Best Pharma Companies in India:-India ranks at number 2 in terms of the highest population and number 1 in terms of the highest density of population.
As per the last census conducted in 2011, the population of India was found to be more than 121 crores.
Due to the large population density in India, Health has always been a big issue in this country. In view of all this, there is much need for some big pharma companies in India.
The Indian pharmaceutical market is set to make a growth of 15% on an annual basis.
This growth is anticipated since, Pharmaceutical plants, approved by FDA in India are the second most abundant in number.
Our major cities have most of the pharma companies in India like Hyderabad, Bangalore, Mumbai, Ahmedabad, and Visakhapatnam.
Reading this article, You will come to know about the top 10 pharmaceutical companies in India.
I have listed the 10 Best pharma companies in India on the basis of their revenue, sales, and market cap.
Best Pharma Companies in India
1. Bayer
One of the Best Pharma Companies in India that has a successful history of more than 150 years. The company serves two different sections.
Basically, the brand is known for manufacturing the best quality medicines. Apart from this, they have been contributing enough to the agriculture sector.
Pesticides and fertilizer products are some of their commonly sought items. The company has been ranked at the number 1 position for a consecutive period of 10 years. This company is one of the Best Pharma companies in Mumbai.
The company has its headquarters in Leverkusen, Germany. Incorporated in 1863 and Friedrich Bayer a German pharmaceutical was the founder of the company.
Bayer’s first and best-known product was aspirin which is a medicine to cure fever or inflammation and reduce body pain.
Some of the main products introduced by the company are as follows:-
- Heroin:-Was used as anesthetics medicine. And later, it was discovered that it has many disadvantages. As a result, the product was declared illegal and got completely banned.
- Cipro:- This antibiotic medicine is used to treat a number of bacterial infections.
- Kogenate:- Used in Curing Abnormal bleeding
- Xarelto:- It is an anticoagulant medication used to treat and prevent blood clots.
- Betaseron:-This medication is used to treat multiple sclerosis (MS)
| Type | Public |
| Founded | 1863 |
| Headquarters: | Leverkusen, Germany |
| CEO: | Werner Baumann |
| Revenue: | 3,958.6 crores EUR (2018) |
| Subsidiaries: | Monsanto, Bayer CropScience AG |
2. Biocon Ltd
Biocon Limited holds the second position in the list of 10 Best Pharma Companies in India. The company is an Indian pharmaceutical company based in Bangalore, India.
Its current chairman, Ms Kiran Mazumdar-Shaw is the founder of the company. The company was founded in 1978 as a joint venture with Biocon Biochemicals Ltd., an Irish company.
Its products include biosimilar insulins and antibodies which are sold all over India as branded formulations.
There are many branches of the company and the company is exporting its pharmaceutical ingredients to 120 foreign countries.
The first product made by this company is papain, an enzyme found in papaya which is used to prevent beer from turning vague.
Holds the dignity of being the first company in India to manufacture and export enzymes to the USA and Europe.
Moreover, The company also becomes the first Indian company to launch a biosimilar Insulin Glargine pen in Japan.
| Type | Public |
| Founded | 1978 |
| CEO: | Arun Suresh Chandavarkar |
| Founder: | Kiran Mazumdar-Shaw |
| Headquarters: | Bengaluru |
| Subsidiaries: | Syngene International Limited, Biocon Academy |
Check:- Top 10 Best Hospitals in India
3. Aurobindo Pharma
Another common name in this list of the top 10 Best Pharma Companies in India is Aurobindo Pharma Ltd. The company is among the best pharma companies in Hyderabad, India.
It is an Indian pharmaceutical company headquartered in Hyderabad, India. Founded by PV Ramprasad Reddy Mr K Nityananda Reddy and a small group of highly committed professionals.
The company manufactures antibiotics, antiretrovirals, gastroenterological, and cardiovascular products, to name a few.
It is among the top two companies in terms of earnings and strength. This company became famous in 1992 and list its shares on the Indian stock exchanges in 1995.
It started operations in 1988 with the synthesis of semi-synthetic penicillin at Pondicherry. It ships its products in over 125 countries across the globe.
Its area of activity includes the following therapeutic areas:-
- Antibiotic central nervous system products
- Anti-allergic and Anti Retroviral
- Semi-Synthetic Penicillin’s
- Gastroenterol Logical
- Cardiovascular (CVS)
- Anti-diabetics
| Type | Public |
| Founded | 1986 |
| Headquarters: | Hyderabad |
| Revenue: | 13,650 crores INR (2017, US$2.0 billion) |
| Subsidiaries: | Aurobindo Pharma USA, Inc. |
| Founders: | P. V. Ramprasad Reddy, K. Nityananda Reddy |
| Number of employees | 19000+ |
4. Dr. Reddy’s Labs
Dr. Reddy’s Labs is one of the most popular and Best Pharma Companies in India. It is a multinational company serving in the pharma industry since 1984.
Founded by Anji Reddy and a small group of highly committed professionals. Anji Reddy has worked as a mentor in the Indian Drugs and Pharmaceuticals Limited of Hyderabad, India.
The company supplies its product in India as well as in foreign countries. The head office of the company is in Hyderabad, Telangana. It caters to medication and the API market for various ailments.
The company offers various pharmaceutical products and services with the main focus on oncology, gastrointestinal, cardiovascular, anti-infective, pain management, and pediatrics.
Dr. Reddy’s Lab is a multinational company with offices in the USA, Russia, Germany, the UK, Venezuela, S. Africa, Romania, and New Zealand.
5. Glenmark
Glenmark Pharmaceuticals Ltd is a Mumbai-based multinational pharmaceutical company. The company started its operation in the year 1977.
The company is a leading manufacturer of generic medicines as well as both NCEs (new chemical entities) and NBEs (new biological entities).
Globally the company has major markets in Europe, Russia, the USA, and Latin America.
6. Glaxo-Smith-Kline
GlaxoSmithKline Healthcare Ltd is a British multinational pharmaceutical and public limited company. The company is headquartered in Brentford, London.
It was founded in 2000 by the merger of Glaxo Wellcome and SmithKline Beecham. The company has its listing on the London stock exchange.
In India, it is headquartered in Mumbai. The company manufactures medicines, vaccines, food/drink supplements, and a host of other healthcare products.
The company developed the first vaccine for Malaria which got approval in 2015 known as RTS, S and its brand name is Mosquirix.
The company manufactures products for major disease areas such as asthma, cancer, infections, diabetes, and mental health.
The product produced by the company includes amoxicillin, Pyrimethamine, mercaptopurine, and Zidovudine. GSK had offices in about 115 countries and employed over 99000 people.
| Type | Public limited company |
| Founded | December 2000; 19 years ago |
| Founder | Joseph Nathan |
| Headquarters | Brentford, United Kingdom |
| CEO | Emma Walmsley (CEO) |
| Revenue | GB£33.754 billion |
| Number of employees | 99,437 |
7. Cipla
It is a Pub Lmt company that has its listings on both BSE and NSE. Cipla Limited is a Mumbai-based multinational pharmaceutical company.
The company was started by Dr Khwaja Abdul Hamied in 1935 with the name Chemical, Industrial & Pharmaceutical Laboratories Ltd., and later renamed Cipla Ltd. in 1984. It is the world’s largest manufacturer of antiretroviral drugs (for treating HIV/AIDS).
It also makes medication for various diseases as well as offers a host of commodities like foods, beverages, and personal care products.
Cipla Ltd based in Mumbai India is one of the best multinational pharma companies offering APIs and primary medicines, covering ailments like diabetes, obesity, cardiovascular diseases, etc.
It has 34 manufacturing units in 8 locations across India and a global presence in around 80 countries.
In recent years, the company has sealed an acquisition deal worth US$550 million, for two US companies Exelan Pharmaceuticals Inc and InvaGen Pharmaceuticals Inc. Cipla is one of the best Pharma companies in India.
8. Sun Pharma
Sun Pharmaceutical Industries Ltd. is a multinational pharmaceutical company headquartered in Mumbai, Maharashtra. It was established in the year 1983 in Vapi, Gujarat by Dilip Shanghvi.
Sun Pharma manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients (APIs) primarily in India and the U.S.
The company offers formulations for cardiovascular diseases, psychiatry, neurology, gastroenterology, and diabetology. It also provides APIs such as warfarin, and carbamazepine as well as anti-cancers, steroids, etc.
9. Serum Institute
Serum Institute of India serves the area of manufacturing immunobiological drugs and vaccines which strengthen our immune system to fight diseases.
Currently, this company is engaged in making the vaccine for COVID-19. The company has its head office in Pune, India. The Founder of this project was Cyrus Poonawalla who founded this company in 1966.
The organization is the world’s largest vaccine producer and has cured a large number of people with its vaccines.
Some main vaccine developed by the company are as follow:-
- Fast-acting anti-rabies agent,
- Rabies Human Monoclonal Antibody (R MAb), also known as rabishield.
Its ongoing project includes the development of the following vaccines:-
- COVID-19 vaccine
- Intra-nasal swine flu vaccine
| Revenue: | 59.5 crores USD (2015) |
| Headquarters | Pune |
| Founder: | Cyrus S. Poonawalla |
| Founded: | 1966 |
| Parent organization: | Poonawalla Investments & Industries Pvt. Ltd. |
| Subsidiaries: | Bilthoven Biologicals BV, Praha Vaccines a.s. |
10. Calibar Pharma
Calibar Pharmaceutical company is one of the fastest emerging companies in India. The company is headquartered in Surat, Gujarat, and was established in 1999.
All its medical products are available at an affordable rate. Thus, the company does not follow the path of getting a huge profit by charging more to the consumer.
Its wide range of products in therapeutic areas are as follows: –
- Anti-biotics
- Anti-malarial
- Anti-inflammatory
- Gynaec and nutritional
- Anti-ulcer and Anti-emetic
All the products of this company are made with the exact composition of a chemical mixture. The evidence of this fact can be clear as the company follows the international standards of quality control like WHO-CMP, USM-PSA, and USA-PSA.
| Type | Pvt limited company |
| Founded | 1999 |
| Headquarters | Surat, Gujarat |
| CEO | Bhikhalal Goyani |
| Founder | Amulak Kheni |
11. Amol Pharmaceutical
Amol Pharmaceuticals Pvt Ltd is a pharmaceutical company based in Jaipur, Rajasthan. The company is approximately 24 years old and was founded on 12 February 1996. It is one of the Best Pharma Companies in India. The founder of this company is Ashok Luhadia.
He started a US Pharma Lab with six employees and now employs over 600 employees all over the globe including countries like the United States, India, and China.
FDA and NSF-certified cGMP facilities allow the company to produce high-quality supplements to meet the requirement of people in need.
Their ingredient list includes various botanicals, vitamins, minerals, and amino acids. These ingredients are fully optimized for finished product use.
All these ingredients are made available to the customer in different forms, for instance, chewable, and oral-dissolving tablets, in addition to capsules and soft gels.
| Headquarters | Jaipur, Rajasthan |
| Founder: | Ashok Luhadia |
| Founded: | 12 February 1996 |
12. Aristo Pharma
Moving on with the list of 10 Best Pharma Companies in India, the next name is Aristo Pharma Ltd. Right since its inception, the company has been growing consistently in this pharma industry.
Mahendra Prasad, a politician from Janata Dal (United) party is the owner of Aristo Pharma. He also owns one more pharmaceutical company, named Mapra Laboratories Pvt Ltd.
Aristo Pharmaceuticals Private Limited is a Pvt Lmt company, Founded on 08 Nov 1971. There are 40 subsidiary companies under the Aristo Pharmaceuticals Private Limited corporate family.
Constantly striving for accomplishing the goal of providing the best medical help to the consumer. The company provides you with most of tablets.
It has products from almost all types of branded pharma companies in India. In this way, the company provides the medicine of more than 100 brands of pharmaceutic medicine.
| Headquarters: | Mumbai |
| Founded | 1971 |
| Revenue: | 500 cr |
| Type: | Private |
| Founders: | Mahendra Prasad |
13. Lupin
This Mumbai-based top pharma company was founded by Dr. Desh Bandhu Gupta, in the year 1968.
He was a professor of chemistry at BITS-Pilani, Rajasthan. He died in June 2017 and was consequently replaced as chairman by his wife, Manju Deshbandhu Gupta. Lupin Pharmaceuticals, Inc. is a subsidiary of Lupin Limited, U.S.A.
It is a leading global player in Anti-TB, Cephalosporins (anti-infectives), and anti-diabetic & Cardiovascular drugs (ACE inhibitors and cholesterol-reducing agents) as well as anti-inflammatory and respiratory therapy.
The company leads second in the drugs market with its products ranging from cardiovascular drugs to Anti-TB and Cephalosporins. The head office of the company is based in Mumbai, Maharashtra, India.
Lupin Pharma has sealed an acquisition deal worth US$880 million, with US-based firms namely Novel Laboratories Inc and Gavis Pharmaceutical LLC. The company is one of the Best Pharma Companies in India.
14. Techfab Pharma
Adding another company to the list of Best Pharma Companies in India is Techfab International Pvt Ltd. If you are looking for the best pharma company in Faridabad then Techfab International Pvt Ltd is the answer to your search.
The Head office of the company is situated in Faridabad and was founded in the year 1984. The Company provides total healthcare solutions ranging from diagnosing a problem and treating illnesses effectively.
Moreover, the company provides proper training to help medical personnel understand the correct usage of the equipment. Techfab International has long-term collaborations with globally renowned manufacturers which help in delivering better quality service.
Major products manufactured and produced by the companies are of the following Categories:-
- Blood Bank Equipment and Consumables, Blood Bag Systems
- Blood Management and Cold Chain Equipment
- Cleaning and Disinfection Management
- Diagnostics and Analysis
- Electro Medical Treatment Systems
- Intensive Care
- Operation Theatre Equipment and Furniture incl. Anesthesia and Ventilation
- Medical and Surgical Disposables
- Medical Imaging and Diagnostics
- Neonatal and Pediatric Critical Care Equipment
| Type | Pvt limited company |
| Founded | 1993 |
| Headquarters | Faridabad, Haryana |
| CEO | Jai Prakash Sharma |
15. MITS Pharma
Another leading company in the list of 10 Best Pharma Companies in India is MITS HEALTHCARE PVT LTD.
One of the famous companies enrolled in the manufacturing and trading of a wide range of pharmaceutical tablets, capsules, injections, and syrup. This company is among the best pharma companies in Chandigarh.
The company was incorporated in 1999 by Jaimin Suthar. It is listed on Trade India’s list of verified sellers to supply products all over the world.
All of its products are available at affordable prices. The company offers one of the best quality trypsin, chymotrypsin, and diclofenac potassium tablets.
The company has a presence in many overseas countries such as Vietnam, Sri Lanka, and Myanmar. The number of employees employed by the company is more than 7000 in numbers.
| Headquarters: | Panchkula, Haryana |
| Founded: | 1999 |
| Type: | Private |
| Founders: | Jaimin Suthar |
16. Divi’s Laboratories
Divi’s Laboratories Ltd. is an Indian-based pharmaceutical company that is engaged in the manufacture of active ingredients and other speciality chemicals.
The company commenced its operation in 1990 and is headquartered in Hyderabad, India.
17. Cadila Pharmaceuticals
Cadila Pharmaceuticals Limited is one of the largest Indian-based multinational companies established in 1951 by Ramanbhai Patel and Indravadan Modi.
It is headquartered in Ahmedabad, India. The company manufactures a large number of pharmaceuticals as well as skincare and herbal products.
18. Ranbaxy
Ranbaxy Laboratories Ltd. is an Indian multinational pharmaceutical company founded by Ranbir Singh and Gurbax Singh in 1937. It is headquartered in Haryana, India.
Japanese pharmaceutical company Daiichi Sankyo and India-based Sun Pharmaceuticals acquired shares in Ranbaxy, making the partnership the world’s fifth-largest generic pharma company.
The company has a global presence in 46 countries with major markets in Europe, the United States, India, Russia, and South Africa.
Conclusion
This was the list of the top 10 pharma companies in India. Suggest some more pharmaceutical companies that can be added to this list.
Write down the company whose product you are using and share your experience with the audience.
Please let me know if we have missed any deserving pharma companies in India on this list. We are happy to add them.
This list of top pharma companies is just for reference. We do not claim that the list is 100% error-free.
We do not rank them and these pharma companies stand out best pharma companies in India. These are some of the top-performing pharma companies in India. The data changes and hence the list might change anytime.
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