India is the third-largest supplier of generic medicines worldwide by volume and holds a market share of 20% and a 3.5% share of pharmaceutical exports. The domestic pharmaceutical market in India is currently estimated at 42 billion US dollars in 2021 and can rise to 65 billion US dollars by 2024.Drug and pharmaceutical exports are estimated at 24.44 billion US dollars in 2021 in India’s market. The past pandemic generated issues in health care centers and vaccines, which is why India supplied medicine and vaccines to many other countries in May 2021. COVID-19 vaccines have been supplied to 71 countries. In the mean time, Indian pharmaceutical companies export around 80% of the antiretroviral drugs that have been used worldwide to tackle AIDS (acquired immune deficiency syndrome).

 

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The 10 Pharma Companies in India in 2024:-

 

1. Sun Pharmaceutical Industries Ltd.

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Founder: Dilip Shanghvi

Revenue: ₹334.73 billion (as of 2020)

Net income: ₹37.65 billion (as of 2020)

No. of employees: 36,000 (as of 2020)

The founder of Sun Pharmaceutical Industries Ltd. is Dilip Shahvi. Sun has created the revenue of 334.7 3 billion rupees and net income of worth rupees 37.65 billion as of 2020.Sun Ltd. has 36000 number of employees. Sun Pharmaceutical Industries Limited was founded in 1983 and is an Indian multinational pharmaceutical company. The headquarters of Sun are in Mumbai and Maharashtra. Sun produces and sells chronic and acute therapies that include API-active pharmaceutical ingredients, ARV, anti-reverse viral OTC over the counter, and many generic drugs in the US and India. Sunsil has 30 billion doses of therapeutic segments that cover neuropsychiatry and cardiology. neurology, gastroenterology, diabetology, respiratory anti-infective oncology, and many more every year. Sun Pharmaceutical Industry Ltd. is the first-largest pharmaceutical company in India and one of the four largest generic pharmaceutical companies in the world. It introduced Ranbaxy, which made it the largest pharma company. More than 40 countries are manufacturing across the world. This company provides more than 2000 formulations in India and many other countries.

 

 

2. Reddy’s Laboratories Ltd.

Founder: Kallam Anji Reddy

Revenue: ₹17,460 crore (as of 2020)

Net income: ₹19,540 crores (as of 2020)

No. of employees: 21,650

Ready Laboratories Ltd. was founded by Kalam MG Reddy. The revenue of this company is Rs. 17460 crore as of 2020, and its net income is Rs. 19540 crore.The number of employees in this company is 21,650. Doctor Radis Laboratories Ltd. is an Indian multinational pharmaceutical company founded in 1984. The headquarters of this company are in Hyderabad and Telangana. The company produces and cells many active pharmaceutical formulations, OTC drugs, generic drugs, and 60 active pharmaceutical ingredients for drug manufacturers, biotechnology diagnosis package products, and analytical care in India and many other countries. Dr. Reddy’s has more than 10 FDA-manufacturing APIs across India. They have allied with the Russian direct investment fund so that final-stage clinical trials and 100 million doses of Russia’s Pathani vaccine can be produced for India to overcome the COVID-19 pandemic.

 

 

3. Divis Laboratories Limited

Founder: Murali Devi

Revenue: 5585.05 crore as of 2020

Net income: 1376.54 crore rupees as of 2020.

Number of employees: 13884

The Ways Laboratory is a multinational company in India that produces API intermediates and nutritional ingredients. This company was founded in 1990, and its headquarters are situated in Hyderabad, Telangana. This laboratory is India’s second-most valuable pharmaceutical company in terms of capitalization. This company has three units in India in Hyderabad, Visakhapatnam, and Kakinada, and three research and development units. The thing that put this company at the top of our list is its tenderness. DV Laboratory exports its products to Japan, the USA ,Australia, South Africa, and also the Philippines.

 

 

4. Cipla

Founder: Khwaja Abdul Hamied

Revenue: ₹17,476.19 crore (as of 2020)

Net income: ₹1,546.98 crores (as of 2020)

No. of employees: 22,036

The company was founded by Khwaja Abdul Hamid in Mumbai. It’s revenue exceeds 1747 6.1 99 crore rupees, and its net income is 1546.98 crore, according to the 2020 balance sheet. 22 036 employees are working for this company. Cipla Company is a multinational farmer-friendly Indian firm that is known for producing generic medicines to heal medical conditions like respiratory diabetes, weight loss, and many more. Cipla is popularly known for the manufacturing of antiretroviral drugs. And supplies a major variety of medicine around the world. Cipla has gained a lot of respect and recognition in the global market because of its high-quality medicines.

 

 

5. Aurobindo Pharma

Founders: V. Ramprasad Reddy and K. Nityanana Reddy

Revenue: ₹23,290 crores (as of 2020)

Net income: ₹2,844 crores (as of 2020)

No. of employees: 23,000

Aurobindo Pharma is on the 5th spot on our list; this is also a pharma-critical firm with its headquarters in Hyderabad. The founders of Aurobindo are Vee Ram Prasad Reddy and Nitya Nana Reddy. Revenue goes to two, three, two, nine zero crore as of 2020, and net income is 2844 crore rupees. This company started in 1986. In Pondicherry, it produced one unit of semi-synthetic penicillin. In 2014, this company purchased a CV that helps with operating general generic operations in seven Western European countries. The products of this company are supplied in 125 countries, which helps it reach the top and have its own production, research, and development units.

 

 

6. Torrent Pharmaceuticals

Founder: Uttambhai Nathalal Mehta

Revenue: ₹ 8,060 crore (as of 2020)

Net income: ₹1,024 crores (as of 2020)

No. of employees: 12,881

This company was founded by Uttam Bhai Nathalal Mehta with a revenue of Rs 8016 crore. The net income of torrent pharmaceuticals is 1024 crore, with 12881 employees. Torrent Pharmaceutical, a leading pharma company in India, is owned by the torrent group. It is an Indian multinational farmer film that is registered in more than 40 countries. In 1959, this company was founded. The headquarters of this company are in Ahmedabad. anti-infective diabetology, oncology, gynecology, and pain management areas that have manufacturing plants and research centers across India and many other countries. The company holds many manufacturing plants, including 7 companies like Humann Pharma GmbH & Co., Generic KG Bio Pharma Inc., and many others.

 

 

7. Lupin Limited

Founder: Desh Bandhu Gupta

Revenue: ₹ 158,585 million (as of 2020)

Net income: -₹2,693 million (as of 2020)

No. of employees: 18,302

Lupin Limited is founded by Deshbandhu Gupta. Lupin has a revenue of Rs. 158,585 million and a net income of Rs. 2693 million as of 2020. The number of employees in this company is 18302. You Pin is one of the largest pharma companies that produces a wide range of products, like generic drugs, biotechnology products, and API anti-tuberculosis, asthma, dibutology, cardiovascular, and effective pediatrics. The company was founded in 1968 by manufacturing folic acid and iron tablets. Subsequently, it started producing TB drugs, which generated a huge amount of revenue for the company. Lupin has a wide range of manufacturing units, which is also why it wasn’t in Mexico, Brazil, or Japan, and it produces in more than 100 countries.

 

 

8. Zydus Cadila Healthcare

Founder: Ramanbhai Patel

Revenue: ₹ 15,139 crore (as of 2021)

Net income: ₹2,133 crores (as of 2021)

No. of employees: 25,000

The founder of Zydus Cadilla Healthcare, Raman Bhai Patel Cadilla, has a revenue of 100–139 crores and a net income of 2133 crores. It has 25000 employees. Sideus Cadilla, the oldest company in the Indian market, has become the leading manufacturer in pharmaceuticals, diagnostics, herbal products, OTC products, and skin care products. This company was founded in 1952. The headquarters of this company are in Ahmedabad. Zydus is present in the regulated markets of Europe, South Africa, and Latin America and has more than 30 manufacturing units in the world, including India. Brazil and the USA The vaccine, named Psycho VD, was developed by this company in the pandemic COVID-19.

 

 

9. Abbott India

Founder: Dr. Wallace Calvin Abbott

Revenue: ₹ 1,094.54 crore (as of 2021)

Net income: ₹152.47 crores (as of 2021)

No. of employees: 14,000

The founder of Award India is Dr. Wallace Calvin Abbott. This company has a revenue of 1094.54 crore and a net income of 152.47 crore. It has 14000 employees. India is one of the largest and oldest multinational farming companies. It is a subsidiary of award-winning laboratories in the US, founded in 1944 and headquartered in Mumbai, Maharashtra. This company offers therapeutics, including neurology, women’s health, gastrology, tinffective diabetology, thyroid, vitamin E, et cetera, and pharmaceutical drugs. They manufacture more than 400 branded generic pharmaceuticals and provide high-quality products.

 

 

10. Alkem Laboratories

Founder: Samprada Singh

Revenue: ₹84,485 crore (as of 2020)

Net income: ₹11,270 crores (as of 2020)

No. of employees: 14,331

The founder of Alkem Laboratories is Samprada Singh. This company has a revenue of 8485 crore and a net income of 11270 crores. It has 14331 employees.Album laboratories is a farmer and multinational fame marketing high quality generic pharmaceuticals API and uterus uticus in India including more than 50 countries world wide the company has 21 manufacturing countries including 19 in India and two in USA alcam was founded in 1793 and it is headquartered in Mumbai Maharashtra alkem is the first anti infected drug provider company in India that crosses over 1000 million sales in India.