The presence of pharma companies in India has contributed to the country’s reputation as the “Pharmacy of the World”. India is a significant player in the global pharmaceutical industry, and it houses numerous pharma companies, ranging from large multinational corporations to small and medium-sized enterprises.
Top 5 valuable pharmaceutical companies in India include.
- Sun Pharmaceutical Industries
- Dr. Reddy’s Laboratories
- Aurobindo Pharma
- Cipla
- Lupin
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1. Sun Pharmaceutical Industries
Market capitalization: ₹1.3 trillion (US$17 billion)
Sun Pharmaceutical Industries is an Indian multinational pharmaceutical company headquartered in Mumbai, Maharashtra. It is the largest pharmaceutical company in India by market capitalization and the largest generic pharmaceutical company in the world.
Sun Pharmaceutical Industries manufactures a wide range of generic drugs, over-the-counter medications, and branded formulations.
2. Dr. Reddy’s Laboratories
Market capitalization: ₹780 billion (US$10 billion)
Dr. Reddy’s Laboratories is an Indian multinational pharmaceutical company headquartered in Hyderabad, Telangana. It is the second-largest pharmaceutical company in India by market capitalization.
It is known for its expertise in the development and manufacturing of a wide range of generic and innovative pharmaceutical products.
3. Aurobindo Pharma
Market capitalization: ₹610 billion (US$8 billion)
Aurobindo Pharma is an Indian multinational pharmaceutical company headquartered in Hyderabad, Telangana. It is the third-largest pharmaceutical company in India by market capitalization.
It is a leading player in the Indian pharmaceutical industry with a growing presence in the international market. The company manufactures a wide range of generic pharmaceuticals and active pharmaceutical ingredients (APIs).
4. Cipla
Market capitalization: ₹440 billion (US$6 billion)
Cipla is an Indian multinational pharmaceutical company headquartered in Mumbai, Maharashtra. It is one of the oldest pharmaceutical companies in India.
Cipla is a renowned Indian pharmaceutical company with a significant global footprint. It is known for its broad portfolio of generic drugs and a strong focus on research and development.
5. Lupin
Market capitalization: ₹370 billion (US$5 billion)
Lupin is an Indian multinational pharmaceutical company headquartered in Mumbai, Maharashtra. It is the fifth-largest pharmaceutical company in India by market capitalization.
Lupin manufactures a wide range of generic drugs, over-the-counter medications, and branded formulations.
See also: Top 5 most valuable companies in the world
Other pharma companies in India are:
- Divi’s Laboratories Ltd.
- Torrent Pharmaceuticals Ltd.
- Biocon Limited
- Cadila Healthcare Ltd
- Glenmark Pharmaceuticals Ltd
