Top 10 pharma companies in Mumbai: Mumbai, which has a population of around 20,961,000 people, is the most important center of the pharmaceutical sector in India. It is home to more than 400 pharmaceutical businesses. The city continues to experience a continuous increase in the demand for medical products and facilities.
About Mumbai
According to a recent survey, Mumbai has seen a significant increase in pharmaceutical products over the past three years. As a result, investing in this industry is thought to be a wise business move.
We have compiled a list of the Top 10 Pharma Companies in Mumbai from among the many businesses operating in the sector. Known as the nation’s financial and business center, this state contributes more than 6% of the GDP. It has been noted that the main drivers of the city’s expansion are the pharmaceutical and healthcare industries.
Therefore our developed List of Top 10 Pharma Companies in Mumbai if you are intending to invest in the pharma sector and you want to work with the top pharma brand in Mumbai that not only retains exceptional goodwill in both the industry and market but also provides superior quality pharma products.
The pharmaceutical companies in Mumbai that we have featured in this blog have significantly contributed to improving people’s health and quality of life, not just in Mumbai but all around the country. These businesses are graded according to a wide number of criteria, including services provided, medicine quality, and product selection.
Importance of the pharmaceutical sector in Mumbai's economy
There are a great number of pharmaceutical enterprises located in Mumbai, which is frequently referred to as the “Pharmaceutical Capital of India.” These firms make a substantial contribution to India’s pharmaceutical business, both in terms of exports and innovation.
As a result of their presence, Mumbai has become a significant player in the pharmaceutical business on a global scale.
Over three thousand pharmaceutical units have been established in the state of Maharashtra, and corporate headquarters have been established in and around the state, including in cities such as Mumbai, Aurangabad, Pune, and others.
With a number of Special Economic Zones (SEZs) that have been notified inside the state, the state has established itself as a leader in the manufacture of vaccines.
Growth rate of the pharmaceutical industry in India
With a compound annual growth rate (CAGR) of 9.43 percent over the course of the past nine years, the pharmaceutical industry in India has risen to the third spot in terms of volume output of pharmaceuticals.
IBEF forecasts that the industry will reach a total value of $65 billion by the year 2024 and around $130 billion by the year 2030.
The Indian Pharmaceutical industry is valued at around $50 billion and is expected to grow at a CAGR of 10.7% by 2030. The pharmaceutical market in India is expected to reach $65 billion by 2024, and $130 billion by 2030.
How Indian Pharmaceuticals Affect the World
The pharmaceutical sector in India has a significant and far-reaching impact on the lives of people all over the world. Beyond the confines of individual nations, it has made significant contributions to the advancement of healthcare accessibility, affordability, and innovation on a worldwide scale.
In order to effectively handle the difficulties that are faced by the global health community, India’s role as a dependable provider of healthcare solutions, vaccinations, and drugs is essential.
List of top 10 pharma companies in mumbai
Here is the list of top 10 pharma companies in Mumbai:
1. Alencure Biotech
2. Titan Laboratories India Private Ltd
3. Sun Pharma
4. Cipla
5. Rusan Pharma Ltd
6. Dortmund Laboratories Pvt Ltd
7. Apple Pharmaceuticals
8. Glaxo SmithKline Pharmaceuticals Ltd
9. Lupin
10. Ajanta Pharma Limited
1. Alencure Biotech
One of the most famous pharma company in Mumbai is Alencure Biotech. This company sells a broad variety of goods in several therapeutic areas, including pharmaceuticals, Ayurvedic, nutritional supplements, and cosmetics.
The Alencure Group is a highly regarded and internationally recognized healthcare company that provides a comprehensive selection of pharmaceutical and medical products.
Since their company’s inception in 2015, they have been able to overcome obstacles and achieve consistent growth thanks to the fact that they have a diverse team consisting of over 500 individuals hailing from ten different countries.
This company offers a wide variety of pharmaceutical items, including pills, dry syrup, and injectables, among other options. It is the mission of Alencure biotech Pvt. Ltd. to provide people all over the world with healthcare products that are of excellent quality and inexpensive. Both the WHO and the GMP have certified their production unit.
Company Details:
- Website: alencurebiotech.com
- Ratings: 4.3/5 stars
- GST Number: 02AAOCA4151F1Z2
- Founder: Mr. Abhiraj Sandhu
- Founded In: 2015
2. Titan Laboratories India Private Ltd
Titan Laboratories is a company that specializes in the production of a wide range of capsules, tablets, pellets, and granules, with the primary objective of developing innovative healthcare solutions. The products that they manufacture are sent to countries all around the world, including the United Kingdom, Australia, Korea, and Europe.
Dexlansoprazole Pellets, Galantamine Pellets, Duloxetine, Orlistat, and other medications are among the products that this company is known for exporting the most. The company is regarded as the one-stop provider of a wide range of specialized products and integrated services that are designed to fulfill the ever-evolving requirements and commercialization requirements of our clients.
Company Details:
- Website: titan-lab.com
- Ratings: 4.7/5 stars
- GST Number: 27AACCT0509Q1Z2
- Founder: Mr. Piyush Bhailal Shah and Mr. Deepak Bhailal Shah
- Founded In: 2004
3. Sun Pharma
In terms of generic pharmaceutical manufacturing, Sun Pharmaceutical Industries Limited is the sixth-biggest firm in the world and the largest pharmaceutical company in India.
More than one hundred nations throughout the world are served by our medicines, which are of superior quality and inexpensive prices. These medicines are trusted by both medical professionals and patients. They have 43 manufacturing locations worldwide.
Over one hundred nations around the world are served by the company’s production and distribution of pharmaceutical formulations and active pharmaceutical ingredients. On a recent occasion, Sun Pharmaceutical completed the acquisition of the Israeli company Libra Merger Ltd. in its entirety.
Company Details:
- Website: sunpharma.com
- Ratings: 4.1/5 stars
- GST Number: 24AADCS3124K1ZJ
- Founder: Dilip Shanghvi
- Founded In: 1983
4. Cipla
Cipla Limited is a popular pharma company in Mumbai. Cipla was established in 1935 by Khwaja Abdul Ahmeid and operates in two segments: Pharmaceuticals and New Ventures.
Cipla Limited specializes on the development of drugs for respiratory disorders, cardiovascular diseases, diabetes, depression, and other medical conditions.
Cipla’s main focus is on creating drugs for respiratory disease, cardiovascular disease, arthritis, diabetes, depression, and other medical disorders.
Company Details:
- Website: www.cipla.com
- Ratings: 3.9/5 stars
- GST Number: 18AAACC1450B1ZD
- Founder: Khwaja Abdul Hamied
- Founded In: 1935
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5. Rusan Pharma Ltd
In the list of the most prominent pharmaceutical company in Mumbai, Rusan Pharma is one of the most well-known names. Narcotics and psychiatric medications are the areas of expertise of this forward-thinking manufacturing company, which specializes in such products. Additionally, Rusan is the second largest seller of oral substitution therapy around the globe.
They are among the biggest providers of life-saving medications to numerous organizations, including Ministries of Health in numerous emerging countries, NACO, UNODC, UNOPS, and the Global Fund.
Company Details:
- Website: www.rusanpharma.com
- Ratings: 3.8/5 stars
- GST Number: 27AABCR3179H2Z7
- Founder: Mr. Navin Saxena
- Founded In: 1994
6. Dortmund Laboratories Pvt Ltd
In the year 1987, Dortmund Laboratories was formed for the purpose of creating generic formulations in the form of tablets, capsules, ointment, and liquid.
In the field of pharmaceutical formulations and healthcare goods, Dortmund has had a reputation for excellence for thirty years, with a particular focus on the production of products of worldwide quality.
It is supported by a highly experienced and qualified pharmaceutical staff that includes trained professionals in quality assurance, quality control, and certified production services.
With ISO, GMP, and WHO certifications, Dortmund Laboratories Pvt Ltd has fulfilled all of the necessary requirements. It is also possible to obtain pharmaceutical franchises and prospects for third-party manufacture through this company.
Company Details:
- Website: www.dortmundlabs.com
- Ratings: 3.5/5 stars
- GST Number: 27AAAFD8520A1Z0
- Founder: Vicky Ramesh Patil
- Founded In: 1987
7. Apple Pharmaceuticals
One of the most well-known manufacturers, exporters, wholesalers, traders, retailers, and service providers of a comprehensive assortment of pharmaceutical tablets, pharmaceutical capsules, mail-order pharmacy services, and other pharmaceutical products, “Apple Pharmaceuticals” was founded in the year 2015 and has since become one of the most successful companies in the industry.
At our robust and cutting-edge infrastructure unit, the items that are offered are prepared using only ingredients of the highest possible quality.
Tablets, soft gel capsules, capsules, injectables, syrups, topical gels, creams, oils, lotions, drops, sachets, and a wide variety of other pharmaceutical goods are among the broad spectrum of pharmaceutical items that are distributed by this pharmaceutical corporation.
Company Details:
- Website: www.applepharmaceuticals.com
- Ratings: 4.8/5 stars
- GST Number: 27AGUPM2690J1ZO
- Founder: S.R. Manoharan
- Founded In: 2015
8. Glaxo SmithKline Pharmaceuticals Ltd
GlaxoSmithKline Pharmaceuticals, also known as GSK, has more than a century of experience in the production and distribution of high-quality goods. The production of novel vaccines and medications for the treatment of specific diseases is one of their primary business activities.
Throughout the course of the last half-century, they have been able to effectively introduce a wide variety of cutting-edge medications and vaccines, which have been administered to millions of individuals all over the world.
Their popular products are Augmentin, T-bact, Ceftum, Neosporin, Physiogel & Calpol.
Company Details:
- Website: www.india-pharma.gsk.com
- Ratings: 4.4/5 stars
- GST Number: 27AAACG4414B2Z7
- Founder: Joseph Nathan
- Founded In: 1873
9. Lupin
There is widespread recognition that Lupin Limited is one of the major generic pharmaceutical firms in the world. It is also the fifth-largest pharmaceutical company in India in terms of revenue. Paediatrics, cardiovascular, anti-infectives, diabetology, asthma, and anti-tuberculosis drugs are some of the primary areas of concentration for Lupin.
Desh Bandhu Gupta, who was a professor of chemistry at BITS-Pilani in Rajasthan at the time, established Lupin in the first year of its existence in 1968. In order to get the business off the ground, Gupta first borrowed Rs. 5,000 from his wife.
The company was able to begin production at its manufacturing plant for the purpose of making folic acid and iron tablets for the mother and child health program provided by the Indian government. This was made possible by later funding from the Central Bank of India.
Since its foundation in 1968, Lupin has undergone a tremendous amount of expansion and growth. Today, Lupin has more than 20,000 members working in 11 countries across six continents. This capacity enables the company to provide secure and dependable delivery of medications to patients in more than 100 countries.
Company Details:
- Website: www.lupin.com
- Ratings: 4.1/5 stars
- GST Number: 27AAACL1069K2ZE
- Founder: Dr. Desh Bandhu Gupta
- Founded In: 1968
10. Ajanta Pharma Limited
Ajanta Pharma is a specialized pharmaceutical company that distributes high-quality pharmaceuticals to and from more than thirty nations throughout the world.
Ajanta Pharma is responsible for the operation of seven cutting-edge manufacturing plants in India. Out of these, six facilities are responsible for the production of final formulations, while one facility is responsible for the production of active pharmaceutical ingredients (APIs), mostly for its own consumption. Their top product includes Atorfit-D 20, Feburic 20, Aquasoft, Nepafalm, Olopat.
As part of their commitment to “Serve Health Care Needs Worldwide,” the company manufactures a wide variety of specialty products that are aimed at various therapeutic segments for the treatment of patients.
These products are tailored to each market in which they are present. They have an excellent understanding of the requirements of our customers and make use of cutting-edge technology in order to provide new solutions.
Company Details:
- Website: www.ajantapharma.com
- Ratings: 4.1/5 stars
- GST Number: 27AAACA5579P1Z1
- Founder: Mr. Mannalal Agrawal
- Founded In: 1973
Conclusion
You have the opportunity to work with some of the most successful pharmaceutical firms in Mumbai if you use our list of the top 10 Pharma Companies In Mumbai. Discovering a trustworthy pharmaceutical firm in Mumbai will make it possible for you to make investments in PCD Franchise chances and gain access to a choice of medicines that are both extremely effective and safe.
All of these businesses offer genuine business bargains in addition to pharmaceutical supplies that are guaranteed to be of high quality. Now we have reached the conclusion of this blog post. We sincerely hope that you found our blog to be enjoyable and that you have obtained the knowledge that you required from it.
If, on the other hand, you are serious about the growth and success of your business and you are interested in beginning your own business in Mumbai, then you should go with Novalab Healthcare, which is the most successful pharmaceutical company in Mumbai.
FAQs
Anti-infectives, cardiovascular pharmaceuticals, analgesics, gastrointestinal drugs, respiratory drugs, anti-diabetic drugs, and central nervous system drugs are the pharmaceutical items that are consumed the most frequently from customers.
With a compound annual growth rate (CAGR) of 9.43 percent over the course of the past nine years, the pharmaceutical industry in India has risen to the third spot in terms of volume output of pharmaceuticals. IBEF forecasts that the industry will reach a total value of $65 billion by the year 2024 and around $130 billion by the year 2030.
You can contact pharma companies in Mumbai by visiting their official websites and reaching out to their respective corporate offices or by attending industry events and conferences where these companies are likely to have a presence.
Yes, pharma companies in Mumbai are regulated by the Central Drugs Standard Control Organization (CDSCO) and the Food and Drug Administration (FDA) to ensure compliance with quality standards and regulations in the pharmaceutical industry.
