Pharmaceutical companies have shown significant growth in the healthcare sector. With the judicious use of innovation and research, these companies have improved the healthcare sector in India. Here are the names of the top 10 pharma companies in India that have changed the scenario of India and have made easy access for the people to good healthcare not only in India but on a global level as well.
Pharma companies are those that study the diseases that exist in the world, research them, and invent new drugs or medicines to cure them. There are several diseases that people suffer from; these companies testify and get patents for the medicines they produce. Pharmaceutical companies in India are bound to follow a lot of rules and regulations that are set by the government. In this article, you’ll learn about the top 10 pharma companies by market cap.
1. Sun Pharmaceutical Industries Ltd
Dilip Shanghvi established Sun Pharmaceutical Industries Ltd., an Indian multinational pharma company, in 1983. This company sells manufactured active pharmaceutical formulas across 100-plus countries. It marks itself as the largest company in India and the fourth largest across the globe. Dilip Sanghvi founded this company in 1983 in Gujarat.
2. Cipla
Khwaja Abdul Hamied established another one of the most trusted pharmaceutical companies in 1935. Cipla stands for Chemical Industrial and Pharmaceutical Laboratories. The company is well-known for selling generic medications to cure various diseases and problems. It tops the list for supplying antiretroviral drugs. It has established itself in the global market and comes under the top 10 pharmaceutical companies.
3. Dr. Reddy’s Laboratories
Dr. Kallam Anji Reddy founded Dr. Reddy’s Pharmaceutical Company in 1984. This company manufactures generic medicines, active pharmaceutical ingredients for the manufacturers of biotechnology goods, and more in India as well as other countries. Kallam Anji Reddy founded the company, which is based in Hyderabad. It manufactures a wide range of products in India and other countries. Initially, the company supplied it to Indian drug manufacturers but later exported it to other markets that offered easier drug licensing approval, such as the U.S. Food and Drug Administration.
4. Divi’s Laboratories
Divi’s Laboratories is an Indian as well as a multinational company that supplies active pharmaceutical ingredients across India and other countries in the world. The company has its headquarters in Hyderabad. Market analysts rank it as the fourth-largest Indian company by market capitalization. Murali K. Divi established Divi’s Laboratories in 1990.
5. Aurobindo Pharmaceuticals
Aurobindo Pharma Limited is an Indian multinational pharmaceutical company that manufactures generic pharmaceuticals and active pharmaceutical ingredients. It ships to over 125 countries. International markets generate its major source of revenue. The partners in marketing for Aurobindo Pharmaceuticals are AstraZeneca and Pfizer.
6. Abbott India
Abbott India is one of the biggest international pharmaceutical companies established in India. The company is well-known and trusted for manufacturing pharmaceuticals and providing therapies in several areas, such as women’s health, anti-infectives, urology, and many more. It produces more than 300 generic drugs and ships them across the globe. People most trust it as it provides top-notch quality to its consumers.
7. Lupin Limited
Lupin Limited is a Mumbai-based company that has not only established itself in India but in international markets as well. The company was founded by Desh Bandhu Gupta in 1968. It qualifies in focusing areas like pediatrics, anti-tuberculosis, asthma, diabetology and more. It was also known as the largest TB drug manufacturer in the world.
8. Torrent Pharmaceuticals
Torrent Pharmaceuticals deals with over 40 countries in the world and has over 2000 products that are registered globally. It is an Indian multinational pharmaceutical company, and its headquarters are situated in Ahmedabad. The goods it produces are available at quite affordable prices. It has its own manufacturing and research facilities all over India. It is ranked in several therapeutic categories, such as gynecology, diabetology, cancer, women’s health, and more.
9. Zydus Cadila Healthcare
Zydus Lifesciences Limited, previously known as Cadila Healthcare Limited, was founded by Rmanbhai Patel and Indravadan Modi in 1952. It is an Indian multinational company and marks itself in the list of the top 10 pharmaceutical companies in India. Zydus is a manufacturer of skincare products, herbal OTC, diagnostic and more. It has over 30 manufacturing facilities all over the world, including Brazil, India, and the USA.
10. East African India Overseas
East African India Overseas is called the Best Pharmaceutical Company in India as it is the leading producer of high-quality healthcare products that tackle a wide range of problems related to health. It exports its products to countries including Afghanistan, Benin, Cambodia, Georgia, Kenya, Kazakhstan, Kyrgyzstan and more.
Conclusion
The pharmaceutical companies in India have grown incredibly in the past few years. These companies have provided better healthcare facilities to the country. People suffering from severe diseases have been cured because of them. Indian pharmaceutical companies have not only established their name in India but have also represented India on a global platform. The top 10 pharmaceutical companies in India have established their names on a global level because of their innovation, focus, and research. India has placed itself on the list of the best healthcare facilities in the world; it does not top the list but has marked its place. If such focus and innovation are kept up, then it will soon be at the top.
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