Top 10 Pharma Companies in India
Introduction: India holds a significant position in the global pharmaceutical industry, ranking as the third-largest supplier of generic medicines worldwide. With a market share of 20% and 3.5% of total pharmaceutical exports by volume, India’s pharmaceutical sector is thriving. The domestic pharmaceutical market is projected to exceed US$65 billion by 2024, showcasing its robust growth. In 2021, India played a crucial role in global healthcare by supplying medicines and COVID-19 vaccines to 71 countries.
- Sun Pharmaceutical Industries Ltd:
- Founder: Dilip Shanghvi
- Revenue: ₹334.73 billion (2020)
- Net Income: ₹37.65 billion (2020)
- Employees: 36,000 (2020)
Sun Pharmaceutical Industries, founded in 1983, is headquartered in Mumbai, Maharashtra. As the largest pharmaceutical company in India and the fourth-largest globally, Sun Pharma specializes in chronic and acute therapies, including API, ARVs, OTC, and generic drugs.
- Dr. Reddy’s Laboratories Ltd:
- Founder: Kallam Anji Reddy
- Revenue: ₹17,460 crore (2020)
- Net Income: ₹19,540 crores (2020)
- Employees: 21,650
Established in 1984 and based in Hyderabad, Dr. Reddy’s Laboratories focuses on active pharmaceutical formulation, generic drugs, and APIs. Their collaboration with the Russian Direct Investment Fund for Sputnik V vaccine production showcases their commitment to addressing global health challenges.
- Divi’s Laboratories Limited:
- Founder: Murali Devi
- Revenue: ₹5,585.05 crore (2020)
- Net Income: ₹1,376.54 crores (2020)
- Employees: 13,884
A pharmaceutical multinational founded in 1990, Divi’s Laboratories is known for manufacturing API, intermediates, and nutraceutical ingredients. It is the second most valuable pharma company in India by market capitalization.
- Cipla:
- Founder: Khwaja Abdul Hamied
- Revenue: ₹17,476.19 crore (2020)
- Net Income: ₹1,546.98 crores (2020)
- Employees: 22,036
Founded in 1935, Cipla is a global leader in providing generic medicines, particularly antiretroviral drugs. With a presence in 80 countries and 34 manufacturing units, Cipla maintains the highest standards of quality.
- Aurobindo Pharma:
- Founders: V. Ramprasad Reddy and K. Nityanana Reddy
- Revenue: ₹23,290 crores (2020)
- Net Income: ₹2,844 crores (2020)
- Employees: 23,000
Aurobindo Pharma, headquartered in Hyderabad, specializes in generic pharmaceuticals and APIs. With a global presence in 125 countries, the company has witnessed significant demand for its high-quality products.
- Torrent Pharmaceuticals:
- Founder: Uttambhai Nathalal Mehta
- Revenue: ₹ 8,060 crore (2020)
- Net Income: ₹1,024 crores (2020)
- Employees: 12,881
A leading pharmaceutical company owned by the Torrent Group, Torrent Pharmaceuticals is recognized for its therapeutic areas, including cardiovascular, gastrointestinal, central nervous system, and oncology.
- Lupin Limited:
- Founder: Desh Bandhu Gupta
- Revenue: ₹ 158,585 million (2020)
- Net Income: -₹2,693 million (2020)
- Employees: 18,302
Lupin, the largest producer of anti-tuberculosis drugs, operates in diverse therapeutic areas. Founded in 1968, Lupin has a global presence with manufacturing units in India, Mexico, Brazil, the United States, and Japan.
- Zydus Cadila Healthcare:
- Founder: Ramanbhai Patel
- Revenue: ₹ 15,139 crore (2021)
- Net Income: ₹2,133 crores (2021)
- Employees: 25,000
Zydus Cadila, established in 1952, is the oldest pharmaceutical company in India. Known for its diverse product range, including pharmaceuticals, diagnostics
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Abbott India Top 10 Pharma Companies in India Founder: Dr. Wallace Calvin Abbott Revenue: ₹ 1,094.54 crore (as of 2021) Net income: ₹152.47 crores (as of 2021) No. of employees: 14,000 Abbott India is the largest and oldest multinational pharma company in India. It is the subsidiary of Abbott Laboratories of the United States. It was found in 1944 and headquartered in Mumbai, Maharashtra. The company produces pharmaceutical drugs and offer therapeutics comprises neurology, women’s health, gastroenterology, anti-infective, diabetology, urology, thyroid, vitamin, etc. They manufacture 400 branded generic pharmaceuticals worldwide. They provide high-quality and reliable products.10.Alkem laboratories Top 10 Pharma Companies in India Founder: Samprada Singh Revenue: ₹84,485 crore (as of 2020) Net income: ₹11,270 crores (as of 2020) No. of employees: 14,331 Alkem Laboratories is an Indian pharma multinational firm that markets high-quality generic pharmaceuticals, APIs, and nutraceuticals in India and over 50 countries over the world. The company has 21 manufacturing countries, including 19 in India and 2 in the USA. It was founded in 1793, and headquartered in Mumbai, Maharashtra. It is the first anti-infective drugs provider pharmaceutical company in India that crosses 1,000 million sales in India. Rewrite This article as human with good on page SEO Make It Plag Free
