According to a report India Pharma market is about to touch USD $35 billion mark holds 9th rank globally. Many global leading companies and economies are investing in India because here the cost of production and expense on R&D is lesser than in other countries. Government of India’s ‘Pharma Vision 2020’ aims to make India a global leader in end to end drug manufacturing. Also, FDI has increased to 100% in this sector.
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Sun Pharmaceutical Industries Limited: The company established in 1983 is now the topmost pharma company in India. The revenue of the company in the financial year 2018, its revenue was INR 273.28 billion.
It is the second topmost pharma company and earned revenue of total INR 164.99 billion in the financial year. It was established in 1986.
The most respected name in the pharma industry, Cipla was incorporated in 1935. It was founded by Dr. K.A Hamid. It is a leading player in anti-malarial medicines with having a share of over 34%
It was founded in 1984. Intas has 14 formulation manufacturing facilities, out of which 7 are based in India and rest across the globe.
Established in 1968, Lupin is the third the biggest pharma giant. Its main business is active pharma ingredients (API) and formulation.
Established in 1984 and headquarters in Hyderabad. It is a leading company in India having more than 60 active pharma ingredients (API), manufacture diagnostic kits and various biotechnological products.
Cadila Healthcare was incorporated in the year 1952. It manufactures and provides various healthcare products & solutions ranging from API for drugs, animal healthcare products, and wellness products, etc.