Top 12 Pharmaceutical Companies in India

Due to the COVID-19 pandemic, Healthcare facilities and medicines have become the need of the hour. India, the second-largest populated country, have also seen numerous cases of Covid-19 and the number is still growing. India's pharma sector is also growing and also changing lives by providing the necessary amenities. According to the Ministry of Chemicals and Fertilizers, the turnover of pharmaceutical companies in India was 18.12 billion USD in 2018 and 19.14 billion USD in the fiscal year 2019.

Generic drugs from top pharma companies account for 20% of global exports in terms of volume that makes India the largest provider of generic medicines globally. The Indian pharmaceutical market is excepted to be worth 33.18 billion USD and will reach 9th position in the global pharma market by 2023. We have listed some of the top pharmaceutical companies in India which is ruling India's pharma sector.

Top Pharmaceutical Companies of India
Sun Pharmaceutical Industries
Divi's Laboratories
Dr. Reddy's Laboratories
Cipla Limited
Lupin Limited
Cadila Healthcare Limited
Aurobindo Pharma Limited
Intas Pharmaceuticals Limited
Glenmark Pharma Limited
Mankind Pharma Limited
Piramal Enterprises Limited
Novartis India

Top Pharmaceutical Companies of India

largest pharmaceutical company in india
Top Pharmaceutical Companies of India

Sun Pharmaceutical Industries

Sun Pharmaceutical Industries' revenue was INR 273.28 billion for the fiscal year 2018. It is the leading multinational pharmaceutical company in India. It was established in the year 1983. It was founded by Mr. Dilip Shanghvi & he is also the MD of Sun Pharmaceuticals. 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 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. It's subsidiaries includes Ranbaxy Laboratories, Sun Petrochemical Pvt. Ltd, Sun Ophthalmic Inc, Alkaloida Chemical Company Zrt, Chattem Chemicals Inc. It sells affordable medicines in over 150 countries across 6 continents.

Dilip Shanghvi | Founder & MD of Sun Pharmaceuticals | Success story | Acquisitions |
Dilip Shanghvi founded Sun Pharmaceuticals and is one of the India’s richestbusinessmen. In 2016, he received the fourth-highest civilian award Padma Shri from the Government of India. He was ranked 8th in India Today’s 2017 list of India’s most powerful people in the world. Forbes listed him as …

Divi's Laboratories

best pharmaceutical companies in india
Divi's Laboratories | Indian Pharmaceutical Company

Divi’s Laboratories Limited is an Indian multinational pharmaceutical company based in Hyderabad, India. 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 and custom synthesis of APIs and intermediates for global innovator companies. Divi’s Laboratories is one of the largest API companies in the world, with ~$730M in revenue and exporting to more than 95 countries.

Dr. Reddy's Laboratories

Dr. Reddy's Laboratories was founded by Anji Reddy in 1984. It is an Indian multinational pharmaceutical company. It is known for manufacturing 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 is India's fifth-largest company of pharmaceuticals and has a revenue of  INR 144.36 billion. It's notable products include Canagliflozin. Ramipril, Ibuprofen, Naproxen, Atorvastatin, Nizatidine, Naproxen Sodium, etc.

Cipla Limited

largest medicine manufacturer in india
Cipla | Indian Pharmaceutical Company

Cipla is an Indian multinational pharmaceutical and biotechnology company, which has it's headquarter in Mumbai and is established in 1935 by Khwaja Abdul Hamied. It is India's fourth-largest pharma company based on overall revenue. This pharmaceutical company in India focuses to develop medicines to treat respiratory, cardiovascular diseases, arthritis, diabetes, weight control, depression, and many more.

Cipla has a revenue of 3.5 billion USD and has more than 22,036 employees. The subsidiaries of Cipla are Invagen Pharmaceuticals. They are the largest manufacturer of antiretroviral drugs.

Top 3 Generic Medicine Startups that are Reshaping the Pharmaceutical Industry in India
Medicine is considered to be one of the most important necessities for all ofus. It is concerned with maintaining and restoring human health, and the role ofa pharmacist is vital for the benefit of the patients. Not all medicines areavailable for low prices and thus cannot be afforded by everybod…

Lupin Limited

Lupin is a multi-national pharmaceutical company based in Mumbai and is the 12th-largest company by market capitalization. Lupin has revenue of INR 159.55 billion and was established in 1986. The company deals with medicines in the field of pediatrics, cardiovascular, anti-infectives, diabetology, asthma, and anti-tuberculosis. The founder of the company was Desh Bandhu Gupta.

Lupin Limited has its major markets in the USA (Baltimore, Maryland), India Region Formulations, Europe, Japan, South Africa, Australia, Philippines, Mexico, and Latin America, etc. Some of the subsidiaries of Lupin Ltd. are Lupin Pharmaceutical Inc, Kyowa Pharmaceutical Industry Co. Ltd. and many more.

Cadila Healthcare Limited

Cadila Healthcare Limited was founded in 1952. It is an Indian pharmaceutical company headquartered in Ahmedabad. It is one of the largest pharma companies in India and has a revenue of INR 119.05 Billion. It was founded by Ramabhai Patel.

Cadila Healthcare Limited is also known as the manufacturer of diagnostics, herbal products, skincare products, and other OTC products. The company also produces the generics for hepatitis C treatment, based on the voluntary license agreement with Gilead. The company makes API at three sites in India that are Ankleshwar plant, Vadodara plant, and Patalganga.

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 pharmaceuticals company in India and has a revenue of INR 164.99 Billion. Aurobindo Pharma Limited deals with medicines in the field of neurosciences, cardiovascular, Antiretrovirals, anti-diabetics, gastroenterology, and cephalosporins, etc.

Intas Pharmaceuticals Limited

Intas Pharmaceuticals Limited was founded in 1984 and has a revenue of INR 108.86 billion. 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 Ahemdabad 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.

Glenmark Pharma Limited

top indian pharma companies by revenue
Glenmark Pharma | Pharmaceutical Companies in Mumbai

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 has a revenue of INR 91.86 Billion. The company also focused on new drugs biosimilars and the fields of cancer, dermatology, and respiratory diseases, by collaborating with major pharma companies.

Mankind Pharma Limited

Mankind Pharma Limited is a pharma company in India and has its headquarters in New Delhi. It was founded in 1995. It is dealing with a wide range of products including Antibiotics, Antifungals, NSAIDs, Gastrointestinal, Anthelmintic, Cardiovascular, Dermal, Erectile Dysfunction, and several other categories. The company has a revenue of INR 52.00 Billion and is the 10th Indian largest pharma company.

Piramal Enterprises Limited

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 deals with pharma, critical care, consumer products, phytomedicine, and imaging. Piramal Enterprises Limited is the 12th largest company in India, based on total revenue and has a value of INR 43.22 billion.

Novartis India

Novartis is a multinational pharma company which is based in Switzerland. Novartis globally is focused on three divisions with global scale and innovation power – pharmaceuticals, eye care, and generic medicines. In India, the Pharmaceutical business of Novartis India Limited is focused on Bone & Pain, Calcium portfolio, Gynecology, and Neurosciences, and the Generics business is focused on Gynecology, Anti-TB, and Anti-infectives.

These were the list of medical companies in India. Hope this list will help you in having business idea which you can start with. Comment below which pharmaceutical company you think is doing the best in the field of  life sciences. Share this post with your friends.

Author image

About Ashwini

  • Maharastra
You've successfully subscribed to StartupTalky
Great! Next, complete checkout for full access to StartupTalky
Welcome back! You've successfully signed in.
Success! Your account is fully activated, you now have access to all content.
X