India’s pharmaceutical market is rapidly growing, and many businesses are looking forward to partnering with top-rated PCD Pharma companies. In this setup, the franchise owner plays a crucial role; their knowledge of the local market and business knowledge can make all the difference in earning good profits.
This is why the Pharma franchise model is so promising, as it offers you ownership along with strong earning potential. PCD Pharma (Propaganda Cum Distribution): a company provides medicines and products, and the distributor takes care of selling, marketing, and distribution. It is considered a simple partnership that benefits both parties.
However, choosing the right one matters because not every company offers the same advantage. In this article, we will explore some of the best PCD Pharma companies in India that offer excellent opportunities for aspiring entrepreneurs.
Key Factors to Consider Before Choosing a PCD Pharma franchise in India
Choosing the right PCD pharma company is one of the most important decisions you will make in your business journey. A good partner can set you up for long-term growth, while the wrong one can limit your potential. Here are the key things to keep in mind before you commit:
Product Range & Quality: Choose a company with a diverse portfolio across multiple therapeutic segments and certifications like WHO-GMP/ISO for assured quality.
Brand Reputation: Partner with a trusted, well-established brand to gain instant market credibility.
Franchise Support: Look for robust marketing, promotional tools, and technical guidance to boost sales.
Investment & Returns: Assess initial costs, profit margins, monopoly rights, and ROI potential before committing.
List of the Fastest-Growing PCD Pharma Franchise Companies in India
India’s pharma sector is witnessing rapid expansion, and the PCD (Propaganda Cum Distribution) model is opening fruitful opportunities for entrepreneurs. These fast-growing PCD pharma companies are making their mark with quality products, strong distribution networks, and full franchise support. Whether you’re a first-time investor or an experienced distributor, this list highlights companies that combine growth potential with trust and market credibility.
Salvus Pharma
WEBSITE
salvuspharma.com
Experience
10+ years in pharma manufacturing & distribution
Salvus Pharma – Top PCD Pharma Franchise Companies
It is a Chandigarh-based Salvus company that has created a niche in the PCD pharma industry with its focus on quality, innovation, and affordability. Salvus Pharma provides monopoly-based franchise rights, extensive marketing materials, and timely product delivery. Their WHO-GMP-certified manufacturing ensures quality compliance, making them a trusted choice for distributors.
Albia Biocare
WEBSITE
www.albia.in
Experience
15+ years
Albia Biocare – Top PCD Pharma Franchise Companies
Based in Chandigarh, Albia Biocare has over 15 years of experience in the pharmaceutical sector. Their product range includes tablets, capsules, syrups, drops, ointments, and powders. Their team comprises skilled professionals, quality controllers, and WHO/ISO-certified manufacturers. Albia Biocare offers franchise partners logistics, marketing, and promotional support, making it easier to set up a successful franchise.
Kyna Pharmaceuticals
WEBSITE
www.kyna.in
Experience
20+ years
Kyna Pharmaceuticals – Top PCD Pharma Franchise Companies
Kyna Pharmaceuticals offers a diverse range of products, including herbal and pharmaceutical items. Their portfolio spans analgesics, anti-acids, gastroenterology, antibiotics, anti-cough and cold, anti-malarial, dermatology, gynecology, pediatrics, multivitamins, and more. The company provides excellent support for marketing, logistics, and franchise growth, making it one of the fastest-growing PCD pharma companies in India.
Juvetica Lifesciences – Top PCD Pharma Franchise Companies
The company caters to multiple therapeutic areas such as antibiotics, pain management, gastro care, pediatrics, and nutraceuticals. Juvetica stands out for its extensive promotional support, offering visual aids, MR bags, product literature, and even digital marketing consultation to help franchise partners grow. Their focus on consistent quality and ethical business practices has helped them build a solid presence in the Indian PCD pharma market.
Life Pharma
WEBSITE
lifepharma.in
Experience
10+ years
Life Pharma – Top PCD Pharma Franchise Companies
Life Pharma, operating under the A1 Cure division, is committed to delivering affordable and effective healthcare solutions across India. The company offers monopoly rights, marketing assistance, and attractive promotional schemes to its franchise partners. With ISO 9001:2008 certification and adherence to DCGI, FDA, and FSSAI guidelines, Life Pharma has established itself as a reliable and ethical pharma partner.
Cipla
WEBSITE
www.cipla.com
Experience
89+ years
Cipla – Top PCD Pharma Franchise Companies
Founded in 1935 by Dr. K.A. Hamied, Cipla is one of India’s most trusted pharmaceutical brands, with a strong global presence. Renowned for leadership in respiratory, urology, and antiretroviral therapies, Cipla offers over 20 specialty segments, including life-saving anti-AIDS drugs. Their PCD franchise model is backed by innovation, consistent quality, and affordability, making them a preferred partner across India.
Mankind Pharma
WEBSITE
www.mankindpharma.com
Experience
38+ years
Mankind Pharma – Top PCD Pharma Franchise Companies
Established in 1986 and headquartered in New Delhi, Mankind Pharma operates in 22+ countries with a turnover exceeding 50,000 million. They offer an extensive range, from antibiotics and antifungals to cardiovascular and OTC products like Manforce condoms and pregnancy test kits. Known for affordability and quality, Mankind is a top choice for pharma franchise partners across India.
Onesta Lifecare – Top PCD Pharma Franchise Companies
Onesta Lifecare is an Ahmedabad-based company that has been producing high-quality pharmaceuticals since 1948. Their portfolio spans allopathic and ayurvedic formulations, supported by advanced manufacturing facilities. With nationwide presence, Onesta offers sole distribution rights and strong partner support, making it a competitive player in India’s PCD market.
V Care Biotech
WEBSITE
www.vcarebiotech.com
Experience
15+ years
V Care Biotech – Top PCD Pharma Franchise Companies
V Care Biotech specializes in tablets, capsules, oral liquids, health supplements, and topical preparations. Known for ethical business practices, they provide exclusive marketing rights, bulk pricing benefits, and comprehensive promotional support to franchise partners. Their strategic approach ensures strong market reach and profitable growth.
Ambit PCD Pharma
WEBSITE
ambitbiomedix.com
Experience
18+ years
Ambit PCD Pharma – Top PCD Pharma Franchise Companies
Founded in 2006 in Ahmedabad, Ambit PCD Pharma operates ISO 9001:2008 and WHO-GMP certified plants producing over 250 pharma products. With effective promotion strategies and consistent quality, Ambit is among India’s most reliable PCD franchise companies.
Fossil Remedies
WEBSITE
fossilremedies.com
Experience
15+ years
Fossil Remedies – Top PCD Pharma Franchise Companies
Based in Ahmedabad, Fossil Remedies offers 2800+ products across eight therapeutic divisions, including antibiotics, cardiac, diabetes, gynecology, ophthalmology, dental, and dermatology. With diverse dosage forms like syrups, tablets, and powders, they are a top choice for franchise partners seeking a wide product range.
Sun Pharma
WEBSITE
www.sunpharma.com
Experience
41+ years
Sun Pharma – Top PCD Pharma Franchise Companies
Founded in 1983 and headquartered in Mumbai, Sun Pharma is India’s largest pharma company and the world’s fifth-largest specialty generic manufacturer. Their products are known for high quality, affordability, and strong market trust. Sun Pharma’s robust PCD model offers partners unmatched credibility and reach.
Vibcare Pharma – Top PCD Pharma Franchise Companies
Vibcare Pharma has been a trusted name in the Indian pharmaceutical sector for over four decades. With WHO-GMP-certified manufacturing facilities, the company offers a diverse portfolio across ayurvedic, ophthalmology, critical care, and other therapeutic segments.Vibcare focuses on developing, producing, and marketing high-quality healthcare products that serve both domestic and global markets. Vibcare focuses on developing, producing, and marketing high-quality healthcare products that serve both domestic and global markets.
Conclusion
If you are stepping into this industry, your choice of PCD pharma franchise partner will lead your journey. Choose a company that doesn’t just hand you a product list but backs you with timely deliveries, marketing tools, and a strong brand name you can trust. In a fast-growing market like India’s, the right franchise tie-up can turn your investment into long-term success. With the right partner, you will be able to make a real impact on healthcare while securing your own future.
Which are the top PCD Pharma franchise companies in India?
Some of the best companies include Cipla, Sun Pharma, Mankind Pharma, Salvus Pharma, Albia Biocare, Kyna Pharmaceuticals, Juvetica Lifesciences, Onesta Lifecare, Fossil Remedies, and Vibcare Pharma.
What is a PCD Pharma franchise ?
A PCD Pharma franchise is a business model where a pharma company provides its products to a distributor or franchise owner, who then markets and sells them locally.
How do I choose the best PCD Pharma company for a franchise?
Check for product quality, WHO-GMP/ISO certifications, company reputation, product range, monopoly rights, marketing support, and profit margins before partnering with a PCD pharma company.
Is PCD Pharma franchise business profitable in India?
Yes, due to the rising demand for affordable medicines and healthcare products, the PCD Pharma business is highly profitable with margins ranging from 20%–40%, depending on the company and products.
Let’s admit it. We’ve always had that ‘Friend-or-Foe’ wali relationship with them. From banters, pillow fights, trolling, and sharing memes to the constant leg pulls, our siblings constitute an integral part of our lives. No matter how many times we fight with them or have arguments, our siblings are perhaps the closest ones to us! With Raksha Bandhan just around the corner, it is time we cherish this pious bond of love and care.
Time & again, brands have added to the celebrations and the messaging with campaigns that have stood the test of time and aged like fine wine. The camaraderie between brothers and sisters has been beautifully encapsulated by some of the timeless campaigns out there. Brands looking to connect emotionally with their audience can explore unique Raksha Bandhan campaign ideas that celebrate all forms of sibling love. Here, we’ll shed light on some of the best Rakshabandhan campaigns that have been etched into our memories. Let’s have a look!
CaratLane’s Rakshabandhan campaign beautifully celebrated the rich diversity of sibling bonds by showcasing authentic, real-life stories that go beyond the traditional brother-sister dynamic. From sisters tying rakhis to each other to brothers gifting meaningful tokens of love, the campaign embraced every unique expression of siblinghood. It highlighted that Rakshabandhan is not just about rituals, but about the emotions that tie people together. Through heartfelt storytelling, CaratLane brought a refreshing, inclusive perspective to the festival.
Carat Lane | Best Raksha Bandhan Campaigns of All Times
Amazon’s Deliver The Love Campaign | Bhai Ka Intezaar!
Beautiful copywriting evokes an emotion that can’t be compared to anything else. Amazon’s#DeliverTheLove campaign did so in magical ways and backed it up with such emotional & sweet storytelling that as a viewer, you can’t help but smile widely and get emotional at the same time. In the commercial, a guy can be seen talking to his Dadimaa while she is busy making arrangements for his brother’s arrival. The conversations between the guy and his daadi make for a heartfelt conversation that you shouldn’t miss.
#DeliverTheLove this Raksha Bandhan | Raksha Bandhan ads by Brands
Cadbury Celebrations | Rakhi ki Rasmein!
Cadbury and its coveted track record with festive campaigns can be termed as a match made in heaven. Whether it be the Kuch Meetha Ho Jaaye campaign for the festive season or the Rakhi ki Rasmein campaign that showcases the nok-jhonk wala Rishta of brothers & sisters, Cadbury inculcates sweetness in a way that only it can. Watch it yourself and you will know!
Cadbury Celebrations Rakhi TV Ad | Rakshabandhan Campaigns
Amazon’s Deliver The Love Campaign, Yet Again | Bhuaa Se Milne.
This campaign made it to the list, yet again. Beautiful & timeless, Amazon’s emphasis on emotional storytelling to evoke the emotion of love and affection hits the spot. The campaign showcases the conversation between an old father and his son, with his father packing his luggage to meet his sister (Bhua) on the eve of Raksha Bandhan. When the guy asks, instead of going, he would have sent something online via Amazon, the reply by the father puts a smile on the son’s face. You’ve to watch to know!
#DeliverTheLove this Raksha Bandhan | Rakhi Campaigns
Chevrolet | Sang Rishte Chalen
We are talking about nostalgic ads, campaigns that showcase the true Rishta that makes the bond between siblings so pious. The subtle integration of the car manufacturer’s positioning, the brand’s nostalgia, and recall value, combined with the touching jingle and happy vibe, makes this campaign truly remarkable in the first place.
Chevrolet Cars India | Raksha Bandhan Brand Campaigns
Idea | Rakhi Nahi Bandhwayi Aapne?
Rakhi is an important symbol of care that stems from our Hindu culture. The people who come from far their homes to serve civilians, whether it be the police or other workers, deserve every bit of respect and care. This is what makes the campaign and TV commercial from Idea resonate with all of us. “Rakhi nahi bandhwayi aapne” followed by the “Mera number le lo. Koi problem ho toh bata dena.” makes this ad a classic, one that never gets old.
Idea’s Rakshabandhan Campaign | Raksha Bandhan Creative ads by Brands
Tanishq — Miss Karne Laga Hai Na Tu Already?
This one resonates with a lot of us who seldom show our love towards our sisters, and often indulge in funny banter with them, but when it comes to them parting ways, getting married, or moving on to a new place, we get emotional and already start missing them. This ad captures the true emotion and the wholesome conversation between siblings in a fun and heart-touching way, with the subtle integration of the brand ‘Tanishq’. This is one of the most emotional and creative campaigns on Raksha Bandhan.
Tanishq Brother Sister TVC | Raksha Bandhan Social Media Campaigns
Paper Boat | Doodles That Sketch Our Values.
PaperBoat, the brand that is known for its premium natural beverages and fruit juices, opted for a different route when it showcased the funny anecdotes that are synonymous with the Bhai-Behen jugalbandi. Right from the arguments to the pranks, Paper Boat truly showcases the brand as it is, without putting much focus on marketing integration, which, for all the right reasons, works wonders for them.
Paper Boat Presents Happy Raksha Bandhan | Rakhi Campaign Ideas
Asian Paints | First Roommates! 🙂
There’s a reason why there’s such a high loyalty quotient attached to Asian Paints. What Amul has done with dairy products, Asian Paints has managed to do with the paint industry. Those who think subtle marketing doesn’t sell should definitely opt for a class or two when it comes to building loyalty and putting a point across. What is truly remarkable about Asian Paints, though, is the sheer honesty that it lays upon the messaging, i.e., truly showcasing the bond rather than being loud about its marketing integration.
Asian Paints ezyCR8 | Raksha Bandhan Marketing Campaigns
Cadbury Celebrations | My First Rakhi (Peak of Human Emotion)
Thousands of people’ve lost their limbs and hands to amputation and electrocution or any other calamity like that. The Cadbury Celebrations’ My First Rakhi, a noble initiative by Cadbury, went a step ahead and arranged prosthetic arms with the needed sensors so that these individuals and kids can feel the sense of touch. Our eyes were filled with tears when we wrote this, and you’ll feel the same when you watch the video — a true epitome of human emotion.
My First Rakhi Cadbury Celebration Rakhi Festival | Raksha Bandhan ad Campaigns
Amul’s Wishes for Raksha Bandhan | The Maestro at Evoking the Indian Essence.
Amul is Amul for reasons that you and I have known for years, and still, the love continues to blossom! Perhaps the most popular dairy-based brand in India, it builds upon its reputation of hitting it out of the park with creative campaigns and matches that with a 3-minute long video that showcases the love and care between siblings who are separated by distance barriers, but still the strings of Rakhi keep them closely knit. Truly registering on the emotional aspect, this campaign is Amul’s genius personified without being loud.
Amul Raksha Bandhan Ad Campaign
Bombay Shaving Company | Sibling Bonds
Bombayshavingcompany celebrates Rakhi | Best Rakhi Campaigns
No matter how irritated or annoyed you are with your sibling, you always know they’re the ones you can always fall back on. This ad by the Bombay Shaving Company makes us all mushy by tugging at all the bittersweet moments siblings go through.
Tanishq | Sisters By Choice
Tanishq chose to celebrate an unconventional but special bond in this Rakshabandhan ad: the bond between sisters-in-law. Often misunderstood, the relationship between sisters-in-law, especially in an Indian setting, can be tricky. However, from being each other’s fashion cheerleaders to being each other’s confidants, the relationship between these two is nothing less than a real one.
Apollo Tyres | Celebrating Care
Apollo Tyres- Happy Raksha Bandhan 2023
Sometimes, we find ourselves in situations where strangers become a crucial part of our journeys. It is then we know there are bonds we create along the way that keep fueling the need for human connections. Apollo Tyres celebrates such bonds through their #GoTheDistance ad by depicting the circumstantial bond between a girl in distress and the man who helps her.
Mankind Pharma | Real Heroes
Mankind Pharma – Real Heroes Rakshabandhan Campaign
This 2020 ad is a tribute to the #RealHeroes of the pandemic. While COVID-19 grappled India, the medical staff were the only ones not working from home. The ad acknowledges the virtue of service held up by the doctors, and nurses who take took care of us like family.
This ad makes you realize that siblings also become your protectors. That might include giving you reality checks and life lessons, but also shielding you from judgments, and self-doubts. More often than not, we find our siblings relating and empathising with our problems than our parents. Right? Something we should probably be thankful for.
Ending Note
Raksha Bandhan is about inculcating hundreds of stories and presenting them with a strong, positive, happy, and pure emotion that’s authentic to the vibe of this beautiful festival. On one hand, it presents a unique opportunity for brands to capitalize and get the best out of the marketing aspects — it also gives them an even ground to showcase and share what they stand for, and what it means to them. People buy emotions. People buy purpose.
With Raksha Bandhan, they get all of it and even more. The stories are real, and so is the intention. Happy Raksha Bandhan!
FAQs
Why do brands launch special campaigns for Raksha Bandhan?
Brands use Raksha Bandhan campaigns to emotionally connect with audiences, highlight familial bonds, and boost festive season sales through relatable storytelling.
What are some common themes in Raksha Bandhan campaigns?
Themes often include sibling love, long-distance relationships, nostalgia, protection, inclusivity (e.g., chosen siblings), and celebrating unsung heroes.
Which brands have created the most memorable Raksha Bandhan campaigns?
Brands like Cadbury Celebrations, CaratLane, Amazon, Tanishq, Paper Boat, and Amul have stood out with heart-touching and creative Rakhi campaigns.
The Competition Commission of India (CCI) confirmed on October 1 that Mankind Pharma may purchase Bharat Serums and Vaccines for INR 13,630 crore.
In a post on X, the regulatory body stated, “Commission approves acquisition of Bharat Serums and Vaccines Limited by Mankind Pharma Ltd.” In July, Mankind Pharma declared that it would pay about INR 13,630 crore to private equity firm Advent International to fully purchase Bharat Serums and Vaccines.
Opting for a Definitive Agreement for the Acquisition
For an enterprise value of about INR 13,630 crore, Mankind Pharma has finalised an agreement to purchase a 100% share in Bharat Serums and Vaccines. Mankind Pharma announced on 30 September that it would issue non-convertible debentures and commercial papers to raise up to INR 10,000 crore. The regulator, which monitors unethical corporate practices and fosters fair competition in the market, must approve deals that exceed a specific level.
Mankind Pharma Vice Chairman and MD Rajeev Juneja stated in June of this year that the acquisition of BSV marks a significant turning point in Mankind’s history and positions the company as the industry leader in the Indian women’s health and fertility sector. One of the biggest pharmaceutical firms in India, Mankind Pharma, is involved in the development, production, and distribution of a wide variety of pharmaceutical finished dosage formulations.
About Mankind Pharma
In addition to producing and marketing a wide variety of pharmaceutical finished dosage formulations (FDFs) in both acute and chronic therapeutic areas, Mankind is a publicly traded company that also produces consumer healthcare products like condoms, emergency contraceptives, pregnancy tests, vitamins, minerals, and nutrients, antacids, and anti-acne preparations. Mankind is also involved in the production and distribution of active pharmaceutical ingredients (APIs), pharmaceutical intermediaries, and pharmaceutical product packaging through its subsidiaries.
About Mankind BSV
BSV and its subsidiaries work in the following areas: (a) ayurvedic medicines; (b) biotech and biological formulations and/or API; (c) food and health supplements; (d) medical devices; and (e) research, development, licensing, manufacturing, importing, exporting, marketing, and distribution of these products. In each case, these products are in the therapeutic areas such as gynaecology, in vitro fertilisation, critical care, and/or emergency medicines for human use. BSV’s operations in India, including those of its fully owned Indian subsidiary BSV Pharma Private Limited, which is currently undergoing a merger with BSV, are restricted to the development, production, and marketing of a variety of biological, biotech, and pharmaceutical products in the therapeutic domains of emergency medicine, critical care, women’s health, and IUI-IVF.
India’s pharmaceutical industry has come a long way since its early days of producing generic drugs for the world. Today, the country is home to some of the largest and most innovative pharmaceutical companies in the world.
According to the Indian Economic Survey 2021, the domestic market is expected to grow 3x in the next decade. India’s domestic pharmaceutical market stood at US$ 42 billion in 2021 and is likely to reach US$ 65 billion by 2024 and further expand to reach US$ 120-130 billion by 2030.
Indian drug & pharmaceutical exports increased from US$ 16.8 billion to US$ 25.4 billion from 2016-17 to 2022-23. Indian drug & pharmaceutical exports stood at US$ 2,196.32 million in September 2022.
In this article, we will explore the Top 20 Pharmaceutical Companies in India and their contributions to the industry.
Top Pharmaceutical Companies of India – Sun Pharmaceutical Industries Ltd.
It is a leading multinational pharmaceutical company in India. Sun Pharma was established in the year 1983. It was founded by Mr. Dilip Shanghvi,who is also the MD of Sun Pharmaceuticals. Sun Pharmaceutical Industries’ revenue wasINR44,520 cr in 2023. The company started offering products to treat psychiatric ailments. Now, the company also offers formulations in various therapeutic, gastroenterology, and diabetology.
Sun Pharmaceutical Industries is one of the largest pharmaceutical company in India based on overall revenue. It is the fourth largest global specialty generic pharmaceutical company in the world. It also sells Carbamazepine, Etodolac, and Clorazepate as well as anti-cancer, steroids, peptides, sex hormones, and controlled substances. Its subsidiaries include Ranbaxy Laboratories and Sun Petrochemical Pvt. Ltd, Sun Ophthalmic Inc, Alkaloida Chemical Company Zrt, Chattem Chemicals Inc. This pharmacy business sells affordable medicines in over 150 countries across 6 continents.
Top Pharmaceutical Companies of India – Divi’s Laboratories
Divi’s Laboratories Limited is a noteworthy player among the top 20 pharma companies in India. This Indian multinational pharmaceutical company, headquartered in Hyderabad, has made a significant impact on the global pharmaceutical industry. Divi’s Laboratories was founded in 1990. Divi’s Laboratories Ltd. manufactures active pharmaceutical ingredients (APIs) and intermediates. This pharmaceutical company in India is engaged in the manufacture of leading generic compounds, Nutraceutical ingredients, custom synthesis of APIs, and intermediates for global innovator companies. Divi’s Laboratories is one of the largest API companies in the world, with a revenue of INR 8,112.17 cr in 2023, and exporting to more than 95 countries.
3. Dr. Reddy’s Laboratories
Company Name
Dr. Reddy’s Laboratories
Founded
1984
Owner
Dr. Kallam Anji Reddy
Headquarters
Hyderabad
Website
www.drreddys.com
Top Pharmaceutical Companies of India – Dr. Reddy’s
Dr. Reddy’s Laboratories was founded by Anji Reddy in 1984. It is an Indian multinational pharmaceutical company. It is known for manufacturing a wide range of pharmaceuticals in India and overseas. They have over 190 medications, 60 active pharmaceutical ingredients for drug manufacturers, diagnostics kits, critical care, and biotechnology products. It had a revenue of INR 25,725.20 cr in 2023. The notable products of Dr. Reddy’s include Canagliflozin. Ramipril, Ibuprofen, Naproxen, Atorvastatin, Nizatidine, Naproxen Sodium, etc.
4. Cipla Limited
Company Name
Cipla Limited
Founded
1935
Owner
Yusuf Hamied
Headquarters
Mumbai
Website
www.cipla.com
Top Pharmaceutical Companies of India – Cipla
Cipla is an Indian multinational pharmaceutical and biotechnology company, that has its headquarters in Mumbai and was established in 1935 by Khwaja Abdul Hamied. Yusuf Hamied is the Non-Executive Chairman of Cipla. This pharmaceutical company in India focuses on developing medicines to treat respiratory, and cardiovascular diseases, arthritis, diabetes, weight control, depression, and many more.
Cipla had a revenue of INR 23,228.57 cr in 2023 and has more than 22,036 employees. The subsidiaries of Cipla are Invagen Pharmaceuticals. They are the largest manufacturer of antiretroviral drugs.
Emcure Pharmaceuticals is a Pune-based company, which was founded in 1983 by Satish Ramanlal Mehta. It was to address the vision of fulfilling the vast healthcare needs that Emcure Pharmaceuticals was born. Emcure Pharmaceuticals started as a single manufacturing facility in Pune and has witnessed healthy growth throughout the years, now boasting a range of world-class manufacturing facilities spread across API, formulations, and biotechnology. Emcure is now known as a vertically integrated pharmaceutical company with commendable infrastructure, skills, and resources that are not only comparable to the best pharma companies in Pune, India but those that are considered as the best in the world. Manufacturing of APIs, Formulations, and Biotechnology can all be summed up as strengths of Emcure.
Namita Thapar, who is distinguished as one of the judges of Shark Tank India, is the Executive Director of Emcure’s India business.
Founded in the year 1978, Biocon is the most popular pharmaceutical company in India. Biocon Limited manufactures generic active pharmaceuticals. The company is based out of Bengaluru. Products from Biocon Limited are sold around the world on a very huge scale. More than 9000 people are employed at Biocon and the company holds total assets valued at over $824 million.
7. Torrent Pharma
Company Name
Torrent Pharma
Founded
1959
Owner
Sudhir Mehta
Headquarters
Ahmedabad
Website
www.torrentpharma.com
Top Pharmaceutical Companies of India – Torrent Pharmaceuticals
Torrent Pharmaceuticals is a leading Indian multinational pharmaceutical company that specializes in the production of generic drugs and active pharmaceutical ingredients. It is based in Ahmedabad and has a revenue of INR 9,665.29 cr as of 2023. Torrent has manufacturing plants at Dahej, Pithampur, Gujarat, and Madhya Pradesh. Torrent Pharma makes medicinal drugs for the Central Nervous System, gastrointestinal pain management, gastrointestinal diabetology, and anti-infective segments. It is committed to providing high-quality and affordable healthcare solutions to patients across the world.
Top Pharmaceutical Companies of India – Lupin Limited
Lupin is a leading Indian multinational pharmaceutical company based in Mumbai that specializes in the development, production, and marketing of generic and branded drugs. Lupin was established in 1968 by Desh Bandhu Gupta. It is the 12th-largest company by market capitalization and is thus one of the most well-known pharmaceutical manufacturers in India. Lupin had a revenue of INR 16,715.02 cr in 2023. The company is involved in the manufacturing and selling of medicines ranging from pediatrics, cardiovascular, anti-infectives, diabetology, asthma, and anti-tuberculosis.
Lupin Limited has its major markets in the USA (Baltimore, Maryland), India Region Formulations, Europe, Japan, South Africa, Australia, Philippines, Mexico, Latin America, etc. Some of the subsidiaries of Lupin Ltd. are Lupin Pharmaceutical Inc., Kyowa Pharmaceutical Industry Co. Ltd., and many more.
Top Pharmaceutical Companies of India – Zydus Lifesciences
Zydus Lifesciences Limited (formerly Cadila Healthcare) was founded in 1952 by Ramabhai Patel. It is also known as Zydus Cadila. It is an Indian pharmaceutical company headquartered in Ahmedabad. It is one of the largest pharma companies in India and had a revenue of INR 17,424 cr in 2023.
Zydus Lifesciences Limited is also known for excellent diagnostics, along with being a manufacturer of herbal, skincare, and other OTC products. The company also produces generics for hepatitis C treatment, based on the voluntary license agreement with Gilead. Cadila makes API at three sites in India which are Ankleshwar plant, the Vadodara plant, and Patalganga.
P. V. Ramaprasad Reddy and Mr. K. Nityananda Reddy
Headquarters
Hyderabad
Website
www.aurobindo.com
Top Pharmaceutical Companies of India – Aurobindo Pharma Limited
Aurobindo Pharma Limited was established in 1986. It sells over 300 products in over 125 countries and its key segment is APIS, as 35% of the total revenue is generated from API. It is the second-biggest pharmaceutical company in India and had a revenue of INR 25,145.97 cr in 2023. Aurobindo Pharma Limited is engaged in the manufacturing and selling of medicines in the fields of neurosciences, cardiovascular, Antiretrovirals, anti-diabetics, gastroenterology, cephalosporins, etc.
11. Intas Pharmaceuticals Limited
Company Name
Intas Pharmaceuticals Limited
Founded
1986
Owner
Hasmukh Chudgar
Headquarters
Ahmedabad
Website
www.intaspharma.com
Top Pharmaceutical Companies of India – Intas Pharmaceuticals
Intas Pharmaceuticals Limited, based in Ahmedabad was founded in 1984 and had a revenue of $2.2 Billion in 2022. It has 13 commercialized biosimilars including Docetaxel and Paclitaxel. This pharma company in India has its R&D department in the field of chronic disease of oncology (cancer), rheumatology, auto-immune, nephrology, ophthalmology, and plasma-derived product-based therapies.
This pharmaceutical company has its headquarters in Ahmedabad and is one of the leading biosimilar product manufacturers in Asia. Intas has 14 formulation manufacturing facilities, of which seven are located in India and the rest in the UK and Mexico. It is the seventh-largest company in India, and the company saw an increase in revenue by 29.84% in 2017.
12. Glenmark Pharma Limited
Company Name
Glenmark Pharma Limited
Founded
1977
Owner
Glenn Saldanha
Headquarters
Mumbai
Website
Glenmarkpharma.com
Top Pharmaceutical Companies of India – Glenmark Pharma Limited
Glenmark Pharma Limited is a pharma company headquartered in Mumbai, India that was founded in 1977 by Gracias Saldanha. This pharmaceutical company has drug discovery that plays an important role in the field of therapeutic areas of dermatology, respiratory, and oncology. It is the eighth largest pharma company and had a revenue of INR 13,306.90 cr in 2023. The company also focused on new biosimilar drugs and in the fields of cancer, dermatology, and respiratory diseases, by collaborating with major pharma companies.
Top Pharmaceutical Companies of India – Innovexia Life Sciences
Innovexia Life Sciences Pvt. Ltd. is one of the best pharmaceutical companies in India. It is involved in the manufacturing as well as the trading of various antacid medications, anti-allergic tablets, capsules, etc. It is also known as a top PCD Pharma Franchise company, that keeps investing and equipping itself with state-of-the-art facilities for high-quality medicines.
14. Biophar Lifesciences Pvt. Ltd.
Company Name
Biophar Lifesciences Pvt. Ltd.
Founded
2010
Owner
Gulshan Rawat
Headquarters
Chandigarh
Website
Biopharlifesciences.co.in
Top Pharmaceutical Companies of India – Biophar Lifesciences Pvt. Ltd.
Biophar is a prominent player among the top 20 pharma companies in India, based in Chandigarh it deals in the PCD Pharma Franchise Business and manufacturing. The quality and reasonably priced formulations make the company one of the most reliable companies in India. Biophar has been expanding its client base by reaching every corner of the nation and adding more distributors. It is the constant endeavor that the company takes, which helps its business spread to other parts and create new networks.
15. Mankind Pharma Limited
Company Name
Mankind Pharma Limited
Founded
1995
Owner
R. C. Juneja and Rajeev Juneja
Headquarters
New Delhi
Website
www.mankindpharma.com
Top Pharmaceutical Companies of India – Mankind Pharma Limited
Mankind Pharma Limited is a pharma company in India that has its headquarters in New Delhi. It was founded in 1995 and helps in the production and sale of a wide range of products, including Antibiotics, Antifungals, NSAIDs, Gastrointestinal, Anthelmintic, Cardiovascular, Dermal, Erectile Dysfunction, and several other categories. The company had a revenue of approximately INR 8,878 cr in 2023 and is one of the top Indian pharma company.
16. Piramal Enterprises Limited
Company Name
Piramal Enterprises Limited
Founded
1984
Owner
Ajay Piramal
Headquarters
Mumbai
Website
www.piramal.com
Top Pharmaceutical Companies of India – Piramal Enterprises Ltd.
Piramal Enterprises Limited is one of the popular companies for Pharmaceuticals in India. It was founded in 1984 and was acquired by Ajay Piramal in the early 1980s. The global business conglomerate deals with healthcare, life sciences, drug discovery, healthcare, etc. The company further deals with pharma, critical care, consumer products, phytomedicine, and imaging. Piramal Enterprises Limited is based on total revenue of INR 9,086.74 cr in 2023.
17. Laurus Labs Ltd.
Company Name
Laurus Labs Ltd.
Founded
2005
Owner
Dr. Satyanarayana Chava
Headquarters
Hyderabad
Website
www.lauruslabs.com
Top Pharmaceutical Companies of India – Laurus Labs Ltd.
Laurus Labs, a leading research and development-driven Indian pharma and biotech company, is a notable player in the top 20 pharma companies in India and had a revenue of INR 6,046.55 cr in 2023. Laurus Labs is headquartered in Hyderabad and has its manufacturing plants located at Visakhapatnam, Hyderabad, and Bangalore. The company mainly focuses on active pharma ingredients, finished dosage forms, synthesis, and biotechnology. Laurus Labs leads in generic active pharmaceutical ingredients (‘APIs’) certain high-growth therapeutic areas of antiretrovirals (‘ARVs’), Hepatitis C, and Oncology.
Laurus Labs is a 4000-employee organization all of whom are always looking out to expand the horizons of Chemistry to develop new cures and new methods to cure people along with making a considerable profit. The employees of Laurus Labs Ltd. include pharmaceutical and biotechnology industry veterans, research scientists, manufacturing and management professionals, and more.
18. Abbott India Ltd.
Company Name
Abbott India Ltd.
Founded
1944
Owner
Abbott Laboratories
Headquarters
Mumbai
Website
www.abbott.co.in
Top Pharmaceutical Companies of India – Abbott India Ltd.
Founded in 1944, Abbott is a subsidiary of Abbott Laboratories of USA, established back in 1910 and always dedicated to helping people live healthier lives. Abbott India is responsible for manufacturing a diverse range of nutritional products, diagnostic tools, branded generic pharmaceuticals, diabetes, vascular devices, and more.
Abbott’s products can be categorized into a wide range of therapeutic categories like women’s health, gastroenterology, cardiology, metabolic disorders, and primary care.
Headquartered in Mumbai, Abbott is one of the oldest pharmaceutical companies in India and among the largest MNC pharma companies.
19. Alkem Laboratories
Company Name
Alkem Laboratories
Founded
1973
Owner
Samprada Singh
Headquarters
Mumbai
Website
www.alkemlabs.com
Top Pharmaceutical Companies of India – Alkem Laboratories
Alkem or Alkem Laboratories Ltd. is one of the Indian multinational pharma companies from Mumbai that produces and sells pharmaceutical generics, formulations, and nutraceuticals in India and around the world. It had a revenue of INR 11,815.34 cr in 2023.
Alkem Laboratories has successfully set up 21 manufacturing plants, as of September 2021, out of which 19 plants are in India and 2 of Alkem’s plants are in the US. Alkem boasts of around 5 decades worth of popularity. Taxim from Alkem emerged as the first anti-infective drug to cross the 1,000 million mark of domestic sales in 2006.
20. Alembic Pharmaceuticals
Company Name
Alembic Pharmaceuticals
Founded
1907
Owner
Chirayu Amin
Headquarters
Vadodara
Website
Alembicpharmaceuticals.com
Top Pharmaceutical Companies of India – Alembic Pharmaceuticals
Alembic Pharmaceuticals was founded in 1907 in Vadodara, Gujarat. The company is involved in manufacturing pharmaceutical products, pharmaceutical substances, and intermediaries and has set up its manufacturing plants in Panelav and Karakhadi, Gujarat, and Sikkim.
The company initially started as Alembic Chemical Works in 1907, when the company began manufacturing tincture and alcohol in its unit at Vadodara. With its name in the Forbes’ 2016 list of ‘India’s Super 50 Companies 2016’, Alembic Pharmaceuticals is one of the most popular pharmaceutical brands in India.
Conclusion
India has a rapidly growing pharmaceutical industry and is becoming a major player in the global market. The top pharmaceutical companies in India, including Torrent Pharmaceuticals, Lupin, and Zydus Lifesciences Limited, have made significant contributions to the industry through their innovative products and commitment to high-quality healthcare solutions. These companies have a global presence and are expanding their reach to new markets, with a focus on affordable healthcare solutions for patients worldwide. With India’s growing expertise in the field of pharmaceuticals, the industry is set to witness significant growth in the years to come.
FAQs
What are the top 20 pharmaceuticals in India?
Here is the list of the top 20 pharmaceutical companies in India:
Sun Pharmaceutical Industries
Divi’s Laboratories
Dr. Reddy’s Laboratories
Cipla Limited
Emcure Pharmaceuticals
Biocon Limited
Torrent Pharma
Lupin Limited
Cadila Healthcare Limited
Aurobindo Pharma Limited
Intas Pharmaceuticals Limited
Glenmark Pharma Limited
Innovexia Life Sciences Pvt. Ltd.
Biophar Lifesciences Pvt. Ltd.
Mankind Pharma Limited
Piramal Enterprises Limited
Laurus Labs Ltd.
Abbott India Ltd.
Alkem Laboratories
Alembic Pharmaceuticals
Which is the No. 1 pharma company in India?
Based on revenue, Sun Pharmaceutical Industries Ltd. is the largest pharma company in India.
Who is the owner of Sun Pharma?
Dilip Shanghvi is the owner of Sun Pharmaceutical IndustriesLtd.
What are the pharma companies in Ahmedabad?
There are numerous pharma companies in Ahmedabad. Some of the major pharmaceutical companies are:
Torrent Pharmaceuticals
Zydus Cadila
Unison Pharmaceuticals Private Limited
Dishman Pharmaceuticals
Nabros Pharma Private Limited
Acron Pharmaceuticals
Nabros Pharma
What is the turnover of pharmaceutical companies in India?
The Indian pharmaceutical market (IPM) grew 6.8% to touch a turnover of Rs 1.93 trillion in the year 2023.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Mankind Pharma Limited.
One of the most thriving industries of today is pharmaceuticals. This industry can be said to be one of the biggest industries that yield effective solutions for the countless health disorders we have in the world these days.
Pharmaceutical manufacturing is a booming business and stands out as one of the important domains in the world of medicine and drugs.
One such giant pharmaceutical company in India is Mankind Pharma, whose products have crossed the borders of India and have obtained quite a popularity. Mankind Pharma was founded in 1995 by Ramesh C. Juneja and Rajeev Juneja, with its main office located in New Delhi. The company also has a wide spectrum of products in the OTC and FMCG sector, apart from the pharmacy.
Mankind Pharma is an Indian global pharma company that offers therapeutic goods in a variety of categories, including antibiotics, gastrointestinal, cardiovascular, dermal, and erectile dysfunction drugs. They span industrial fields including labs, medicines, and medical research.
The company has three major brands; Manforce, Prega News, and Gas-O-Fast.
Mankind is India’s fourth-largest pharmaceutical company by domestic sales. It mostly focuses on delivering quality products at affordable prices and maintains a record of building and scaling brands in-house. Around 34 foreign countries in Asia, Africa, South-East Asia, the Gulf of Mexico, and the CIS is where Mankind conducts its business.
The pharma has three R&D centers located in IMT Manesar, Gurugram, and Haryana.
Mankind Pharma – Industry details
The Pharma industry is probably one of the crucial industries to enhance the quality of our life. Today, the Indian Pharmaceutical industry is estimated to be worth $42 billion worldwide.
Mankind Pharma – Founder
Mankind Pharma is founded by two brothers Ramesh C. Juneja and Rajeev Juneja in 1995.
Ramesh C. Juneja
Ramesh. C. Juneja has honorable positions in several Indian pharmaceutical organizations. He is currently the Chairperson of Mankind Pharma. Ramesh C. Juneja began his career in 1974 with KeePharma Ltd. as a medical representative after earning his degree in science. He started working for Lupin Limited in 1975 and held the position of first-line manager for about 8 years. Ramesh C. Juneja serves as the head of the Himachal Pradesh-UK State Board for the Indian Drug Manufacturers Association and the Federation of Pharma Entrepreneurs (FOPE).
Network 18 presented Ramesh C. Juneja with the Business Icon Pharma Award in 2011. He was also one of the four business titans nominated for the 2012 Asia Business Leadership Award and the 5th Annual Pharmaceutical Leadership Summit’s “Business Leader of the Year Award.” According to Forbes‘ list of the Top 100 Richest Indians, Ramesh C. Juneja is one of the richest Indians in September 2013.
Rajeev Juneja
Rajeev Juneja co-founded Mankind Pharma Limited along with his brother Ramesh C. Juneja. Presently, Rajeev Juneja serves as the Vice-Chairman of the company. He dropped out of college to work in several pharmaceutical sectors before founding Mankind Pharma. Rajeev Juneja is the organization’s main motivator and the reason for its success. He provides Mankind Pharma with a competitive edge with his understanding of every facet of marketing. Rajeev’s goal is to make Mankind Pharma one of the top three businesses with a significant market share in the OTC and FMCG sectors.
Mankind Pharma – Startup Story
Mankind Pharma was officially formed in 1991 but eventually started its business operations in 1995. In the initial days, Mankind Pharma had raised just Rs 50 lakhs through seed funding.
In the 2000s, Mankind Pharma produced many breakthrough pharma products. In 2004, it launched the ‘Amlokind’ tablets and ‘Glimestar’ tablets. The following year, it opened its first manufacturing facility at Paonta, Himachal Pradesh.
The medicine Dydrogesterone, also known by the brand name Dydroboon and used in high-risk pregnancies, was developed and released by Mankind in 2019, making it the first Indian business to do so and the second in the world overall.
Mankind now employs over 14,000 people and aims toward $1 billion in sales.
Mankind Pharma – Mission and Vision
The vision of Mankind Pharma is, “To be a global pharmaceutical company, most admired for its Affordability, Quality, and Accessibility of products.”
Mankind Pharma’s mission statement reads, “To be able to provide cost-effective, innovation-based superior quality pharmaceutical products across the globe, to improve the lives of the patients.”
Mankind Pharma strongly believes in and follows its seven Core Values:
Customer Centricity
Quality
Innovation
Integrity
Go Beyond
People Development and Collaboration
Mankind Pharma – Business & Revenue Model
Mankind Pharma’s business operations mostly involve manufacturing APIs, Therapeutics categories like dermal, antibiotics, cardiovascular, anti-diabetics, vitamins, minerals, nutrients, and other generic medications. Along with the three main R&D centers, Mankind has two additional R&D centers, which are managed by its non-wholly owned subsidiaries. This includes its COPMED Research Centre in Dehradun, Uttrakhand, and Mediforce Research Centre at Paonta Sahib, Himachal Pradesh.
Mankind Pharma’s business includes producing several differentiated brands of condoms, oral contraceptives, antacids, pregnancy detection, anti-acne gels and creams, and vitamin and mineral supplements.
Mankind generates its main source of revenue by selling its following brands, which are also some of its highest-selling pharmaceutical brands. These are:
Dydroboon
Manforce
Unwanted-Kit
Prega News
Nurokind-LC
Codistar
Telmikind
Cefakind
Mankind Pharma reports generating about 97% of its revenue through domestic sales. It also generates a good amount of income in the chronic therapeutic areas.
Mankind Pharma’s CSR activities
The company also operates by supporting many non-profit organizations that are engaged in education, healthcare facilities, social welfare, conservation of natural resources, and rural development.
Mankind Pharma – Funding and Investors
Over two rounds, Mankind Pharma has raised total funds of $239 million. On May 28, 2015, they received their most recent round of finance from the secondary market. Three investors have financed Mankind Pharma. Capital Group and Chrys Capital are its most recent investors. The company is also reported to have been funded by an American-based independent investment firm, HarbourVest Partners.
Date
Funding Round
Amount
Investors
May 28, 2015
Secondary Market
$215 million
Capital Group
April 30, 2007
Private Equity Round
$24 million
Chrys Capital
Mankind Pharma – Mergers and Acquisition
On February 1, 2022, Mankind Pharma bought Panacea Biotec Pharma’s Formulations division. For $19.1 billion, they purchased Panacea Biotec Pharma’s Formulations division.
Mankind Pharma – Investments
Until now, Mankind Pharma has made three investments. Leverage Edu raised $22 million on March 21, 2022, marking their most recent investment. Leverage Edu is a marketplace powered by AI that is intended to assist students with their objectives for further education and job advancement.
Date
Organization Name
Amount Invested
March 21, 2022
Leverage Edu
$22 million
January 19, 2022
Dogsee Chew
$500 million
August 11, 2021
Miko
$2.1 billion
Mankind Pharma – Advertisements and Social Media Campaigns
Mankind Pharma has always been a player in marketing its brand like no other company. The company has roped in several Bollywood stars to endorse its brands and reach a massive target audience.
In August 2021, Mankind Pharma launched a campaign to spread awareness about the essence of Covid vaccination. The campaign was called ‘Vaccinate My India’. The video shows a doctor holding a torch and further handing it over to other frontline workers like pharmacists, nurses, delivery agents, ambulance drivers, police, army officials, and every other person to highlight the message of vaccination to beat the virus.
Here is what Rajeev Juneja, the MD, and Vice-Chairperson of Mankind Pharma said regarding the campaign, “As the leaders in the pharmaceutical industry, our communication is always in alignment with the betterment and safety of our nation. With this campaign, we want to educate each and every citizen with regard to the importance of vaccination. Vaccinations are our only mode of protection from the deadly virus and we all must actively ensure to get as many people as possible vaccinated.”
Mankind Pharma – Awards and Achievements
Mankind Pharma has won several awards. Some of these awards are listed below: In 2022:
Best of Bharat Awards by exchange4media
Mankind won the Award for Branding and Excellence for the Strategic Initiative to introduce DMF Quality Drugs in India
In 2021:
Mankind received Silver Medal from National Awards for Manufacturing Competitiveness Assessment
Sliver Award for Good Health Brand
In 2018:
Mankind Pharma got the Best Condom Brand of the Year Award
Pharma OTC Company of the Year Award
In 2017:
Mankind Pharma received the Award for Best Design in Healthcare
Mankind Pharma – Competitors
The list of top competitors of Mankind Pharma are:
As per recent reports, Mankind Pharma has piled up many future plans. It is planning to enter the capital market by the end of 2022 with a target of a $1 billion IPO. Besides this, it is also aiming to launch more products in anti-diabetics and cardiovascular areas in the coming months. It also wants to focus on acquiring vaccine companies. Mankind Pharma wants to expand its operations beyond India, by establishing in the USA market with an ambition to achieve around Rs 600 crore annually.
FAQs
Who is the CEO of Mankind?
Sheetal Arora is the current CEO of Mankind.
Is Mankind Pharma a private company?
Mankind Pharma is a public unlisted company.
Where is the head office of Mankind Pharma?
Mankind Pharma has its head office in New Delhi.
What is the ranking of Mankind Pharma in the Indian pharmaceutical market?
Based on overall revenue, Mankind Pharma is India’s 10 largest pharma company.
Sakshi Jadhav
