Top Pharma Franchise Companies in India
Top PCD Pharma Franchise Companies in India- Pharmaceutical is a growing industry in India, contributing well to the GDP of the nation. It is also a good area too if you are thinking to invest your money in the pharma sector. The pharmaceutical industry aims to expand more in the coming years, India holds 73% of the Pharma Industry. The data showed the Pharmaceutical sales for the financial year 2020-21 was ₹1.47 trillion which means it is up 2.1%. The sale of Pharmaceutical medicines grew by 10% during the Pandemic, even the covid-19 couldn’t stop the growth of the pharmaceutical industry. cardiac care and anti-diabetes drugs, Anti-malarial drugs were among the segment which was high in demand in the first quarter of the Coronavirus.
Now, if you are wondering to start a business in the pharmaceutical industry with less investment then you are at the right place. We bring you the list of Top Pharma Franchises in India that could help you to choose the one for you according to your convenience. The Pharma industry in India has become a good investment spot that could provide growth and profit. Even the government is also encouraging this by allowing the FDI (Foreign Direct Investment) which is helpful in the growth. Below is the list of best Pharma Franchise companies in India which all are best for the PCD Pharma Franchise business.
This list of Top Pharma Companies consists of rewound and trustworthy companies that have to be appreciated for their tremendous work in the field of the healthcare sector. Not only this, some of these companies and ideal for the Pharma Franchise business in India. So, without wasting any time, let’s just move ahead,
LUPIN Pharmaceutical INC. – Best Pharma Franchise Company
Lupin Pharmaceutical is among the top and the best Pharmaceutical companies in India. This Pharma Franchise Company is known for providing high-quality, branded, and generic medications that are trusted by healthcare professionals and patients worldwide.
This Pharma Company is very popular and well established. In the year 2015, at the end of the financial year on 31st March, this company had a turnover of Rs. 125,997 million (USD 2.06 billion) and Rs. 24,032 million (USD 393 million) respectively after paying the tax. It is the seventh-largest company by market capitalization; and the 10th-largest generic pharmaceutical company by revenue globally
Company Provides a huge range of Pharma formulations. Lupin is considered a transnational Pharma Company. So the company is best for a franchise business. The Company reported a noticeable hike in its consolidated net profit. It’s at ₹542 crores for this quarter which is better than ₹106.9 crores in the corresponding period of the previous fiscal. Lupin’s revenue from operations stood at ₹4,237 crores which have grown from ₹3,468.63 crores in the year-ago quarter.
Cipla
Cipla is the Best pharma company in India and provides a huge variety of products that are acclaimed nationwide. The market presence of Cipla can be estimated by the fact that in August 2021 Cipla has a market cap of $9.87 Billion. This clearly makes Cipla 1576th the most valuable company in the World.
Cipla Limited is an Indian multinational pharmaceutical and biotechnology company, headquartered in Mumbai. All products are affordable and high in Demand by this Pharma Company. Cipla provides its Pharma Franchise in all the major cities of the country and the turnover of this company is USD 20,000 billion which is very impressive.
This company is having more than 20,000 employees around the world. Cipla has a presence in over 100 countries.
Arlak Biotech – Top Leading Pharma Franchise Company in India
Arlak biotech is the fastest-growing Pharma Company in India, based in Chandigarh. The company provides a wide range of products and that too at the best quality and affordable prices. Arlak Biotech is having 14 divisions which adds to its reputation.
The company is having a number of business divisions and more than 500 associates in India and serves more than 80,000 health professionals. Arlak Biotech is also awarded as the Best Pharma Franchise of 2015.
Arlak Biotech aims to provide people with innovative and new Pharma products due to which it is having a strong customer base, therefore it has been made in the list of Top Pharma Franchise companies in India.
Arlak Biotech is the best option to invest your money when it comes to getting the Pharmaceutical Franchise in any part of the country. You do not have to invest a huge amount of money. The company is considered best for the PCD Pharma Franchise business.
Aurobindo Pharma – Top Pharmaceutical Company
Aurobindo was founded in the year 1986, by Mr. P.V. Ramaprasad Reddy, and Mr. K. Nityananda Reddy. The company has it is headquartered in Hyderabad. The Company produces the finest drug in the pharma industry.
Aurobindo aims to generate a revenue of USD 6 billion in the coming year. The company is R&D-focused and has a multi-product portfolio with manufacturing facilities in several countries. The company provides its franchise in all major cities. So Aurobindo is the best pharma franchise company.
The company made it into the list of top Pharma franchise companies due to its quality services for its associates, range of products that are high in quality, and affordability. Aurobindo pharma has delivered good profit growth of 21.38% CAGR over the last 5 years.
Sun Pharma – PCD Pharma Franchise Company
Sun Pharma is one of the top leading pharma companies in India. This Pharma Company is having more than 30,000 employees around the world. Moreover, Sun Pharma markets more than 2000 products which are huge.
All pharma formulation developed by this company is good in quality and are effective too. The company is having a good number of associates around the country. Sun Pharma is well known to provide innovative and new pharma products.
The global revenues exceed US$ 4.6 billion of Sun Pharma. It is also among India’s largest, most trusted, and most valuable pharmaceutical companies. This makes this company a trustworthy one. So Sun Pharma is also known as the best PCD Pharma Franchise company.
Zydus Cadila – Top PCD Franchise Company
Zydus Cadila is a global healthcare product provider company that is fully integrated and has all the technology to compete with the leading pharma companies. Zydus Cadila is having associates across the country.
Zydus Cadila provides total healthcare solutions ranging from formulations, active pharmaceutical ingredients, and animal healthcare products to wellness products. The company produces the finest drugs available in the market.
Zydus Cadila aims to become a research-based pharma company by 2020 and also looks forward to generating 10000 crores by next year. Zydus Cadila is the first Indian company that launched the NCE – Lipaglyn, the world’s first drug to be approved for the treatment of diabetic dyslipidemia.
Glenmark ‘ Growing Pharma Franchise company in India’
The company stands 5th on the list with a presence in 40 countries around the world. The company is having 12000 employees around the world who work hard. The company looks forward to generating new molecules to bring something new and more effective which could make life better for the patients.
The company provides high-quality branded drugs at affordable prices so that most of the patients could get the benefits of their products. Glenmark is well known for the treatment of Dermatology, oncology, and respiratory therapy.
Glenmark Pharmaceuticals became the largest seller of favipiravir in India. This recorded a 23% YoY growth in sales. This was largely on account of robust sales of the covid-19 drug as well as the low base last year. Sales of Glenmark were up 15% for 2020-21. The reason for this is sales of favipiravir. Today the company is the fastest-growing company among the top 20 drugmakers.
Torque Pharma
Torque Pharma is among the top Pharma Franchise Companies in India, Torque has a large list of products that are supreme in quality. The company claims to manufacture the finest drug and pharma products in the market.
The company believes in constant innovation and new technology. The medicines from this company are available at affordable prices. The company is having its domestic as well as global presence. This company is best in the terms of production, positioning, and presence in the domestic and international arena.
Dr. Reddy’s Lab
Dr. Reddy’s Lab also comes on this list. This is Hyderabad based which was founded in 1984. It is the pharmaceutical company that has made its strong presence in the Pharma industry. The wide range of pharma products. The company is known for providing the best quality of effective pharma formulation in all parts of the country. This API manufacturer company provides a good product range and contributes well by coming up with new and innovative products.
The products of the company are available under a brand name, such as Omez, Nise, Ketorol, Stamlo, and Razo, among many others. The Brands of this company have established themselves as leaders in their respective categories. So it’s the best company for the pharma franchise business
Requirements to the taking of Pharma Franchise of these Pharma Companies
There are two requirements of these pharmaceutical companies to get their Pharma franchise
- Income Tax Registration – ITR is required by pharma industries to get a pharma franchise. VAT, CST & TIN are required.
- Pharmacy Drug Licences -This is mandatory to get the franchise of any pharmaceutical company. You can get pharmacy drug licenses from state or central drug standard control organizations.
Scope of Pharmaceutical Sector in India.
With the passage of time, the pharmaceutical industry will grow to be more profitable for investors. With the rising population and economy, the lifestyle of people is changing as well. People want to get the best quality medicines that could full fill their needs for better healthcare. The medical field is getting advanced with the new development with every passing day to provide patients with the best treatment.
In the coming time, with more awareness of health, demand for quality pharmaceutical products will increase, and thus, the pharmaceutical sector will get good growth and business. Apart from this, here are a few more things that simply indicate that the pharmaceutical industry has a bright future and great scope in the coming time:
- According to the Latest 2017 Report, the Pharmaceutical Sector of India will touch US$ 45 Billion by 2020
- According to the pharma study, the Cost of pharma production in India is 33% lower than in the United States
- In India, the cost of setting up a production plant is 40 percent lower than in Western countries
- Per capita sales of pharmaceuticals expanded at a CAGR of 17.6 percent to US$ 33 in 2016
- Now India has become the 2nd largest number of USFDA-approved manufacturing plants outside the US
Conclusion
These were the top Pharma Franchise companies in India, we hope the list might solve your confusion about choosing the best PCD Pharma Franchise Company for your Pharma business. This list of companies has been prepared on the basis of the quality, demand, and turnover of the companies. These are the best PCD Pharma Franchise Companies in India investment in any of these companies will surely provide you with good returns and growth.
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