Top 10 Pharmaceutical Companies in India 2017

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India claims a position of its own in the global pharmaceutical industry, as its pharmaceutical market stands the third largest when considered the volume of production and stands thirteenth in the value of the industry. Indian Pharma industry is expected to grow with a CAGR of 15% is expected between the years 2015 to 2020, which is three times the annual growth rate of the global Pharma Industry. The top Indian pharma companies include Sun Pharma, Lupin, Aurobindo Pharma, Cipla, Dr Reddys Labs etc. Here is the list of the top 10 pharmaceutical companies in India 2017 as per Revenue and Profit.

India being the largest producer of generic medicines exports 20% of the global generic medicines exports, no wonder generic medicines constitute 70% of the pharmaceutical market share in India. While OTC (Over the Counter) and patented medicines accounts for 21% and 9% of the market share respectively. The cost of production in India being significantly larger than its competitors even half of that of the European counterparts gives a competitive advantage thus the growth of the Indian Pharmaceutical Industry is very promising.

Quick Glance at the Top Pharma Companies in India 2017

1st place: Sun Pharma

2nd place: Lupin

3rd place: Aurobindo Pharma

4th place: Cipla

5th place: Dr Reddys

6th place: Cadila Healthcare

7th place: Torrent Pharma

8th place: Divis Lab

9th place: Glenmark

10th place: Piramal Enterprises

For more details about rankings and parameters, read on.

Largest Pharma Companies India 2017 Ranking with Parameters (Revenue, Profit):

10. Piramal Enterprises

Piramal Enterprises is a flagship company of Piramal Groups established in 1988 which is a pioneer pharmaceutical in India.

Image: company website

Ajay Piramal is the chairman of this company which is headquartered in Mumbai, Maharashtra. The company has centered its operations in pharmaceutical, financial services and information management sectors, and is one of the leading pharmaceutical brands in India.


When the company began its operations in late 80s others were busy investing in international generics but they placed their bets on the domestic formulation development business resulting in a great track record of 23% CAGR since then and became one of the most regarded names as they noticeably stood out in Indian pharmaceuticals market. In last fiscal year Piramal Enterprises managed to grab a revenue of 3883 crore Indian rupees making it the 10th largest Pharmaceutical company in Indian industry.

Operating in two verticals, namely Pharma and Healthcare Solutions Piramal Enterprises has their facilities spread all across India stretching from Himachal in the North to Tamil Nadu down South. As of now Piramal healthcare has its market in more than 100 countries and have manufacturing bases across India, UK, Scotland, USA etc. It is currently the 3rd largest company in the global Inhalation Anesthesia market, and the only company in the world having a complete product portfolio of Inhalation Anesthetics medicines. Acquiring Coldstream Laboratories boosted their expertise to manufacture sterile injectable products. They do consulting in the lines of pharmaceutical development and manufacturing solutions and offer healthcare products too. They have been focusing on researching and developing phytomedicines, which they believe can boost their position as a leading Pharma company in India.

Revenues (Crores INR): 3883

Profit (Crores INR): 1100

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