These days, healthcare providers and medications are in high demand. India's pharmaceutical industry is also expanding and altering resources by helping essential facilities. The revenue of medical firms in India is 18.12 billion dollars in 2018 & 19.14 billion USD in the fiscal year 2019, as per the Ministry of Agrochemicals. As of April 2021, the moving yearly turnover is $20.88 billion, up over $19.64 billion in August. In terms of quantity, generic medications from major pharmaceutical corporations make for 20% of worldwide exports, making the country the world's largest supplier of prescription medications. By 2023, the Indian pharmaceutical industry is predicted to be valued at 33.18 billion dollars, placing it ninth in the world. We've compiled a list of some of the greatest pharmaceutical businesses in India that produce world-class pharmaceuticals and dominate the Indian pharmaceutical industry.

List of Major Pharmaceutical Companies of India

1- Sun Pharmaceutical Industries:

The company, in 2020, had a sale of 4.7 bn dollars. The business began selling items to treat psychiatric disorders. In addition to medicinal preparations, the firm now provides diabetology and gastroenterology formulas. In terms of overall income, this is India's largest pharmaceutical firm. It is among the world's biggest specialised pharma firms. Some medicines they sell are: Etodolac, Clorazepate, and Carbamazepine.

2- Dr Reddy's Laboratories:

The owner launched the company in 1984. It is a global pharmaceutical firm based in India. It is well-known in India and abroad for delivering a wide variety of medications. About 190 drugs, 60 pharmaceutical active components for critical care, biotechnology items, drug producers, and diagnostics kits are among their offerings. It is India's fifth-largest pharmaceutical business, with a revenue of US$2.4 billion expected in 2020. Canagliflozin is one of Dr Reddy's most well-known products. Naproxen Sodium, Nizatidine, Atorvastatin, Naproxen, Ibuprofen, Ramipril, and other drugs are used to treat high blood pressure.

3- Divi's Laboratories:

This company, situated in Hyderabad, India, is a medicine manufacturing company in India. Divi's Laboratories first opened its doors in 1990. They are involved in nutritional components, generic chemicals, bespoke API synthesis, and intermediaries for worldwide innovators. The brand is among the world's major API firms, with $780 million in revenue expected in 2020 and exports to over 95 nations.

4- Cipla Limited:

This is medicine manufacturing company in India and biotech corporation founded in 1935 by Khwaja Abdul Hamied and headquartered in Bombay. Their Non-Executive Chairperson is Yusuf Hamied. In terms of overall sales, it is the 4th largest pharmaceutical firm. This Indian pharmaceutical business focuses on developing drugs for weight loss, diabetes, depression, arthritis, cardiovascular, respiratory, and other conditions. In 2020, they expect to generate $2.5 billion in sales and employ more than 22,036 people. Inwagen Pharma is one of Cipla's companies. The company is among the world's biggest producers of antiretroviral medications.

5- Biocon Limited:

This company is among the best pharmaceutical manufacturing companies in India, having been founded in 1978. Biocon Limited is a general active medicines manufacturer. Bangalore is the headquarters of the firm. The brand's items are marketed on a massive scale all over the globe. Biocon employs around 9000 employees and, as of FY20, the firm has total assets of $824 million and sales of INR 4,885 crores.

6- Emcure Pharmaceuticals:

Satish Ramanlal Mehta, a Pune-based entrepreneur, launched this firm in 1983. Emcure Pharmaceuticals was founded to meet the world's massive healthcare requirements. It began as a single production plant in Pune and has grown steadily over the years to include a diverse variety of world-class production operations in API, coatings, and biology. Emcure has established itself as a highly integrated biopharmaceutical firm with equipment, talents, and assets which are not just equivalent to the top drug manufacturers in Mumbai, but also to the greatest in the game. If you want to learn how to start a pharmaceutical company this is one company to look out for. Emcure's capabilities may be summarised as formulations, biotechnology, and API manufacturing.

7- Lupin Limited:

This is a Mumbai-based pharmaceutical manufacturing company in India. Desh Bandhu Gupta developed Lupin in 1968. This is India's 12th-largest firm by market price and consequently one of the country's most well-known drug companies. In 2020, Lupin will generate $2.2 billion in revenue. The firm manufactures and sells pharmaceuticals in a variety of areas, including asthma, diabetology, and anti-infectives, including cardiology, anti-tuberculosis, and paediatrics.

8- Torrent Pharma:

Torrent is among India's leading pharmaceutical businesses. As of 2020, it has an income of 1.1 bn dollars and is situated in Gandhinagar. Gujarat, Pithampur, Madhya Pradesh, and Dahej are among Torrent's production locations. Learn about the company and its work if you want to learn how to start a pharma company. Torrent Pharma is a pharmaceutical company that specialises in anti-infective, gastrointestinal diabetology, gastrointestinal pain treatment, & Central Nervous System sectors.

9- Aurobindo Pharma Limited:

The business was founded in 1986. The company distributes over 300 items in over 125 nations, & APIS is its most profitable area, accounting for 35 per cent of total sales. This is India's second-largest pharmaceutical business, with a value of 3.3 bn dollars expected in 2020. The brand manufactures and sells medications in the fields of cephalosporins, gastroenterology, anti-diabetics, antiretrovirals, cardiovascular medicine, neurology, and other areas.

Also, read: How to Get Pharma Franchise for Antifungal Medicine?

10- Cadila Healthcare Limited:

In 1952, the firm was established. Zydus Cadila is another name for it. It is a pharmaceutical firm based in Gujarat. It is an individual of India's major pharmaceutical firms, with sales of 2.1 billion dollars in 2021. Ramabhai Patel created the company. They're also recognised for their superior diagnostics and for producing skincare, OTC, and other herbal items. Depending on a voluntary licensing arrangement with Gilead, the business also develops biosimilars for hepatitis C therapy.

11- Intas Pharmaceuticals Limited:

This Ahmedabad-based firm was started in 1984 and will generate 1.49 bn dollars in sales by 2020. The company has 13 biosimilars on the market, notably Paclitaxel and Docetaxel. This Indian pharmaceutical firm's research and development division focused on nephrology, cancer, autoimmunity, plasma-derived products, rheumatology, and ophthalmology medicines. This company will teach you how to start a pharma company. The offices of this pharmaceutical company are in Gujarat, and this is one of Asia's top biosimilar product producers. The brand owns 14 formulations production sites, 7 of which are in India and others in Mexico and the United Kingdom. It is Today's sixth corporation, with revenue up 29.84 per cent in 2017.

12- Glenmark Pharma Limited:

Gracias Saldanha created this pharmaceutical firm in 1977 and it is located in Mumbai, India. This pharmaceutical business specialises in drug development in the fields of dermatological, breathing medicine, and cancer. It is the ninth-largest pharmaceutical business, with $1.07 billion in revenue in 2021. By cooperating with large pharmaceutical firms, the firm also focused on novel biosimilars medications in the sectors of dermatology, respiratory disorders, and cancer.

13- Innovexia Life Sciences:

This is among India's top pharmaceutical firms. This is engaged in the making and trading of capsules, anti-allergic pills, antacid drugs, and other similar products. This is also renowned as a leading PCD Pharmaceutical Franchise firm that continues to develop and build state-of-the-art equipment for great pharmaceuticals.

14. Biophar Lifesciences:

This is a leading pharmaceutical company situated in Punjab that specialises in Pharma and production. The firm is among the most dependable in India because of its high-quality and fairly priced formulas. The company has been growing its customer base by contacting each region of the country and hiring additional dealers. It is the industry's ongoing effort that allows its company to grow to new areas and form new connections.

Also, read: List of Largest Pharma Distributors in India: Complete Details

15. Piramal Enterprises Limited:

This is a well-known pharmaceutical company in India. Ajay Piramal bought it in the early 1980s after it was created in 1984. Medicine, life sciences, drug research, and healthcare are all part of the worldwide corporate enterprise. Phytomedicine, consumer items, critical care, radiology, and pharma are all part of the company's portfolio. The company has a sales income of 68.08 billion dollars, making it India's 12th biggest firm (2020).

Conclusion

The above is a listing of notable medical firms in India. We wish that this list will assist you in coming up with a business concept that you can implement, learning how to start a pharmaceutical company, or with anything else you need it for.

FAQs: Pharmaceutical Companies

Q. Which Indian pharmaceutical business is the most successful?

Ans. Sun Pharmaceutical is India's biggest pharma firm by sales.

Q. Is it true that pharmaceuticals are medical?

Ans. The clinical speciality dealing with the discovery, manufacturing, and supervision of new drugs is known as pharmaceutical medicines. Pharm doctors are engaged at every level of the drug discovery process, bringing their knowledge to bear on cutting-edge treatments and ensuring that they are safe for consumers.

Q. Why are we interested in pharmaceutics?

Ans. Pharmaceutics aids in the connection between medication formulation and distribution and disposal in the system. The development of a single medicinal material into a pharmaceutical preparation is referred to as pharmaceutics. Medical formulations are one of the areas of medicine.

Q. Is pharmacy a decent profession to pursue?

Ans. Yes, medicine is a great profession chance since, while a doctor provides life to the patient, pharmacists gave rise to the medication, and the medicine, in turn, gives life to the person.