Top 10 Pharma Companies in India: Rising Stars of Healthcare

India’s pharmaceutical industries are one of the most successful and leading markets globally. This sector alone is worth US $42 billion and is considered 3rd in terms of volume and 13th in terms worldwide.  

1. Sun Pharmaceutical Industries

Big giant in the pharmaceutical industry has revenue of around $4.7 billion in 2020. Founded by Mr. Dilip Shanhvi in 1983, he started manufacturing products to cure psychiatric ailments. It is also considered the largest pharmaceutical company in India based on its overall revenue and the 4th largest globally. Sun pharmaceutical company covers over 150 countries across six continents.

It started to sell and manufacture psychiatric ailments. And now, it offers a wide range of medicines like Carbamazepine and Etodolac and anti-cancer, peptides, sex hormones, and controlled substances.

2. Divi’s Laboratories

Founded in 1990 is an Indian multinational pharmaceutical company based in Hyderabad, India. It is known for manufacturing active pharmaceutical ingredients. It generates leading generic compounds, Nutraceutical ingredients, custom synthesis of APIs, and intermediates for global innovator industries.

Owner: Murali Divi; Headquarters: Hyderabad and its revenue: $780 million (FY20)

3. Lupin

It was founded in 1968 and is known for offering a wide range of products globally and spreads across over 100 countries. Lupin also holds a global leadership position in the Anti-TB and Cephalosporins segments. It manufactures products like branded & Generic Formulations, Biotechnology Products, Active Pharmaceutical Ingredients (APIs), and Specialty. It offers high-quality and affordable medicines all over the world.

Revenue: ₹ 15,300 Crores; HeadquartersMumbaiFounderDesh Bandhu Gupta

4. Emcure Pharmaceuticals

It was founded in 1983 by Satish Ramanlal Mehta. It is based in Pune and started as a single manufacturing company and now is considered one of the largest manufacturing pharmaceutical companies. Emcure Pharmaceuticals are known globally with commendable infrastructure, skills, and resources that are not only comparable to the best pharma companies in India but all over the world.

Headquarters: Pune; Revenue: $870.25 million (FY21)

5. Biocon Limited

One of India’s most popular pharmaceutical companies was founded in 1978 by Kirna Mazumdar-Shaw and produced generic active pharmaceuticals. It sells its product worldwide and has a wide range of employees. It holds assets valued at over $824 million and revenue of $659.31 million (INR 4,885 crores) as of FY20.

6. Cadila Healthcare Limited

It was founded in 1952 by Zydus Cadila, an Indian multinational pharmaceutical company primarily engaged in the manufacture of generic drugs. Candela Healthcare limited is known for excellent diagnostics, as a manufacturer of herbal skincare products.

Cadila makes API at three sites in India: Ankleshwar plant, Vadodara plant, and Patalganga.

Founded: 1952; Owner: Pankaj Patel; Headquarters: Ahmedabad; Revenue: $2.1 billion (FY21)

7. Aurobindo Pharma Limited

It was stabilized in 1986 by P. V. Ramaprasad Reddy and Mr. K. Nityananda Reddy. It has a wide distribution range and has connections across over 125 countries. It is known for producing and selling around 300 products. It is considered the second-largest pharmaceutical company in India, with a revenue of US $3.3 billion in 2020.

It is engaged in the manufacturing of medicines in the area of neurosciences, cardiovascular, anti-diabetics, and gastroenterology.

Founded: 1986; Headquarters: Hyderabad; Revenue: $3.3 billion (FY20)

8. Alkem Laboratories Ltd

It was established in 1973 by  Samprada Singh and had a revenue of INR 8,448.5 crores (US$1.1 billion, 2020). It is an Indian global pharmaceutical company headquartered in Mumbai. It has ranked among India’s top ten pharmaceutical businesses in domestic sales for the past 15 years.

It is the no.1 anti-infective company in India for more than 10 years and is considered among the big giants of pharmaceutical companies in the therapeutic segments of Gastrointestinal, Pain management, and many more.

9. Intas Pharmaceuticals Limited

It was founded in 1884 by  Hasmukh Chudgar and has a revenue of $1.49 billion as of 2020. It is known as one of Asia’s leading top Biosimilar product producers. It has nearly 14 formulation manufacturing facilities, of which seven are located in India and the rest in the UK and Mexico. Big Giant works in the field of chronic disease of oncology (cancer), rheumatology, auto-immune, and plasma-derived product-based therapies.

Headquarters: Ahmedabad; Revenue: $1.49 billion (FY20)

10. Mankind Pharma Limited

It is a pharma company founded in 1995 in India and its headquarters in New Delhi. It helps produce and sell a wide range of products, including Antibiotics, Antifungals, NSAIDs, and several other categories. It has a revenue of approximately US $1 billion in 2020.

It is also featured as the 10th Indian largest pharma company and one of the leading companies worldwide. 

Founded: 1995; Owner: R. C. Juneja and Rajeev Juneja; Revenue: $980 million (INR 7,400 crores in FY20)


Which medicine company is best in India?

Sun Pharmaceutical Industries Ltd.

Which are the top 5 pharma companies in India?

  • Sun Pharmaceutical Industries Ltd.
  • Dr. Reddy’s Laboratories Ltd.
  • Divi’s Laboratories.
  • Cipla.
  • Aurobindo Pharma

Who is the No. 1 Medicine company in India?

Sun Pharmaceutical Industries Ltd.

Which is the biggest pharma company in India?

Sun Pharmaceutical Industries Ltd.

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