Pharmaceutical sector is a swiftly growing industry in the country and India stand among the top 5 pharmaceutical markets in the world. For the past few years, the awareness regarding health and hygiene has increased, which has led to increase in the sale of pharmaceutical products in India.
The total revenue generated by pharmaceutical companies in India in the last financial year was more than $20 Billion, which is expected to cross the mark of $26 Billion by 2017. The pharmaceutical sector of India ranks third worldwide in terms of volume.
Pharmaceutical companies produces drugs and vaccines for various domains like cardiology, nephrology, neurology, diabetology, etc. This post describes about the Top 10 Pharma Companies in India 2017.
10. Torrent Pharma
The company operates in more than 50 countries and has been ranked as tenth in the list of Top 10 Pharma Companies in India 2017. It owns nearly 7 fully owned subsidiaries. The company is one of the dominant player in therapeutic, gynaecology and paediatric segments.
Market Capitalization: Rs 22,742 Crore
Headquartered in Mumbai, GlaxoSmithKline Pharmaceuticals Limited was established in the year 1924 and stand among the oldest pharmaceutical companies in India. GSK India offer products for various therapeutic areas, which are Dermatology, Cardiology, Respiratory etc.
Market Capitalization: Rs 23,010 Crore
Winner of Best Pharma Company in Emerging Markets Award, Glenmark Pharmaceuticals is placed at eighth in the list of Top 10 Pharma Companies in India 2017. Glenmark came into existence in the year 1977 and presently operates in more than 90 countries across the globe.
Market Capitalization: 25,302 Crore
7. Piramal Entreprises
The company’s total income was accounted as of March 2016 was 4,056 crores. It has headquarters situated in Mumbai. The company also forays its presence in financial services and information management sectors.
Market Capitalization: Rs 30,975 Crore
6. Cadila Pharmaceuticals Limited
Cadila Pharmaceuticals Limited with a market capitalization of Rs 31,631 Crore is next on this list. Headquartered in Ahmedabad, Cadila Pharmaceuticals Limited was established in the year 1951 and presently operates in over 80 countries in the world.
Cardiology, Respiratory, Gastroenterology and Neurology are some of the therapeutic areas, of which the company offer products. The company has a large production capacity with a production capacity of more than 3,500 Million Tables and over 120 Million Capsules per year.
Market Capitalization: Rs 31,631 Crore
5. Aurobindo Pharma Limited
Aurobindo Pharma Limited is ranked fifth in the list of Top 10 Pharma Companies in India 2017. Incorporated in the year 1986, Aurobindo Pharma Limited started operations in India in 1988-99 with the establishment of the first manufacturing unit in Pondicherry.
Aurobindo is a big pharmaceutical company with 6 manufacturing units in India and operations in more than 120 countries in the world. Neurology, Nephrology, Cardiology and Gastroenterology are some of the therapeutic areas, of which the company provide products.
Market Capitalization: Rs 41,283 Crore
Headquartered in Mumbai, Cipla is a swiftly growing pharma company and employ more than 20,000 people.
Cipla produces more than 2,000 products and owns more than 30 manufacturing plants in different parts of the country. Some of the areas, of which Cipla offer products include Cardiology, Neurology, Nephrology and Diabetology.
Market Capitalization: Rs 47,319 Crore
3. Dr. Reddy’s Laboratories
With a market capitalization of Rs 49,293 Crore, Dr. Reddy’s Laboratories is the next pharmaceutical company in this list. Founded in the year 1984, Dr. Reddy’s Laboratories within a few decades has emerged as a leading pharmaceutical company in India.
The company produces more than 200 pharmaceutical products and operates in more than 20 countries across the globe. Dermatology, Cardiology, Gastroenterology and Pediatrics are some of the therapeutic areas, of which the company offers pharmaceutical products.
Market Capitalization: Rs 49,293 Crore
Lupin is another leading pharmaceutical company and stand at second in the list of Top 10 Pharma Companies in India 2017. Incorporated in the year 1968, Lupin is one of the fastest growing and best pharmaceutical companies in India.
The company produces more than 5,500 pharmaceutical products of premier quality. Some of the therapeutic areas, of which the company offer products are Neurology, Cardiology, Diabetology and Orthopedics.
Market Capitalization: Rs 68,031 Crore
1. Sun Pharmaceutical Industries Ltd.
Among all pharmaceutical companies in India, Sun Pharmaceutical Industries Limited is the leader. Established in the year 1983 by Dilip Shanghvi, Sun Pharmaceuticals operates in more than 150 countries across the world.
In the year 2014, Sun Pharmaceuticals acquired Ranbaxy Laboratories Limited and became the largest pharmaceutical company in India and the fifth largest pharmaceutical company in the world.
Sun Pharmaceuticals has manufacturing units in many countries, that include India, USA, South Africa, Canada, Ireland, Malaysia and Mexico. It also has Research and Development (R&D) centres in India, USA, Israel and Canada.
The company offers various quality pharmaceutical products for different domains and some of the area are Diabetology, Neurology, Cardiology, Gastroenterology and Orthopedics
Market Capitalization: Rs 1,55,716 Crore