Pharma Companies in Madhya Pradesh

Pharma Companies in Madhya Pradesh – When you quest for perfect business opportunities in the healthcare zone, collaboration with an established brand is something to consider promptly. This effort is intended to familiarize you with some of the best Pharma Companies in Madhya Pradesh. If you’re looking for the most reliable and potent brands in the Indian medical industry, hopefully, you’ve arrived at the right place.

It is no secret that the pharmaceutical domain is the nerve system of the Indian economy. It contributes immensely to the country’s GDP to make it expand further. As per the API’s production volume, India occupies the top spot in the global rankings. Presently, it is the largest producer and supplier of generic medicines in the world. Around 20 to 25 percent of the global generic developments come from India.

Madhya Pradesh Pharma Sector – Bringing Business and Health Prospects Together

India-based pharma organizations have established a milestone in the sector and revolutionized it overwhelmingly. The central Indian state of Madhya Pradesh is home to several healthcare units that are endeavoring relentlessly for the betterment of communities. Numerous pharma firms have set up shop in the state in recent times to strengthen healthcare and medical facilities. All in all, the Indian pharma industry has the extreme potential and scope to extend its approach beyond imagination during the coming years.

• Madhya Pradesh has basic infrastructure to attract national and MNCs for pharma business establishments.
• Some of the highly recognized areas include Ujjain, Dhar, Dewas, Indore, and Pithampur.

While analyzing the anticipations of ICRA, the domestic Indian pharma circuit is said to grow at 4 – 6 percent in the financial year 2020-21, regardless of the COVID-19 impact. Similarly, the healthcare solutions in the state of Madhya Pradesh are also likely to boost up the pace with the advent of advanced technologies. This wing is expected to encompass an 8 to 11% Compounded Annual Growth Rate (CAGR) during 2020-2023.

The Growing Pharmaceutical Industry in Madhya Pradesh

The pharmaceutical business in MP is thriving as a result of industrial growth, government backing, and increased healthcare awareness. The industry is driven by several factors, including:

1. Strategic Location

Madhya Pradesh is a central location that allows for easy distribution across India

2. Infrastructure

With the growth of the pharmaceutical industry, cities like Indore, Bhopal, and Jabalpur are improving their infrastructure.

3. Support of the Government

The government supports and encourages small enterprises and startup programs.

4. Workforce

Nearby pharma colleges give opportunities to encourage skilled professionals.

5. Export and Import

Companies in Madhya Pradesh are expanding and also exporting to the international market, such as Lucky Pharma.

Top Pharmaceutical Companies in Madhya Pradesh

It isn’t as easy and simple to compile the best pharma manufacturers in Madhya Pradesh as it appears to be. The state consists of a number of pharma companies to address the medical needs of people. Besides other industrial zones, the healthcare & pharmaceutical is a significant elements contributing to the nation’s development.

Let’s have a glance at some of the prestigious Pharma Companies in Madhya Pradesh:

Luckys Pharma

Luckys Pharma, no doubt, is a highly proficient and award-winning pharma company in India. Founded in 2001, it is a WHO/GMP and ISO-certified organization that is pledged to ensure world-standard healthcare facilities and services. Further, it undergoes strict inspections and checks by international bodies such as GDP, WHO, MSME, CCL, DNB, etc.

If you are looking for a professional pharmaceutical brand for PCD franchise or 3^rd-party manufacturing services, Luckys Pharma is the ultimate destination. It integrates the world-level manufacturing units, infrastructure, and quality standards to register 100% customer satisfaction. Moreover, it implements ethical business practices to develop unique and customer-oriented pharma products at the best possible prices.

Why Choose Lucky Pharma as a Pharma Company?

It is very important to know why we should choose Lucky Pharma as a pharma manufacturer or franchisor. Here is the breakdown of all reasons to choose Lucky Pharma: 

• ISO, GMP& WHO Certified company
• Utilised modern technology
• Extensive product range
• PCD franchise opportunity, Affordable pricing
• Experienced team
• Timely delivery
• Dedicated workforce

Benefits of Partnering with Lucky Pharma

If you are a Pharma distributor and collaborating with Lucky Pharma, you will have multiple advantages, like:

• High-Quality Medicines
• Wide product Portfolio
• Affordable Pricing
• Marketing and Promotional Support
• Timely Delivery
• Transparency

Contribution of Lucky Pharma to Healthcare in Madhya Pradesh

When it comes to healthcare services in Madhya Pradesh, Lucky Pharma plays an active role. It is more than just a pharmaceutical manufacturing company; it provides affordable medicines and ensures widespread accessibility. It also serves as a bridge between urban and rural healthcare facilities, ensuring that everyone can afford the medicines and maintain their wellness.

Contact Details

Company’s name – Luckys Pharma

Phone Number – 08889909734, 08889909733

Email Id – info@luckyspharmalab.com

Address –  Plot no 82, 1st Floor, Jaora Compound, Near Police Lines, Indore – 452001, Madhya Pradesh, India.

Cyano Pharma

The Indore-based pharmaceutical enterprise was conceived in 1965. Since then, Cyano has become the global leader in the medical manufacturing world. Undoubtedly, the company has conquered the medical sector across multiple therapeutic areas.

It delivers pragmatic solutions in terms of healthcare affairs to ensure people enjoy the best and healthiest life. Under the portfolio, Cyano Pharma incorporates all sorts of medicines and drugs across multiple therapeutic areas.

Address – 115/C, Pologround Industrial Estate, Malti Vanaspati, Indore, Madhya Pradesh 452015

Cipco Pharmaceuticals

It was 1989 when Cipco Pharmaceuticals made its first appearance in the healthcare corridor. It brings a pack of integrated techniques and a visionary approach to create quality products at competitive prices. Further, the pharma organization in Madhya Pradesh is an ISO 9001-certified entity and involved in the manufacturing of quality finished dosage forms.

Address – Mumbai – Agra Rd, Pigdambar, Indore, Madhya Pradesh 453331

Schon Pharmaceuticals Limited

The next on the list of top pharma manufacturers in MP is Schon Pharmaceuticals. It is a reflection of versatile pharma aspects and healthcare solutions to constitute industry recognition and identity. With experience of more than 30 years, Schon Pharmaceuticals strives to accomplish the chief motive of serving communities with the best-quality assistance.

Address – 145/2, A B, Jambudi Hapsi, Hatod Road, Indore, M.P. 

Sun Pharma

Sun Pharma manufactures and distributes a range of pharma products to cure mild to chronic diseases. Born in 1983, Sun Pharma provides solutions in diabetology, neurology, cardiology, psychiatry, and gastroenterology. The company proceeds to utilize the advanced tactics to produce, develop, distribute and manufacture quality medical formulations.

Address –  SUN HOUSE, CTS No. 201 B/1, Western Express Highway, Goregaon 

Inven Pharmaceuticals

It is based in Indore to develop a favorable healthcare environment. The ISO 9001:2000 brand introduces state-of-the-art facilities and end-to-end manufacturing provisions. IV fluid is the major development of Inven Pharmaceuticals in the international and domestic markets. Moreover, the organization brings breakthrough treatment policies via innovations to address more challenging healthcare issues.

Address – 27/1 1st Floor, Sapna Sangeeta Rd, Patel Nagar, Indore, Madhya Pradesh 452001

Wellmed

Wellmed Pharma is one of the best and highest-quality pharmaceutical companies. It is an ISO-GMP-certified company that offers multiple pharmaceutical facilities. Wellmed is the most prominent pharmaceutical company that offers 100% customer satisfaction with its products. By using ethical business practices, this company creates a reputable image in the market.

Intas Pharmaceuticals Limited

Intas Pharmaceuticals refers to the most prominent pharma company offering products in Madhya Pradesh. They believe that they are the most prominent global pharma partner. Every product is made under quality assurance. They always bring innovation to their products with the advancement of skills.

Glenmark Pharmaceuticals Limited

Glenmark is offering the best-rated pharma manufacturing & franchise opportunity in Madhya Pradesh. They come from reputed pharma companies not only in Madhya Pradesh but also all over the world. This company carries ISO & GMP Certificates to ensure quality & safety.

Aurobindo Pharma Limited

Aurobindo Pharma Limited is always committed to high-quality pharma products manufacturing at the best & affordable prices. They believe that every patient has the right to get quality medicine. By having a good & big infrastructure, this company is leading the pharma market in Madhya Pradesh.

Conclusion

Wrapping up, the healthcare sector is likely to present unprecedented growth and accomplishments in the near future. Meanwhile, business associates can also approach the top Pharma Companies in Madhya Pradesh for collaborations. Of course, it is the right time to put the stride and penetrate the medical orbit to enjoy splendid growth opportunities.

FAQs About Pharma Companies in Madhya Pradesh

Q. What types of pharmaceutical products do these companies produce?

These companies produce a wide range of pharmaceutical products, including prescription and over-the-counter medications, generic drugs, biopharmaceuticals, vaccines, and medical devices.

Q. What are the regulatory requirements for pharmaceutical companies in MP?

Pharmaceutical companies in Madhya Pradesh must comply with regulatory requirements set out by the Central Drugs Standard Control Organization (CDSCO) and the State Drug Regulatory Authority (SDRA). The requirements include proper registration and licensing, product quality control, safety and efficacy testing, and labeling requirements.

Q. What is the scope of the pharmaceutical industry in Madhya Pradesh?

The pharmaceutical industry in Madhya Pradesh is one of the largest in India. The industry comprises over 700 pharmaceutical companies with a combined annual turnover of around US$20 billion.

Q. Which cities are the hubs of pharma companies in Madhya Pradesh?

Answer: Pharma companies have multiple hubs in Madhya Pradesh that are: Bhopal, Indore, Mandideep & Dewas. These cities have a strong presence of pharma companies.

Q. Are there any supports offered by the Madhya Pradesh government to the Pharma industry?

Answer: Yes, some support offered by the Madhya Pradesh government to the pharma industry is:

• Subsidies for capital investment
• Tax exemptions
• Support for R&D and Innovation
• Infrastructure development

Q. What are the reasons for making Madhya Pradesh a perfect place for pharma companies?

Answer: There are multiple reasons for making Madhya Pradesh a perfect place for pharma companies, which are:

• Well-connected roads & rails
• Strategic Location
• Affordable & skilled workforce
• Special incentives for the pharma industryDoes Lucky Pharma provide PCD franchise opportunities in Madhya Pradesh?

Q. Does Lucky Pharma provide PCD franchise opportunities in Madhya Pradesh?

It is a leading pharmaceutical manufacturing company known for its diverse product offerings and high-quality standards; additionally, they provide a PCD franchise with numerous perks.

Q. What type of products does Lucky Parma Produce?

Products are like:

• Tablets
• Capsules
• Syrups
• Injections
• Antibiotics
• Cardiac-diabetic medicines

Q. Is there a profit if you start a PCD franchise in Madhya Pradesh?

With the growing demand for medicines and healthcare, starting a PCD franchise with a trusted company like Lucky Pharma will be highly profitable.

Q. Is any certification required to start a PCD franchise with Lucky Pharma?

A drug license is mandatory to start a PCD Franchise, along with other legal documents.

Q. Does Lucky Pharma follow quality certification?

Lucky Pharma has WHO-GMP certified facilities, which ensure global quality standards.