world’s largest supplier of generic medicines, accounting for 20% of the world’s supply and around 60% of the world’s vaccine needs.
India’s pharmaceutical sector is valued at $ 42 billion and ranks 3rd in the world in terms of volume and 13th in value.
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