India would be the world's top pharma companies in India. The Indian pharmaceutical industry supplies more than half of the increase in the consumption of vaccines, 40% of pharmaceutical needs in the United States, and 25% of all pharmaceuticals in the United Kingdom.
India would be the globe's one of the largest manufacturers of medications by capacity and the fourteenth-largest fabricator by value. A system of 3,000 medicinal businesses and 10,500 industrial units makes up the national pharmaceutical sector.
In addition, the country boasts a vast pool of researchers and technologists that can propel the sector forward to new heights.
Indian pharmaceutical companies currently supply over 80% of the therapeutic interventions needed to fight AIDS (Immunodeficiency Syndrome) throughout the world.
In value and volume, generic medications from major pharmaceutical corporations contribute to 20% of worldwide exports, making the country the world's largest supplier of prescription medications.
By 2023, the Indian pharmaceutical industry is predicted to be valued at 33.18 billion dollars, placing it ninth in the world.
We've compiled a list of several of the greatest pharmaceutical businesses in India that produce world-class pharmaceuticals and dominate the Indian pharmaceutical companies.
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List Of Top Pharma Companies In India
1. Sun Pharmaceutical Industries
In 2020, Sun Drug Manufacturers had sales of $4.7 billion. It is India's largest multinational medical corporation.
Sun Pharmaceuticals was founded in 1983. The business began selling items to treat psychological conditions.
In addition to medicinal compositions, the firm now provides gastrointestinal and diabetology treatments.
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No of employees: 36000+ Employees
Founder/Chairman of the company: Mr. Dilip Shanghvi, who had been the MD of Sun Pharmaceutical, created it.
Current CEO of each company: Mr. Dilip Shanghvi
Head office location: SUN HOUSE, CTS No. 201 B/1,Western Express Highway, Goregaon (E), Mumbai 400063, Maharashtra, India.
Sales growth: Net sales / Income from operations at Rs. 2852 crores, a growth of 33% over same quarter last year.
Promoter holding: 54.48%
Revenue: $4.7 billion
Market Capitalization: Sun Pharmaceuticals does have a market capitalization of $27.94 billion as of May 2022.
2. Divi's Laboratories
Divi's Laboratories located in Hyderabad, India, is an Indian global biopharmaceutical firm.
Divi's Laboratories first opened its doors in 1990. Pharmaceutical active substances (APIs) and intermediates are manufactured by Divi's Laboratory Ltd.
This Indian pharmaceutical firm specializes in the development of renowned pharmaceutical chemicals, nutraceutical components, bespoke API production, and compounds for worldwide innovators.
Divi's Research labs have been one of the world's major API firms, with $780 million in sales expected in 2020 and exports to over 95 countries.
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- No of employees: Divis Laboratories has 16,818 employees.
- Founder/Chairman of the company: Divi Murali, Chairman and Managing Director, Divis Laboratories
- Current CEO of each company: Dr. Divi
- Head office location: 1-72/23(P)/DIVIS/303, Divi Towers, Cyber Hills, Gachibowli, Hyderabad, Telangana, India – 500 032.
- Sales growth: Growth in quarter ended Mar 2022 is 1.01% vs 25.45%
- Promoter holding: 51.94%
- Revenue: Rs 8,960 crore
- Market Capitalization: The market capitalization of Divis Labs is Rs 93,304.24 crore.
3. Dr. Reddy's Laboratories
Anji Reddy created Dr. Reddy's Laboratories in 1984. It is a global pharmaceutical firm based in India.
It is well-known in India and abroad for producing a variety of medications.
Over 190 drugs, 60 active pharmaceutical components for drug producers, laboratory kits, critical care, and innovative items are among their offerings.
It is Asia's fifth-largest pharmacy business, with a billion us Dollars 2.4 expected in 2020.
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- No of employees: 22,739
- Founder/Chairman of the company: Kallam Anji Reddy & Kallam Satish Reddy
- Current CEO of each company: Erez Israeli
- Head office location: Hyderabad; Telangana, India; Princeton, New Jersey, U.S.
- Sales growth: Revenue from India was ₹ 28.9 billion, or a growth of 11% compared to FY2019.
- Promoter holding: 26.72%
- Revenue: ₹17,460 crore
- Market Capitalization: Dr. Reddy's stock has a market capitalization of Rs 73,069.27 crore.
4. Cipla Limited
Cipla would be an Indian multinational biomedical and pharmaceutical corporation founded in 1935 by Khwaja Abdul Hamied and currently based.
Cipla's Non-Executive Chairman is Yusuf Hamied. In terms of overall sales, it would be India's top 5 pharma companies in India.
This Indian pharmaceutical business focuses on developing drugs for respiratory, cardiology, arthritis, hypertension, weight loss, depression, and other conditions.
Cipla expects to generate $2.5 billion in revenue in 2020 and employs more than 22,036 people.
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No of employees: More than 22,036 people
Founder/Chairman of the company: Khwaja Abdul Hamied, Yusuf Hamied
Current CEO of each company: Umang Vohra
Head office location: Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai-400013.
Sales growth: Growth-revenue growth of 0.3%, and a PAT decline of 0.5%.
Promoter holding: 36.11% to 33.63% in March
Revenue: 17476.19 core
Market Capitalization: Cipla's stock has a market capitalization of Rs 77,966.47 crore.
5. Aurobindo Pharma
In 1986, Aurobindo Pharma Ltd. was incorporated. It offers over 300 items in over 125 countries, and APIS is its most profitable area, accounting for 35 percent of total sales.
It would be India's second-largest pharmaceutical business, with a value of Us$3.3 billion expected in 2020.
Aurobindo Pharma Limited manufactures and sells medications in the fields of neurology, cardiovascular medicines, immune suppressants, anti-diabetics, gastroenterologists, cephalosporins, and certain other areas.
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No of employees: 23,000
Founder/Chairman of the company: V. Ramprasad Reddy, K. Nityananda Reddy
Current CEO of each company: Arvind Vasudeva
Head office location: Hyderabad, Telangana
Sales growth: Growth in quarter ended Mar 2022 is -3.21%
Promoter holding: 51.83%
Revenue: ₹23,290 crore
Market Capitalization: The market capitalization of Aurobindo Pharma is Rs 31,037.17 crore.
6. Emcure Pharmaceuticals
Emcure Pharmaceuticals would be a Pune-based firm started by Satish Ramanlal Mehta in 1983.
The total revenue is $870.25 million (FY21). Emcure Pharmaceuticals was founded to meet the world's massive healthcare requirements.
Emcure Pharmaceuticals began as a single production plant in Pune and has grown steadily over the years to include a diverse variety of world-class assembly plants in API, pharmaceuticals, and bioinformatics.
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No of employees: 5,700
Founder/Chairman of the company: Satish Ramanlal Mehta, Mr. Berjis Desai
Current CEO of each company: Mr. Satish Mehta
Head office location: Hinjewadi, Pune, India
Sales growth: 20%
Promoter holding: 41.92%
Exporting to which companies: na
Revenue: $870.25 million
Market Capitalization: Market capitalization: 29.24 crores
7. Biocon Limited
Biocon is India's most well-known pharmaceutical firm, having been founded in 1978.
Biocon Ltd is a pharmaceutical active medicines manufacturer. Bengaluru would be the headquarters of the firm.
Biocon Limited's products are available on a massive scale all over the world.
Biocon employs around 9000 employees and, as of FY20, the firm has assets under management of $824 million but instead sales of $659.31 million (INR 4,880 crores).
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No of employees: 9000
Founder/Chairman of the company: Kiran Mazumdar-Shaw
Current CEO of each company: Mr. Siddharth Mittal
Head office location: Bangalore, Karnataka, India
Sales growth: 48%
Promoter holding: 39.73%
Revenue: ₹8,396.70 crore
Market Capitalization: The market capitalization of Biocon is Rs 39,979.98 crore.
8. Lupin Limited
Lupin is a Mumbai-based top pharmaceutical companies in India. Desh Bandhu Gupta established Lupin in 1968.
It would be the 12th largest corporation in the world by market valuation and consequently one among the most well-known drug manufacturers.
In 2020, Lupin will generate $2.2 billion in revenue.
The firm manufactures and sells pharmaceuticals in a variety of areas, including paediatrics, cardiology, anti-infectives, diabetology, asthmatic, and anti-tuberculosis.
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No of employees: 231
Founder/Chairman of the company: Desh Bandhu Gupta
Current CEO of each company: Ms Vinita Gupta
Head office location: 3rd Floor, Kalpataru Inspire, off. Western Expressway Highway, Santacruz (East), Mumbai 400 055, India.
Sales growth: Growth in quarter ended Mar 2022 is -6.68%
Promoter holding: 46.5%
Revenue: $2.2 billion
Market Capitalization: Lupin's market capitalization is Rs 27,529.82 crore.
9. Torrent Pharma
Torrent would be one of India's leading pharmaceutical businesses. As of 2020, it may have an income of Us$1.1 billion and yet is situated in Ahmedabad.
Dahej, Pithampur, Gujarat, as well as Madhya Pradesh, are some of Torrent's production locations.
Torrent Pharma is a pharmaceutical company that specializes in the Central Nervous System, digestive pain treatment, digestive diabetology, and anti-infective sectors.
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No of employees: 10K to 50K
Founder/Chairman of the company: U. N. Mehta
Current CEO of each company: Samir Mehta
Head office location: Torrent House, Off. Ashram Road, Ahmedabad - 380009, Gujarat, India
Sales growth: 10.1%
Promoter holding: 71.25%
Revenue: Rs 8,000 crores
Market Capitalization: The market capitalization of Torrent Pharma is Rs 49,699.87 crore.
10. Zydus Cadila Healthcare
Cadila Healthcare Limited (Cadila) was established in 1952. Zydus Cadila is another name for it.
It's also a pharmaceutical firm based in Ahmedabad, India.
It has become top 10 pharma companies in India, with sales of US$2.1 billion by 2021. Ramabhai Patel created the company.
Cadila Healthcare Ltd would also be a maker of herbal, cosmetics, and other OTC goods, as well as providing superior diagnostics.
Based on a voluntary licensing arrangement with Gilead, the business also develops pharmaceuticals for hepatitis C therapy. Cadila manufactures API in three locations in India: Ankleshwar, Vadodara, and Patalganga.
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No of employees: 6,000
Founder/Chairman of the company: Ramabhai Patel
Current CEO of each company: Pankaj Ramanbhai Patel
Head office location: Zydus Corporate Park S No 536 Khoraj Sarkhej-Gandhinagar H/W Ahmedabad - India
Sales growth: Growth in quarter ended Mar 2022 is 5.71%
Promoter holding: More than 1%
Revenue: Rs 3,785 crore
Market Capitalization: Cadila Healthcare's share has a market capitalization of Rs 38,277.74 Cr.
11. Abbott India
Abbott was founded in 1944 as a division of Abbott Laboratories of the United States, which was founded in 1910 and has always been devoted to helping other people live better lives.
In FY20, revenue is expected to be $34.60 billion.
Abbott India produces a wide range of nutritional items, diagnostic instruments, labelled generic medications, insulin, vascular gadgets, and other products.
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No of employees: 3,642 total employees
Founder/Chairman of the company: Wallace Calvin Abbott, Munir Shaikh, Ambati Venu
Current CEO of each company: Mr. Vivek V Kamath
Head office location: 16th Floor Godrej BKC Plot C 68 G Block Bandra Kurla Complex Bandra (E Mumbai - India
Sales growth: 15.64%
Promoter holding: More than 1%
Revenue: $34.60 billion
Market Capitalization: Abbott India's stock has a market capitalization of Rs 38,118.17 crore.
12. Alkem Laboratories
Alkem Laboratories Ltd., based in Mumbai, is an Indian global biopharmaceutical company that manufactures and sells medical generic medications, formulations, and nutritional supplements in India and across the world.
In Q4 FY21, income was $292.49 million or 2192.2 crores.
As of August 2021, Alkem Laboratories had successfully established 21 production units, 19 of which are in Asia and two in the United States.
Alkem has a five-decade track record of success. In 2006, Alkem's Taxim became the first anti-infective medicine to reach the 1,000million-dollar milestone in domestic sales.
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- No of employees: 15,357
- Founder/Chairman of the company: Samprada Singh, Basudeo N Singh
- Current CEO of each company: Basudeo N Singh
- Head office location: Devashish Alkem House, Opposite HDFC Bank, Senapati Bapat Marg, Lower Parel-400013
- Sales growth: 38.1%
- Promoter holding: 57.13%
- Revenue: $292.49 million or 2192.2 crores
- Market Capitalization: Alkem Labs has a market capitalization of Rs 36,388.41 crore.
13. Intas Pharmaceuticals Limited
Intas Pharmaceuticals Limited, situated in Ahmedabad, was established in 1984 and is expected to generate $1.49 billion in sales by 2020.
It has 13 biosimilars on the market, notably Docetaxel and Paclitaxel.
This Indian pharmaceutical company's research and development department focus on chronic oncology (cancer), rheumatism, autoimmunity, nephrology, ophthalmologist, and plasma-derived product-based medicines.
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- No of employees: 8000+
- Founder/Chairman of the company: Hasmukh Chudgar
- Current CEO of each company: Nimish Chudga
- Head office location: Corporate House, Near Sola Bridge, S. G. Highway, Thaltej, Ahmedabad – 380054.
- Sales growth: 20.11 %
- Revenue: $1.49 billion
- Market Capitalization: The company's authorized capital is Rs 17391.67 lakhs, while its paid-up capital is Rs 11474.4 lakhs or 65.97638 percent.
14. Glenmark Pharma Limited
Gracias Saldanha started Glenmark Pharma Limited, a pharmaceutical firm based in Mumbai, India, in 1977.
This biopharmaceutical business specializes in drug development in the fields of dermatology, respiratory medicine, and cancer.
It is the ninth-largest pharmaceutical business, with $1.07 billion in revenue in 2021.
By cooperating with large pharmaceutical firms, the company also concentrated on novel biosimilar medications in the sectors of cancer, dermatitis, and respiratory disorders.
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- No of employees: 14,000
- Founder/Chairman of the company: Gracias Saldanha
- Current CEO of each company: Glenn Mario Saldanha
- Head office location: Glenmark Pharmaceuticals Limited, B/2, Mahalaxmi Chambers, 22, Bhulabhai Desai Road, Mumbai – 400 026.
- Sales growth: 13.9%
- Promoter holding: 46.65%
- Revenue: $1.07 billion
- Market Capitalization: The market capitalization of Glenmark Pharma is Rs 11,227.47 crore.
15. Mankind Pharma Limited
Mankind Pharmaceutical Limited is an Indian pharmaceutical firm with an office in New Delhi.
It was created in 1995 and assists in the development and marketing of a variety of medicines, namely Antibiotics, Antifungals, NSAIDs, Gastroenterology, Anthelmintic, Cardiovascular, Dermalogica, Premature Ejaculation, and a variety of others.
In 2020, the firm is expected to generate roughly $1 billion in sales, making it India's top 20 pharma companies in India
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- No of employees: 10,001+ employees
- Founder/Chairman of the company: Mr Ramesh Juneja,
- Current CEO of each company: Sheetal Arora
- Head office location: 208, Okhla Industrial Estate Phase 3 Rd, Okhla Phase III, Okhla Industrial Area, New Delhi, Delhi 110020, India
- Sales growth: 24.83%
- Promoter holding: 50.21%.
- Revenue: INR 500 cr
- Market Capitalization: The company's authorized capital is Rs 4100.0 lakhs, with a paid-up capital of Rs 4005.88 lakhs, or 97.7045 percent.
16. Innovexia Life Sciences Pvt. Ltd.
Innovexia Biological Sciences Pvt. Ltd. would be one of India's most successful pharmaceutical firms.
It is engaged in the making and marketing of antacid drugs, anti-allergic pills, capsules, and other similar products.
It is also renowned as a leading Pharma Franchise Company firm that continues to invest in and equip state-of-the-art equipment for high-quality pharmaceuticals.
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- No of employees: 2195
- Founder/Chairman of the company: Rohit Sharma, Sandeep Khajuria and Reecha Sharma.
- Current CEO of each company: Sandeep Khajuria
- Head office location: SCF - 495, 2nd Floor, Motor Market, Mani Majra, Chandigarh- 160017, Chandigarh, India
- Sales growth: 14.43 %
- Promoter holding: 43.02%
- Revenue: $14 Million
- Market Capitalization: It has a total paid-up capital of INR 5.00 lac and an authorized share capital of INR 50.00 lac.
17. Biophar Lifesciences Pvt. Ltd.
Biophar is a leading pharmaceutical company situated in Chandigarh that specializes in PCD Pharma Franchise and production.
The firm is some of the most dependable in India because of its high-quality and fairly priced formulas.
Biophar has been growing its customer base by reaching out to every area of the country and hiring additional distributors.
It is also the firm's ongoing effort that allows its business to spread to new areas and form new networks.
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- No of employees: 51-200
- Founder/Chairman of the company: Mr. GULSHAN RAWAT
- Current CEO of each company: Mr. GULSHAN RAWAT
- Head office location: PLOT NO. 34, RAIPUR KALAN, CHANDIGARH Chandigarh CH 160101
- Promoter holding: 34.50%
- Exporting to which companies:
- Revenue: Rs. 10 and Rs. 25 crores
- Market Capitalization: The company's authorized capital is Rs 35.0 lakhs, with a paid-up capital of Rs 34.5 lakhs, or 98.57143 percent.
18. Laurus Labs Ltd.
Laurus Labs, a renowned Indian pharmaceutical and biotech firm focused on research & innovation, is based in Hyderabad and it has production facilities in Hyderabad, Delhi, and Bangalore.
Active pharmaceutical ingredients, final dosing schedules, biosynthesis, and bioinformatics are the company's core areas of interest.
Laurus Labs is the market leader in genuine pharmaceutical formulations ('APIs'), as well as in select high-growth therapeutic areas such as antiretrovirals ('ARVs'), Herpes C, and Leukemia. $170.59 million in net revenue.
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No of employees: 1001-5000 employees
Founder/Chairman of the company: Dr. Satyanarayana Chava
Current CEO of each company: Dr. Satyanarayana Chava
Head office location: Serene Chambers, Road No 7, Banjarahills, Hyderabad 500034, Telangana, India
Sales growth: 70%
Promoter holding: 28.76%
Revenue: ₹202 crore
Market Capitalization: Laurus Labs has a market capitalization of Rs 30,390.36 crore.
19. Piramal Enterprises Limited
Piramal Enterprise Limited is a well-known medicinal company in India. Ajay Piramal bought it in the mid-1980s after it was created in 1984.
Healthcare, biological sciences, drug research, and healthcare are all part of the worldwide corporate conglomerate.
Pharma, emergency medicine, basic commodities, phytomedicine, and radiology are all part of the portfolio of the company.
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No of employees: 6,638
Founder/Chairman of the company: Mr. Ajay Piramal
Current CEO of each company: Peter DeYoung
Head office location: 7th Floor, Piramal Tower Annexe, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel-400013.
Sales growth: 11%
Promoter holding: 43.49%
Revenue: INR 12,809 C
Market Capitalization: Piramal Stock has a market capitalization of Rs 39,267.34 crore.
20. Alembic Pharmaceuticals
Alembic Pharmaceuticals was established in Vadodara, Gujarat, in 1907.
Pharmaceutical goods, pharmaceutical ingredients, and intermediates are manufactured by the firm, which has production sites in Gujarat's Panelav and Sikkim's Gangtok. $172.42 million in revenues.
lembic Pharmaceutical Works was founded in 1907 and began making medicine and alcohol at its Vadodara unit.
Alembic Therapeutics is one of India's most prominent pharmaceutical businesses, having been included in Forbes' 2016 list of "India's Super 50 Companies."
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No of employees: 6,471
Founder/Chairman of the company: Prof. T. K. Gajjar
Current CEO of each company: Chirayu Amin
Head office location: Vadodara, Gujarat, India
Sales growth: 31%
Promoter holding: 69.48% to 69.61%
Revenue: 3,131 crores INR
Market Capitalization: Alembic Pharma has a market capitalization of Rs 14,421.84 crore.
21. Astrazeneca Pharma India Ltd.
All AstraZeneca entities in India collaborate closely as one science-led pharmacological organization to facilitate the company's mission of providing patients with life-changing medications.
The firm was created in 1999 by the merging of the Swedish Astrazeneca AB with the British Zeneca Group, which was established by the 1993 demerger of Advanced Chemical Industries' pharmaceutical activities.
It has risen to become one of the nation's biggest pharmaceutical firms and has completed several business transactions since the amalgamation.
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No of employees: 6,638
Founder/Chairman of the company: Gagan Singh, Narayan K Seshadri
Current CEO of each company: Rajesh Marwaha
Head office location: Bengaluru, Karnataka
Sales growth: 41%
Promoter holding: 75.00%
Revenue: Rs 210.25 crore
Market Capitalization: It now has a market capitalization of Rs 6569.5 crore.
Conclusion
Outside of the United States, India boasts the biggest number of US-FDA approved pharma factories, with over 3,000 pharma businesses and a robust infrastructure of over 10,500 production facilities, as well as a highly qualified workforce.
Pharmaceutical production and distribution will be impacted by technological innovations and the latest developments such as robots, intelligent systems, 3D printing, targeted therapy, and patient design.
In 2022, India's top pharma companies in India was predicted to be worth US$42 billion. With a 20 percent share of total worldwide pharmaceutical shipments, India is the market leader in terms of generic medications by volume.
It may be the nation's biggest vaccine provider in terms of volume, responsible for more than half of all vaccines produced worldwide. Healthcare facilities and medications have become critical as a result of the COVID-19 epidemic.
India, the world's second-most populous country, has witnessed multiple cases of Covid-19, with the number of cases continuing to rise. India's pharmaceutical industry is also expanding and altering lives by providing essential facilities.
Frequently Asked Question
Q1. Which is the No 1 pharma company in India?
Sun Pharmaceutical Industries Company limited would be India's largest pharmaceutical firm by revenue.
Q2. What is the rank of Sun Pharma?
Sun Pharma would be India's No. 1 and biggest pharmaceutical firm, having a share of the market of over 8% in the local market.
Q3. Who are the top 10 pharmaceutical companies in India?
The following are the top ten pharmaceutical firms in India in 2022:
- Sun Pharmaceutical Industries
- Divi's Laboratories
- Dr. Reddy's Laboratories
- Cipla Limited
- Emcure Pharmaceuticals
- Biocon Limited
- Torrent Pharma
- Lupin Limited
- Cadila Healthcare Limited
- Aurobindo Pharma Limited
Q4. Which is the fastest growing pharma company in India?
Sun Pharma has developed from modest origins in 1983 to become one of the world's leading generic pharmaceutical enterprises.
Here are my best picks:
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