Top 10 Pharma Manufacturing Companies In India – India is a big player in the pharmaceutical world. It’s the third-largest producer and supplier of generic medicines globally, with a hefty 20% market share. In 2021, the domestic pharmaceutical market in India was worth about US$ 42 billion, and it’s expected to grow to US$ 65 billion by 2024.
India also exports a lot of medicines, totaling around US$24.44 billion in 2021. The COVID-19 pandemic led to an increased need for healthcare and vaccines, and India stepped up by providing medicines and vaccines to 71 countries, including grants and commercial exports.
List of Top 10 Pharma Manufacturing Companies In India
Let’s discuss the top 10 pharma manufacturing companies in India. These are the big names in the Indian pharmaceutical industry:
1. Indo Rama Pharma
Founder : Mr. Ankur Aggarwal and Mr. Gaurav Jindal
For over 12 years, Indo Rama Pharma has been contributing to the world of pharmaceuticals. They specialize in making various types of medicines, like soft gelatin capsules, liquid syrups, powders in sachets, hard gelatin capsules, and tablets. Their main belief is simple: “Keeping health safe is the key to a happy life. They think that being healthy leads to a joyful life.
High-quality production takes place in specialized facilities that have received WHO-GMP certification. They are a fast-growing company that provides trustworthy medicines that encourage healthy living. Right from the start, they focus on delivering high-quality medicines while always following the rules and regulations. This setup allows them to meet the client’s needs promptly and also deals in third party manufacturing services. These are the main reasons why Indo Rama Pharma is one of the top companies among the top 10 pharma manufacturing companies in India.
- 3rd Party Mfg.
- Third Party Manufacturer
- Generic Third Party Mfg.
- Contract Pharma Mfg.
- Generic Medicine Company
- Pouch Manufacturers
2. Sun Pharmaceutical Industries Ltd.
Founder: Dilip Shanghvi
Sun Pharmaceutical Industries Ltd., established in 1983 and based in Mumbai, holds the distinction of being India’s largest pharmaceutical company and the fourth-largest globally in the realm of generic pharmaceuticals. Their expertise lies in the creation of medications. With an extensive presence, operating in over 100 countries with over 40 manufacturing units, Sun Pharma plays a pivotal role in the global supply of medicines, contributing significantly to healthcare worldwide.
3. Reddy’s Laboratories Ltd.
Founder: Kallam Anji Reddy
Dr. Reddy’s Laboratories Ltd., established in 1984 and headquartered in Hyderabad, specializes in producing active pharmaceutical formulations, generic drugs, and over-the-counter medications. They operate more than 10 FDA-approved plants across India and have partnered with the Russian Direct Investment Fund to manufacture Sputnik V vaccines, contributing to the fight against COVID-19.
4. Divi’s Laboratories Limited
Founder: Murali Divi
Hyderabad-based Divi’s Laboratories, established in 1990, is a significant force in the pharmaceutical sector. Their main areas of interest include the production of intermediates, nutraceutical components, and active pharmaceutical ingredients (API). They have established a reputation as one of India’s top pharmaceutical firms because of their commitment to quality. They have significantly impacted healthcare throughout the globe.
Founder: Khwaja Abdul Hamied
Cipla, established in 1935 in Mumbai, is a leading multinational pharmaceutical company. They provide a diverse range of generic medicines, focusing on respiratory, diabetes, weight control, and more. Cipla is the world’s largest producer of antiretroviral drugs and operates 34 manufacturing units across India and 80 other countries.
6. Aurobindo Pharma
Founders: V. Ramprasad Reddy and K. Nityanana Reddy
Aurobindo Pharma, founded in 1986, is headquartered in Hyderabad. They specialize in generic pharmaceuticals and active pharmaceutical ingredients (APIs). Aurobindo Pharma expanded its global presence by acquiring ACTAVIS, extending its reach to seven Western European countries. The company’s products are in high demand globally due to their quality and affordability.
7. Torrent Pharmaceuticals
Founder: Uttambhai Nathalal Mehta
Torrent Pharmaceuticals, which is part of the Torrent Group, is an Indian multinational pharmaceutical company. They started their journey back in 1959 and have their headquarters in Ahmedabad. One of their standout features is making top-notch medicines that don’t break the bank. They’re really good at making medicines for heart health, stomach issues, and even things related to your brain and nerves. They’re a big deal not only in India but also in other countries.
8. Lupin Limited
Founder: Desh Bandhu Gupta
Lupin, founded in 1968 in Mumbai, initially manufactured folic acid and iron tablets but gained prominence through its production of tuberculosis drugs. Today, Lupin is a major player in the pharmaceutical industry, with manufacturing units in India, Mexico, Brazil, the United States, and Japan. They focus on various therapeutic areas, including anti-infectives, pediatrics, and cardiovascular drugs.
9. Zydus Cadila Healthcare
Founder: Ramanbhai Patel
Zydus Cadila, founded in 1952 and headquartered in Ahmedabad, is one of India’s oldest pharmaceutical companies. They produce a wide range of pharmaceuticals, diagnostics, herbal products, OTC products, and skincare items. Their COVID-19 vaccine, ZycoV-D, was under clinical trials and was expected to enter the market in September 2021.
10. Abbott India
Founder: Dr. Wallace Calvin Abbott
Abbott India, a branch of Abbott Laboratories in the United States, was established in 1944 and is headquartered in Mumbai. Abbott India manufactures and distributes 400 branded generic pharmaceuticals worldwide, known for their high quality and reliability.
Indo Rama Pharma stands as a significant player among the top 10 pharma manufacturing companies in India. With their commitment to producing quality pharmaceuticals, they have earned their place among the top companies in India. Their contributions to healthcare play an important role in ensuring easily available and reliable medicines for people in India. Their dedication to innovation and production excellence defines their position in the pharmaceutical manufacturing landscape.
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