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Top 50 Pharma Companies of India [2024]

Top 50 Pharma Companies of India

India’s pharmaceutical industry or top pharma companies of India has experienced remarkable growth and transformation over the years, making it one of the world’s most prominent players in the global pharmaceutical market. With a burgeoning domestic market and an increasing focus on research and development, India has produced a diverse array of pharmaceutical companies that are driving innovation, providing affordable healthcare solutions, and contributing significantly to the nation’s economy.

In 2023, Sun Pharmaceutical Industries, Dr. Reddy’s Laboratories, Aurobindo Pharma, Cipla, and Abbott India will be some of the top pharmaceutical firms in India. Their income ranges from $26,252 to $44,596 billion. The top 10 pharmaceutical businesses in India collectively have a market value of $77,093 million. Notably, new product launches in 2023 have increased by 26% from the previous year. In this article we will talk about the top 50 pharma companies of India.

The Indian Pharmaceutical Alliance’s Secretary General, Sudarsan Jain, emphasizes that the industry has put in place a number of progressive policies and measures to streamline procedures, setting the pharmaceutical industry for strong growth. Despite geopolitical difficulties, India has continued to export drugs to more than 200 nations, upholding its status as the “pharmacy of the world.” However, to live up to its promise of being a reliable and high-quality provider of medicines globally, the sector must make continual investments in raising production standards. Let’s dig in.

Table of Contents

List of Top 50 Pharma Companies of India

In this discussion, we will explore the top 50 pharmaceutical companies in India, highlighting their achievements, contributions, and the factors that have propelled them to the zenith of the industry.

1. Aarti Drugs Limited

Aarti Drugs Limited - top pharma companies of India

Aarti Drugs Limited is a Mumbai-based pharmaceutical company that specializes in the manufacturing of active pharmaceutical ingredients (APIs) and pharmaceutical intermediates. It is one of the top pharma companies of India.

With a commitment to quality and innovation, Aarti Drugs has gained a strong foothold in the global pharmaceutical market, supplying essential raw materials to pharmaceutical companies worldwide.

2. Abbott India Limited

Abbott India Limited - top pharma companies of India

Abbott India Limited is a subsidiary of the global healthcare giant Abbott Laboratories. This company has a diverse portfolio of pharmaceuticals, medical devices, and nutritional products.

Abbott India’s dedication to research and development has led to breakthrough innovations in healthcare, benefiting patients across India. It is one of the top pharma companies of India.

3. Advanced Enzyme Technologies Ltd.

Advanced Enzyme Technologies Ltd. - top pharma companies of India

Advanced Enzyme Technologies is a pioneer in enzyme research and production. They offer a wide range of enzyme-based products for various industries, including pharmaceuticals, food, and textiles.

Their innovative enzymatic solutions have made a significant impact on the pharmaceutical sector, particularly in the field of biotechnology. It is one of the top pharma companies of India.

4. Ajanta Pharma Limited

Ajanta Pharma Limited - top pharma companies of India

Ajanta Pharma is known for its specialization in developing and manufacturing high-quality generic pharmaceuticals. It is one of the top pharma companies of India.

Based in Mumbai, this company has a strong global presence and a reputation for producing cost-effective medicines, including niche products like oral and ophthalmic preparations.

5. Alembic Pharmaceuticals Limited

Alembic Pharmaceuticals Limited - top pharma companies of India

Alembic Pharmaceuticals, headquartered in Vadodara, Gujarat, is a leading player in the Indian pharmaceutical industry. It is one of the top pharma companies of India.

They have a robust research and development pipeline, focusing on a wide range of therapeutic areas such as anti-infective, cardiovascular, and central nervous system drugs.

6. Alkem Laboratories Limited

Alkem Laboratories Limited - top pharma companies of India

Alkem Laboratories is a renowned pharmaceutical company known for its commitment to quality and innovation. They have a diversified product portfolio encompassing various therapeutic segments, including anti-infectives, gastro-intestinal, and central nervous system drugs.

Alkem’s dedication to research has resulted in several groundbreaking pharmaceutical formulations. It is one of the top pharma companies of India.

7. AstraZeneca Pharma India Ltd.

AstraZeneca Pharma India Ltd. - top pharma companies of India

AstraZeneca, a global pharmaceutical giant, has a significant presence in India through its subsidiary, AstraZeneca Pharma India Ltd. It is one of the top pharma companies of India.

The company focuses on innovative therapies and research-driven solutions, primarily in the areas of oncology, respiratory, and cardiovascular diseases, contributing to the advancement of healthcare in India.

8. Aurobindo Pharma Limited

Aurobindo Pharma Limited

Aurobindo Pharma is a Hyderabad-based pharmaceutical company known for its extensive product portfolio and global presence. It is one of the top pharma companies of India.

They have a strong emphasis on research and development, with a commitment to delivering affordable and high-quality pharmaceuticals, ranging from generic medicines to complex biosimilars.

9. Cadila Healthcare Limited

Cadila Healthcare Limited

Cadila Healthcare, commonly known as Zydus Cadila, is one of India’s leading pharmaceutical companies. Headquartered in Ahmedabad, Gujarat, the company has a strong focus on research and development, with significant contributions to the development of novel drugs and vaccines.

Their commitment to innovation is evident in their wide range of healthcare products. It is one of the top pharma companies of India.

10. Caplin Point Laboratories Ltd.

Caplin Point Laboratories Ltd.

Caplin Point Laboratories is a Chennai-based pharmaceutical company that specializes in the production of a broad spectrum of pharmaceutical formulations, including sterile ophthalmic products.

Their dedication to quality and affordability has earned them recognition both in India and in global markets. It is one of the top pharma companies of India.

11. Cipla Limited

Cipla Limited

Cipla Limited, based in Mumbai, is a global pharmaceutical company that focuses on providing affordable and accessible healthcare solutions. The company has a robust presence in various therapeutic areas, including respiratory, anti-infectives, and central nervous system medications.

They are known for their commitment to innovation and manufacturing high-quality generic medicines, making them a trusted name in the pharmaceutical industry.

12. Dishman Carbogen Amcis Ltd.

Dishman Carbogen Amcis Ltd.

Dishman Carbogen Amcis is a specialty pharmaceutical company headquartered in Ahmedabad, Gujarat. They specialize in the development and manufacturing of high-value, niche APIs and pharmaceutical intermediates.

The company’s expertise lies in custom synthesis and process development, catering to the specific needs of the global pharmaceutical and biotechnology industries.

13. Divi’s Laboratories Limited

Divi’s Laboratories Limited

Divi’s Laboratories, based in Hyderabad, is a prominent player in the pharmaceutical and custom manufacturing industry. They are known for their focus on research and development, particularly in the area of active pharmaceutical ingredients (APIs).

Divi’s has a strong reputation for quality and reliability, making them a preferred partner for pharmaceutical companies worldwide. It is one of the top pharma companies of India.

14. Dr. Reddy’s Laboratories

Dr. Reddy’s Laboratories

Dr. Reddy’s Laboratories is one of India’s largest and most renowned pharmaceutical companies. Headquartered in Hyderabad, they have a global footprint and a diverse product portfolio covering a wide range of therapeutic categories, including generics, biosimilars, and proprietary products.

Dr. Reddy’s commitment to innovation and quality has earned them a prominent place in the global pharmaceutical market. It is one of the top pharma companies of India.

15. Eris Lifesciences Limited

Eris Lifesciences Limited

Eris Lifesciences is an Ahmedabad-based pharmaceutical company that specializes in chronic disease management. It is one of the top pharma companies of India.

They offer a wide range of therapeutic products for the treatment of conditions such as cardiovascular diseases, diabetes, and neurology. Eris is known for its strong focus on patient-centric solutions and the development of novel formulations.

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16. FDC Private Limited

FDC Private Limited

FDC Private Limited is a leading Indian pharmaceutical company with a legacy of over 85 years. FDC’s commitment to quality and compliance has made them a trusted name in the pharmaceutical industry.

Based in Mumbai, they have a diverse portfolio of pharmaceutical formulations, including antibiotics, antifungals, and gastro-intestinal drugs. It is one of the top pharma companies of India.

17. Gland Pharma Limited

Gland Pharma Limited

Gland Pharma Limited, headquartered in Hyderabad, is a prominent player in the field of injectables. They specialize in manufacturing and marketing sterile injectable pharmaceutical products, including generic and biosimilar products.

Gland Pharma’s commitment to quality and innovation has made them a preferred partner for leading pharmaceutical companies worldwide. It is one of the top pharma companies of India.

18. GlaxoSmithKline Pharmaceuticals Ltd.

GlaxoSmithKline Pharmaceuticals Ltd.

GlaxoSmithKline Pharmaceuticals is the Indian subsidiary of the global healthcare company GlaxoSmithKline. With a rich history and a strong presence in India, they focus on a range of therapeutic areas, including respiratory, anti-infectives, and vaccines.

Their commitment to research and development has led to the introduction of innovative healthcare solutions in the Indian market. It is one of the top pharma companies of India.

19. Glenmark Pharmaceuticals Limited

Glenmark Pharmaceuticals Limited

Glenmark Pharmaceuticals, headquartered in Mumbai, is a research-driven pharmaceutical company with a strong global presence. It is one of the top pharma companies of India.

They focus on a wide array of therapeutic areas, including dermatology, respiratory, and oncology. Glenmark is known for its dedication to innovation, evidenced by its numerous patents and groundbreaking research.

20. Granules India Limited

Granules India Limited

Granules India Limited is a Hyderabad-based pharmaceutical company specializing in the manufacturing of active pharmaceutical ingredients (APIs) and pharmaceutical formulations.

They have a strong presence in the global pharmaceutical market and are recognized for their commitment to quality and cost-effective production methods.

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21. Gufic Biosciences Limited

Gufic Biosciences Limited

Gufic Biosciences is a leading pharmaceutical company headquartered in Mumbai. They focus on the research, development, and marketing of a wide range of pharmaceuticals, including anti-infectives, pain management medications, and herbal products.

Gufic is known for its commitment to quality and its efforts to bring innovative healthcare solutions to the market. It is one of the top pharma companies of India.

22. Hester Biosciences Limited

Hester Biosciences Limited

Hester Biosciences is a pioneer in the field of animal healthcare and veterinary products. Headquartered in Ahmedabad, Gujarat, they produce vaccines and pharmaceuticals for animals, contributing significantly to the livestock and poultry industries.

Their dedication to animal health has a profound impact on food safety and agricultural sustainability. It is one of the top pharma companies of India.

23. Hikal Limited

Hikal Limited is a custom research and manufacturing company specializing in active ingredients and intermediates for pharmaceuticals, agrochemicals, and specialty chemicals.

Based in Mumbai, Hikal’s expertise in chemistry and process development has made them a trusted partner for industries requiring high-value chemical solutions.

24. Indoco Remedies Limited

Indoco Remedies Limited

Indoco Remedies is a pharmaceutical company with a strong focus on research and development. Based in Goa, they have a diverse portfolio covering various therapeutic segments, including anti-infectives, dermatology, and cardiovascular drugs.

Indoco is known for its commitment to quality and compliance, making them a respected name in the industry. It is one of the top pharma companies of India.

25. IOL Chemicals and Pharmaceuticals Ltd.

IOL Chemicals and Pharmaceuticals, headquartered in Ludhiana, Punjab, is a leading manufacturer of APIs and bulk drugs. It is one of the top pharma companies of India.

They have a strong presence in both domestic and international markets, supplying essential pharmaceutical ingredients for a wide range of therapeutic applications.

26. Ipca Laboratories Limited

Ipca Laboratories is a prominent pharmaceutical company headquartered in Mumbai. They focus on the production of high-quality APIs, formulations, and specialty pharmaceuticals.

Ipca has a global footprint and a reputation for innovation, especially in areas such as anti-malarials and anti-infectives. It is one of the top pharma companies of India.

27. JB Chemicals and Pharmaceuticals Ltd.

JB Chemicals and Pharmaceuticals, based in Mumbai, is known for its commitment to healthcare solutions. They offer a diverse range of pharmaceuticals, including cardiovascular, anti-diabetic, and anti-infective medications.

JB Chemicals’ dedication to quality and affordability has made them a preferred choice for patients and healthcare professionals. It is one of the top pharma companies of India.

28. Jubilant Pharmova Limited

Jubilant Pharmova Limited

Jubilant Pharmova is a global pharmaceutical company with a presence in various therapeutic areas, including specialty pharmaceuticals, life sciences, and drug discovery solutions.

Headquartered in Noida, Uttar Pradesh, Jubilant’s commitment to research and development has led to several innovative healthcare products and services. It is one of the top pharma companies of India.

29. Laurus Labs Limited

Laurus Labs Limited

Laurus Labs, based in Hyderabad, is a research-driven pharmaceutical company specializing in APIs, generics, and custom synthesis. It is one of the top pharma companies of India.

They have a strong presence in the global pharmaceutical market, supplying high-quality pharmaceutical ingredients to major healthcare companies worldwide.

30. Lupin Limited

Lupin Limited

Lupin Limited is one of India’s largest pharmaceutical companies with a global footprint. Headquartered in Mumbai, they have a diverse portfolio spanning therapeutic areas such as cardiovascular, respiratory, and central nervous system drugs.

Lupin is recognized for its commitment to research and development, leading to a wide range of innovative healthcare solutions. It is one of the top pharma companies of India.

31. Marksans Pharma Limited

Marksans Pharma Limited

Marksans Pharma, headquartered in Mumbai, is a global pharmaceutical company with a diverse product portfolio covering various therapeutic segments, including anti-infectives, central nervous system drugs, and cardiovascular medications.

The company is known for its commitment to research and development, ensuring the production of high-quality pharmaceuticals for the global market. It is one of the top pharma companies of India.

32. Morepen Laboratories Limited

Morepen Laboratories Limited

Morepen Laboratories, based in Himachal Pradesh, specializes in the manufacturing of APIs, bulk drugs, and over-the-counter (OTC) products. It is one of the top pharma companies of India.

They are recognized for their dedication to quality and cost-effective production methods, making their pharmaceuticals accessible to a wide range of consumers.

33. Natco Pharma Limited

Natco Pharma Limited

Natco Pharma, headquartered in Hyderabad, is a leading player in the Indian pharmaceutical industry. They focus on the development and manufacturing of high-quality APIs, formulations.

And specialty pharmaceuticals. Natco has earned a reputation for its commitment to affordability and patient-centric solutions. It is one of the top pharma companies of India.

34. Neuland Laboratories Limited

Neuland Laboratories Limited

Neuland Laboratories is a Hyderabad-based pharmaceutical company specializing in the manufacturing of APIs and advanced intermediates.

They serve diverse industries, including pharmaceuticals, agrochemicals, and specialty chemicals. Neuland is recognized for its innovative chemical synthesis and process development capabilities.

35. Novartis India Limited

Novartis India Limited

Novartis India is the Indian subsidiary of the global healthcare company Novartis. Headquartered in Mumbai, they have a strong presence in the pharmaceutical and healthcare sectors.

Novartis India’s focus includes innovative therapies, generic medicines, and a commitment to improving access to healthcare for patients in India. It is one of the top pharma companies of India.

36. Orchid Pharma Limited

Orchid Pharma Limited

Orchid Pharma, headquartered in Chennai, is a pharmaceutical company with a strong focus on anti-infectives and critical care segments. It is one of the top pharma companies of India.

They have a robust portfolio of antibiotics and critical care drugs, contributing to the treatment of serious infections and life-threatening conditions.

37. Panacea Biotec Limited

Panacea Biotec Limited

Panacea Biotec, based in New Delhi, is a biotechnology company that specializes in the development and manufacturing of vaccines, biosimilars, and pharmaceutical formulations.

They are dedicated to addressing unmet medical needs and improving public health through their innovative healthcare solutions. It is one of the top pharma companies of India.

38. Pfizer Limited

Pfizer Limited

Pfizer Limited, a subsidiary of the global pharmaceutical giant Pfizer Inc., is a well-established pharmaceutical company in India. They have a diverse portfolio of pharmaceuticals, including vaccines, cardiovascular medications, and specialty drugs.

Pfizer’s commitment to research and development has led to the introduction of innovative healthcare products in the Indian market. It is one of the top pharma companies of India.

39. Procter & Gamble Health Ltd.

Procter & Gamble Health Ltd.

Procter & Gamble Health, formerly known as Merck Limited, is a leading player in the Indian pharmaceutical and healthcare industry. They focus on a wide range of therapeutic areas, including women’s health, gastro-intestinal, and respiratory medicines.

Procter & Gamble Health is recognized for its commitment to improving the well-being of patients through innovative healthcare solutions. It is one of the top pharma companies of India.

40. Sanofi India Limited

Sanofi India Limited

Sanofi India, a subsidiary of the global pharmaceutical company Sanofi, has a strong presence in the Indian pharmaceutical market. The company plays a crucial role in improving healthcare outcomes for patients in India.

Headquartered in Mumbai, they are known for their dedication to research and development, with a focus on therapeutic areas such as diabetes, vaccines, and rare diseases.

41. Sequent Scientific Limited

Sequent Scientific Limited

Sequent Scientific, headquartered in Mumbai, is a global pharmaceutical company with a focus on animal health. It is one of the top pharma companies of India.

They specialize in manufacturing veterinary pharmaceuticals, active pharmaceutical ingredients (APIs), and analytical services. Sequent Scientific’s commitment to animal health is reflected in its diverse portfolio of veterinary medicines.

42. Shilpa Medicare Limited

Shilpa Medicare Limited

Shilpa Medicare, based in Bangalore, is a pharmaceutical company that emphasizes research and development in the fields of oncology, metabolic disorders, and anti-infectives.

They are known for their innovative and cost-effective pharmaceutical formulations, making critical healthcare accessible to patients. It is one of the top pharma companies of India.

43. Solara Active Pharma Sciences Ltd.

Solara Active Pharma Sciences Ltd.

Solara Active Pharma Sciences, headquartered in Chennai, is a pharmaceutical company that focuses on API development and manufacturing. It is one of the top pharma companies of India.

They have a global presence and are recognized for their commitment to quality and compliance in the production of pharmaceutical ingredients.

44. Strides Pharma Science Limited

Strides Pharma Science Limited

Strides Pharma Science, based in Bangalore, is a global pharmaceutical company with a diverse portfolio, including generic medicines, branded products, and over-the-counter (OTC) drugs.

It is one of the top pharma companies of India. Strides Pharma is known for its innovation in dosage forms, enabling better patient compliance and access to essential medications.

45. Sun Pharmaceutical Industries Ltd.

Sun Pharmaceutical Industries Ltd.

Sun Pharmaceutical Industries, headquartered in Mumbai, is one of India’s largest and most influential pharmaceutical companies. They have a global presence and a broad product portfolio spanning various therapeutic areas, including dermatology, cardiology, and neurology.

Sun Pharma is renowned for its commitment to research and development, driving innovation in healthcare. It is one of the top pharma companies of India.

46. Suven Pharmaceuticals Limited

Suven Pharmaceuticals Limited

Suven Pharmaceuticals, based in Hyderabad, is a research-driven pharmaceutical company that focuses on drug discovery and development for central nervous system disorders and other therapeutic areas.

They are known for their pioneering work in novel drug candidates, contributing to the advancement of neuroscience and mental health treatment. It is one of the top pharma companies of India.

47. Torrent Pharmaceuticals Ltd.

Torrent Pharmaceuticals Ltd. - top pharma companies of India

Torrent Pharmaceuticals, headquartered in Ahmedabad, is a prominent player in the Indian pharmaceutical industry. It is one of the top pharma companies of India.

They have a diversified product portfolio encompassing various therapeutic segments, including cardiovascular, gastro-intestinal, and anti-infective drugs. Torrent is known for its commitment to quality and its global presence.

48. Unichem Laboratories Limited

Unichem Laboratories Limited - top pharma companies of India

Unichem Laboratories, based in Mumbai, is a pharmaceutical company with a strong presence in both domestic and international markets. It is one of the top pharma companies of India.

They offer a wide range of pharmaceuticals, including cardiovascular, anti-infective, and central nervous system medications. Unichem is recognized for its research and development efforts, leading to innovative healthcare solutions.

49. Valiant Organics Limited

Valiant Organics Limited - top pharma companies of India

Valiant Organics, headquartered in Mumbai, is a pharmaceutical company specializing in the manufacturing of APIs and specialty chemicals. It is one of the top pharma companies of India.

They serve various industries, including pharmaceuticals, agrochemicals, and specialty chemicals, through their innovative and sustainable chemical solutions.

50. Wockhardt Limited

Wockhardt Limited - top pharma companies of India

Wockhardt Limited is a Mumbai-based pharmaceutical and biotechnology company with a global presence. They have a diversified portfolio covering therapeutic areas such as cardiovascular, anti-infective, and respiratory medicines.

Wockhardt’s commitment to research and development has led to numerous innovative healthcare products and formulations. It is one of the top pharma companies of India.

Conclusion

The pharmaceutical landscape in India is a testament to the nation’s commitment to healthcare and innovation. The top 50 pharmaceutical companies discussed in this exploration are exemplars of India’s prowess in the field, blending cutting-edge research, manufacturing excellence, and a dedication to improving global health.

As India continues to make strides in pharmaceuticals, these companies are poised to play an even more significant role on the world stage. Their impact on healthcare accessibility, drug development, and economic growth underscores the critical role they play not only in India but also in the global pharmaceutical ecosystem. The future holds exciting possibilities for these companies, and their continued growth promises to further elevate India’s status as a pharmaceutical powerhouse.

CEO & Editor
I'm Ved Prakash, Founder & Editor @Newsblare Media, specialised in Business and Finance niches who writes content for reputed publication such as Investing.com, Stockhouse.com, Motley Fool Singapore, etc. I'm the contributor of different... news sites that have widened my views on the current happenings in the world.

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