India has evolved as one of the fastest-growing pharmaceutical markets globally. The sector has witnessed exponential growth that has nearly doubled over that last 15 years. Today, the total turnover of the Indian pharmaceutical sector is estimated at US$ 33 billion. Of this, around 20% of revenue comes from its worldwide exports alone. In 2019, the export revenue was USD19.14 billion. Among the top destinations that India exports to feature the United States, Russia, Germany and Austria. According to the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, the pharma turnover in India was recorded at Rs.1, 29,015 Cr in 2018 and is expected to grow at a rate of 9.4% year-on-year. Here’s a list of the ‘Top 10 Pharma Companies in India’.
A multinational pharmaceutical company, Lupin Ltd, features on our list of top 10 pharmaceutical companies in India. It has emerged as the 12th largest pharma company with respect to its market capitalization. The company is a leading supplier of medicines for oncology, cardiology, gastroenterology, anti-infective, anti-asthma and other therapies.
About Lupin and value of the company
Founder: Desh Bandhu Gupta
CEO: Vinita D. Gupta
Market Cap: Rs. 31,696.19 Cr
Address: DDA Complex, 202, Agarwal Plaza, Prashant Vihar, Sector 14, Rohini, Delhi, 110085
- Abbott India Ltd and company expertise in the field of medicine
Abbott India Ltd is a body of the Abbott laboratories in America. It is a leading provider of medical devices and health care products. A public listed company, Abbott India Ltd boasts about its hg-quality medicines to treat multiple therapeutic categories that include gastroenterology, women’s care, cardiology, metabolic disorders and primary care
Founder: Dr. Wallace Calvin Abbott
Current MD: Venu Ambati
Market Cap: Rs. 32,957.77 Cr.
Address: Abbott India Limited & Abbott Healthcare Pvt Ltd. 3 Corporate Park. Sion-Trombay Road. Chembur. Mumbai 400 071
One of the top 10 pharma companies in India, Cipla Ltd manufactures medicines to treat vivid medical conditions including cardiovascular disease, respiratory diseases, arthritis, diabetes, weight control and depression.
Founder and Chairman: Yusuf Khwaja Hamied
Market: Rs.35,071.15 Rs. Cr.
Address: Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai-400013.
Aurobindo Pharma Ltd is a leading pharmaceutical company in India headquartered in Hyderabad was founded in 1986. The company manufactures generic medicines and active pharma ingredients. The medicines developed by the company address anti-allergic, gastroenterology, antiretrovirals, antibiotics, central nervous system and cardiology conditions.
Founder and Owner: K. Nityananda Reddy and P.V. Ramaprasad Reddy
Market Cap: Rs. 35,235.42 Rs. Cr.
Address: Water Mark Building, Hyderabad – 500084 Telangana.
Website: www. aurobindo.com
A top ten pharma company in India, Piramal Pharma Solutions offer integrated solutions in the area of drug discovery and development, commercial manufacturing of drugs. It has its development and manufacturing sites across multiple countries with over 700 scientists dedicated to R&D programs.
Founder (Piramal Enterprises): Ajay Piramal
CEO: Vivek Sharma
Market Cap: Rs. 36,117.71 Cr.
Address: Piramal Realty 8th floor, Piramal Tower, Ganpatrao Kadam Marg, Lower Parel – West Mumbai – 400 013.
Founded in 1978, Biocon Ltd is an Indian pharma company that manufactures active pharmaceutical ingredients. The company supplies its medicinal ingredients to over 120 countries worldwide. The company is a leading global player for APIs for statins, biosimilars, immunosuppressants and other speciality molecules, catering to customers across 120 countries worldwide.
Founder: Kiran Mazumdar-Shaw
CEO: Arun Suresh Chandavarkar
Market Cap: Rs.37,680.00 Cr.
Address: 20th KM, Hosur Road, Electronic City, Bangalore – 560 100.
A flagship company of the Torrent Group, Torrent Pharmaceuticals Ltd was earlier known as the Trinity Laboratories Ltd. With its commitment towards lifecare and not healthcare, the company is involved in high-quality R&D capabilities, world-class manufacturing amenities across India and 40 countries overseas. Joining the fight against coronavirus pandemic, the company has contributed 100Cr to the PM Fund.
Founder: Uttambhai Nathalal Mehta
Owner: Sudhir Mehta and Samir Mehta
Market Cap: Rs. 37,874.40 Cr.
Address: Torrent House, Off. Ashram Road, Ahmedabad – 380009, Gujarat, India
Rated as one of the top pharmaceutical companies in India 2020, Dr. Reddy’s Laboratories Ltd manufactures and supplies a wide range of medicines in India and overseas. The company is committed to providing affordable drugs to treat an array of medical conditions.
Founder & Owner: Kallam Anji Reddy
Market Cap: Rs. 54,223.62 Cr.
Address: 8-2-337, Road No. 3, Banjara Hills, Hyderabad Telangana-500034
An integrated global healthcare company, Zydus Cadila Healthcare Ltd was founded in 1952 and features as one of the top 10 pharma companies in India. With its state-of-the-art manufacturing capabilities, the company manufactures APIs, vaccines, animal health care products, biosimilars and other complex pharmaceutical products.
Founder: Ramanbhai Patel
Current Owner: Pankaj Patel
Market Cap: Rs. 36,159.61 Cr.
Address: “Zydus Tower”. Satellite Cross Roads,. Ahmedabad 380 015,
One of the top 10 pharma companies in India, Sun Pharmaceutical Industries Ltd, headquartered in Mumbai. Established in 1983, the company manufactures and supplies pharma formulations and active pharmaceutical ingredients across the country and primarily to the US. As a growing pharma company, Sun Pharma has been committed to research and innovation of various drugs.
Founder & Owner: Dilip Shanghvi
Market Cap: Rs. 97,110.68 Cr.
Address: Sun House, CTS No. 201 B/1, Western Express Highway, Goregaon (E), Mumbai 400063.