The pharmaceutical industry is the 13th largest in the world and growing continuously with the demand for more drugs. Currently valued at $50 billion, the industry is expected to become $65 billion by 2024 and $130 billion by 2030. Top pharma companies in India export drugs to over 200 countries, including the US, the UK, and Africa.
Here’re the Top-Performing Pharma Groups in India
1. East African (India) Overseas
Founded: 1980
The company offers 1000+ top-of-the-line healthcare products to meet the growing need for drugs. It does research and development on new drugs and manufactures clinically tested and approved pharmaceutical products for global supplies.
2. Sun Pharma
Founded: 1983
One of the top 10 pharma companies in India, Sun Pharma is a leader in chronic and acute therapeutics, including API (active pharmaceutical ingredients), ARVs (antiretroviral), and OTC (over-the-counter). It also sells generic drugs in India and the US. It is the fourth-largest generic pharmaceutical firm globally.
3. Cipla
Founded: 1935
One of the largest international pharmaceutical companies, Cipla sells generic medicines for chronic ailments, including diabetes, respiratory problems, and weight loss pills. Also, it is one of the top suppliers of antiretroviral drugs.
4. Dr. Reddy’s
Founded: 1984
Next on the list of pharmaceutical companies in India is Dr. Reddy’s, which is a leading name in generic drugs. Also, it has 60 active pharmaceutical ingredients (API) for pharmaceutical manufacturers. And it has over ten FDA plants to manufacture API.
5. Divi’s Laboratories
Founded: 1990
This pharmaceutical giant produces API, intermediates, and components for nutraceuticals. It is the second-largest firm in market capitalization in the country. Also, it is doing well in the international market. It ships drugs and other healthcare products to the US, Australia, South Africa, Japan, and the Philippines.
6. Aurobindo Pharmaceuticals
Founded: 1986
One of the best pharma companies in India, Aurobindo pharmaceuticals, runs generic operations in seven countries of Western Europe. But it has a presence in over 125 countries, including the US, where it owns a subsidiary. It is associated with API production and generic medicines.
7. Abbott India
Founded: 1944
Abbott is a leading name in the Indian pharmaceutical industry, as evident from its range of drugs. It has over 400 branded generic drugs to meet the growing demand for generic medicines. But it primarily works in women’s health, diabetology, thyroid, urology, anti-infectives, and gastrointestinal problems.
8. Lupin Limited
Founded: 1968
One of the top pharma companies in India, Lupin Limited, manufactures generic medicines, APIs, and biotechnology items. But its primary target is pediatric, cardiovascular, diabetes, and tuberculosis. It also supplies iron and folic acid tablets to be used as supplements. It has production facilities in multiple countries, including India and the US.
9. Torrent Pharmaceuticals
Founded: 1959
Torrent has its headquarters in Ahmedabad, but it has registration in over 40 countries across the globe. It is known for producing top-of-the-line products at a very affordable price. It has specialization in producing medicines for critical ailments, including diabetes and cancer. Also, it is one of the firms having multiple research and development plants in the country.
10. Zydus Cadila Healthcare
Founded: 1952
One of the top 10 pharma companies in India, Zydus is a leading manufacturer of herbal OTC and skincare goods. Today it has over 30 research and development plants across the globe, including India, US, and Brazil. Also, its products are available in the US, Europe, South Africa, and Latin America.
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