Indian Pharmaceuticals Industry is the world's third largest in terms of its volume and fourteenth in terms of its value. Indian Pharmaceuticals Industry Turnover is 20 billion US dollar per year approximately.
In 2015 the Indian Pharmaceuticals market increased at a CAGR of 12.79 percent from US $ 6 billion in 2005, The Indian Pharmaceutical industry that has been growing at the rate of 15% has put forward significant opportunities in the field. Has been successfully ranked as the sixth largest market at global terms, it is expected to grow to US$55 billion by 2020. India's Cost of Production is slightly less than US and half of Europe. Lower Production cost giving India Pharma a competitive edge over others.
Sun Pharma 1.72 Lac Crore
Lupin ltd 82, 836 crore
Dr. Ready 58, 016 crore
Cipla 51, 338 Crore
Aurobindo Pharma 49.473 Crore
India is largest exporter of generic drugs, exporting 20 % of global export in terms of volume. India got a good pool of skilled workforce including Scientist, Engineer & Logistics.
With the time Pharma franchise in India has witnessed a vigorous growth. In spite of the economic downturn, the growth of the franchising industry in India has maintained a positive slope. There are different reasons for the increase in the franchising industry. There are different sectors for which the foreign companies are looking to get a franchise in India as it has enhanced the limits of business opportunities. There are different reasons for which different companies are looking for a franchise in India like:
Large Market Size : As we all know India is a land of opportunities because of its overall Market size. Foreign investors are keen to establish business in India specially in PCD Pharma.
Availability of Skilled Human Resources : Easy availability of skilled workforce has attracted lots of companies to establish a full fledged setup.
Cheap Resources: India is land, full of assets and one can extract utmost utilization of the resources to the maximum possible extent. We have a lower cost labor, Power, transportation.
Use of technology: Even though the country is counted as one of the developing countries, it has got all the latest equipment's and accessories for a sustained growth.
Relaxation of policies: To get up a pharma franchise in India, you don't have to go through all the conditions. Instead you can look for the people who are ready to undertake your franchise and also take the responsibility of doing all the paper works.
Huge consumer base: The presence of a large consumer base has always stabilized the demand and supply chain which soothes the production process.
Increase in Export: India is largest exporter of generic drugs, Cheap resources making India Investors favorite destination for medicines. Increased Export helping Indian Manufacturers to focus on quality as PCD Pharma Companies playing a role of big brother for manufacturers.
In 2015 the Indian Pharmaceuticals market increased at a CAGR of 12.79 percent from US $ 6 billion in 2005, The Indian Pharmaceutical industry that has been growing at the rate of 15% has put forward significant opportunities in the field. Has been successfully ranked as the sixth largest market at global terms, it is expected to grow to US$55 billion by 2020. India's Cost of Production is slightly less than US and half of Europe. Lower Production cost giving India Pharma a competitive edge over others.
India's Top Five Companies in terms of Market Cap:
Sun Pharma 1.72 Lac Crore
Lupin ltd 82, 836 crore
Dr. Ready 58, 016 crore
Cipla 51, 338 Crore
Aurobindo Pharma 49.473 Crore
India is largest exporter of generic drugs, exporting 20 % of global export in terms of volume. India got a good pool of skilled workforce including Scientist, Engineer & Logistics.
Large Market Size : As we all know India is a land of opportunities because of its overall Market size. Foreign investors are keen to establish business in India specially in PCD Pharma.
Availability of Skilled Human Resources : Easy availability of skilled workforce has attracted lots of companies to establish a full fledged setup.
Cheap Resources: India is land, full of assets and one can extract utmost utilization of the resources to the maximum possible extent. We have a lower cost labor, Power, transportation.
Use of technology: Even though the country is counted as one of the developing countries, it has got all the latest equipment's and accessories for a sustained growth.
Relaxation of policies: To get up a pharma franchise in India, you don't have to go through all the conditions. Instead you can look for the people who are ready to undertake your franchise and also take the responsibility of doing all the paper works.
Huge consumer base: The presence of a large consumer base has always stabilized the demand and supply chain which soothes the production process.
Increase in Export: India is largest exporter of generic drugs, Cheap resources making India Investors favorite destination for medicines. Increased Export helping Indian Manufacturers to focus on quality as PCD Pharma Companies playing a role of big brother for manufacturers.