Code: MTA1788 | Publication Date: Feb 2025 |
Several leaders are actively contributing to the India Generic Drug Market Growth. These players include pharmaceutical companies, contract research organizations (CROs) as well as government agencies. The majority of generic drugs produced in India come from leading pharmaceutical companies. These companies always invest heavily in research and development (R&D) in order to develop high-quality generic drugs at lower costs. They also have a strong distribution network, allowing them to reach a wider market and meet the growing demand for generic drugs.
Contract Research Organizations play a prominent role in the development and production of generic drugs in India. These organizations provide services like drug formulation development, analytical method development, and clinical trials for pharmaceutical companies. By partnering with CROs, companies can reduce their R&D costs and accelerate the launch of new generic drugs. The Indian government has taken several initiatives to promote the use of generic drugs in the country. For instance, it has implemented policies that encourage doctors to prescribe generic medications. According to 6Wresearch, India Generic Drug Market size is anticipated to grow at a CAGR of 8.2% during 2025-2031.
Company Name | Sun Pharmaceutical Industries Ltd. |
Establishment Year | 1983 |
Headquarter | Mumbai, India |
Website | Click Here |
Sun Pharmaceutical Industries Ltd. is the largest pharmaceutical company in India and the fifth-largest specialty generic company in the world. It specializes in producing high-quality, affordable generic medicines across various therapeutic areas such as cardiology, neurology, and gastroenterology.
Company Name | Cipla Ltd. |
Establishment Year | 1935 |
Headquarter | Mumbai, India |
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Cipla Ltd. is a global pharmaceutical company and it has a strong presence in both domestic and international markets. It has a diverse portfolio of over 1,500 products and offers a wide range of generic medicines for respiratory, cardiovascular, urology, and other therapeutic areas.
Company Name | Lupin Ltd. |
Establishment Year | 1968 |
Headquarter | Mumbai, India |
Website | Click Here |
Lupin Ltd. is one of the top pharmaceutical companies in India with a significant presence in the global market. It focuses on developing and manufacturing high-quality generic drugs across various segments such as respiratory, cardiovascular, diabetes, and women's health.
Company Name | Dr. Reddy's Laboratories Ltd. |
Establishment Year | 1984 |
Headquarter | Hyderabad, India |
Website | Click Here |
Dr. Reddy's Laboratories Ltd. is a leading global pharmaceutical company with a strong presence in the Indian market. It offers a diverse portfolio of over 190 generic products and has a robust pipeline of new products in various therapeutic segments such as oncology, neurology, and gastroenterology.
Company Name | Aurobindo Pharma Ltd. |
Establishment Year | 1986 |
Headquarter | Hyderabad, India |
Website | Click Here |
Aurobindo Pharma Ltd. is one of the fastest-growing pharmaceutical companies in India with a presence in over 150 countries. It specializes in manufacturing and marketing generic drugs across various therapeutic segments such as antiretrovirals, neurosciences, and antibiotics.
Company Name | Zydus Cadila Healthcare Ltd. |
Establishment Year | 1952 |
Headquarter | Ahmedabad, India |
Website | Click Here |
Zydus Cadila Healthcare Ltd. is a leading pharmaceutical company in India with a strong focus on research and development. It offers a diverse portfolio of over 1,700 products including a range of generic drugs for areas such as respiratory, cardiovascular, gastroenterology, and pain management.
Company Name | Torrent Pharmaceuticals Ltd. |
Establishment Year | 1959 |
Headquarter | Ahmedabad, India |
Website | Click Here |
Torrent Pharmaceuticals Ltd. is a research-based global pharmaceutical company with a strong presence in the Indian market. It offers a wide range of generic drugs and innovative products across various therapeutic segments such as neurology, psychiatry, and gastroenterology.
Company Name | Glenmark Pharmaceuticals Ltd. |
Establishment Year | 1977 |
Headquarter | Mumbai, India |
Website | Click Here |
Glenmark Pharmaceuticals Ltd. is one of the top players in the Indian pharmaceutical industry and has a significant presence in the global market. It specializes in developing and manufacturing high-quality generic drugs across various therapeutic areas such as dermatology, respiratory, and oncology.
Company Name | Alembic Pharmaceuticals Ltd. |
Establishment Year | 1907 |
Headquarter | Vadodara, India |
Website | Click Here |
Alembic Pharmaceuticals Ltd. is a leading pharmaceutical company in India that offers a diverse portfolio of over 1,000 products globally. It has a strong focus on research and development and specializes in producing cost-effective generic medicines for therapeutic segments such as cardiology, neurology, and anti-infectives.
Company Name | Cadila Healthcare Ltd. |
Establishment Year | 1952 |
Headquarter | Ahmedabad, India |
Website | Click Here |
Cadila Healthcare Ltd. is a global pharmaceutical company that offers a wide range of generic drugs and innovative products across various therapeutic areas such as respiratory, cardiovascular, and gastroenterology. It has a strong presence in both domestic and international markets and continues to expand its portfolio through research and development initiatives.