Pharmaceutical Sector in India: Market Insights & Industry Overview 2025

Industry Size & Growth

  • The Indian pharmaceutical industry is valued at USD 65 billion in 2025 and is projected to reach USD 130 billion by 2030.
  • India ranks as the 3rd largest producer of pharmaceuticals by volume and is the largest provider of generic medicines globally.
  • The industry is growing at a CAGR of 11%, driven by domestic healthcare demand, export strength, and R&D investments.

Key Segments within the Pharma Sector

Segment Key Products
Formulations Tablets, capsules, injectables, syrups
APIs & Intermediates Bulk drugs, base chemicals
OTC Products Painkillers, vitamins, supplements
Ayurveda & Herbal Classical and proprietary medicines
Veterinary Medicines Animal health products
Biopharmaceuticals Vaccines, biosimilars, biologicals

Export Market Highlights

  • India exported pharmaceutical products worth USD 27+ billion in FY 2024.
  • USA, UK, Brazil, South Africa, Russia, and Nigeria are key export destinations./li>
  • India supplies:
    • Over 40% of generic demand in the US
    • 25% of UK medicines
    • Over 50% of global vaccine demand

Industry Composition

  • 3,000+ pharmaceutical companies and 10,500+ manufacturing units operate across India.
  • The industry ecosystem includes:
    • Domestic & multinational pharma giants
    • Mid-sized formulation companies
    • PCD and franchise marketing firms
    • Exporters and contract manufacturers
    • Institutional suppliers, wholesalers, and C&F agents

Major Pharma Clusters in India

Region Strength
Hyderabad, Telangana Pharma City, formulation, CDMO hubs
Hyderabad, Telangana Corporate HQs, APIs, formulations
Ahmedabad & Vadodara, Gujarat Bulk drugs, biologics, R&D
Baddi, Himachal Pradesh Massive manufacturing units
Baddi, Himachal Pradesh Export-oriented plants
Goa FDA-approved export-grade units
Chandigarh, Punjab Ayurvedic, OTC, and ethical marketing hubs

Market Trends in 2025

  • Surge in contract manufacturing and CDMO partnerships
  • Growth in nutraceuticals, wellness, and preventive care
  • Increased focus on personalized and specialty medicine
  • Expansion of digital health, e-pharmacy, and B2B procurement platforms
  • Heavy regulatory compliance upgrades by USFDA, EMA, CDSCO

Regulatory & Certification Overview

  • Regulated by CDSCO, DCGI, and the Drugs & Cosmetics Act
  • Important certifications & approvals:
    • WHO-GMP
    • USFDA
    • EU-GMP
    • ISO 9001
    • AYUSH & State Drug Control Licenses
  • Labeling norms, stability studies, and pharmacovigilance systems are mandatory

Top 50 Pharmaceutical Companies in India 2025

S.No Company Name Headquarters
1 Sun Pharmaceutical Industries Mumbai
2 Cipla Ltd Mumbai
3 Dr. Reddy’s Laboratories Hyderabad
4 Lupin Limited Mumbai
5 Aurobindo Pharma Hyderabad
6 Zydus Lifesciences Ahmedabad
7 Torrent Pharmaceuticals Ahmedabad
8 Biocon Ltd Bengaluru Bengaluru
9 Cadila Pharmaceuticals Ahmedabad
10 Glenmark Pharmaceuticals Mumbai
11 Alkem Laboratories Mumbai
12 Abbott India Mumbai
13 Pfizer India Mumbai
14 Sanofi India Mumbai
15 Mankind Pharma New Delhi
16 Intas Pharmaceuticals Ahmedabad
17 Wockhardt Ltd Mumbai
18 Alembic Pharmaceuticals Vadodara
19 Hetero Drugs Hyderabad
20 Ipca Laboratories Mumbai
21 Panacea Biotec New Delhi
22 Unichem Laboratories Mumbai
23 Emcure Pharmaceuticals Pune
24 Granules India Hyderabad
25 Strides Pharma Bengaluru
26 Ajanta Pharma Mumbai
27 Indoco Remedies Mumbai
28 Jubilant Pharmova Noida
29 FDC Ltd Mumbai
30 NATCO Pharma Hyderabad
31 Shilpa Medicare Raichur
32 Bharat Biotech Hyderabad
33 Serum Institute of India Pune
34 Biological E Ltd Hyderabad
35 Medley Pharmaceuticals Mumbai
36 Eris Lifesciences Ahmedabad
37 Caplin Point Laboratories Chennai
38 Lincoln Pharmaceuticals Ahmedabad
39 Akums Drugs Haridwar
40 Microlabs Ltd Bengaluru
41 La Renon Healthcare Ahmedabad
42 Ankur Drugs and Pharma Himachal Pradesh
43 AstraZeneca Pharma India Bengaluru
44 Novartis India Mumbai
45 MSN Laboratories Hyderabad
46 Suven Pharmaceuticals Hyderabad
47 RPG Life Sciences Mumbai
48 Vivimed Labs Hyderabad
49 Themis Medicare Mumbai
50 Alniche Life Sciences – New Delhi

Pharma Directory – Instant Access

Industrial Datamart’s Pharma Directory is a ready-to-use Excel sheet containing 5,000+ pharmaceutical, bulk drugs, formulation & allied companies across India. It includes manufacturers, suppliers, R&D, testing & allied stakeholders from pharma industry of India.

Request a sample data Go to Pharma Directory
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