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Top 10 Pharmaceuticals Companies in India

Indian pharmaceuticals industry is one of the largest in the world by $40 billion value. Here is the list of Top 10 Indian Pharma Company in 2021 by Market Cap.

Top Pharma Companies in India by Market Cap.

Top Pharma Companies in India by Market Cap. in 2021

The Indian Pharmaceuticals Industry is the world’s 3rd largest by overall volume, US$40 billion by value. India is the world’s largest supplier of generic medicines globally with 20% of global exports. Due to the Covid-19 pandemic healthcare facilities and pharmaceuticals have become the need of everybody. The Indian domestic pharma market recorded sales worth $2.15 billion in April 2021.

Here is a list of Top 10 Pharmaceuticals Companies in India by Market Capitalization in the year 2021 –

RankPharma CompanyMarket Cap. (INR Crore)
1.Sun Pharma201,856
2.Divi’s Labs142,614
3.Dr. Reddy’s Labs82,249
4.Cipla Ltd.73,514
5.Gland Pharma62,090
6.Cadila Healthcare Ltd.55,702
7.Torrent Pharma52,973
8.Alkem Labs46,543
9.Abbott India Ltd.45,796
10.Lupin Ltd.42,972
Pharma Company Market Cap. as of October 2021

1. Sun Pharma

Sun Pharmaceuticals Industries Ltd. was founded in 1983, headquartered in Mumbai. The Indian Multinational Pharmaceutical company manufacture and sells formulations and active pharmaceutical ingredients (APIs) in India and the U.S. Sun Pharma is the largest pharma company in India, 4th largest generic drugs company in the world. As of June 2021, the company’s total revenue of over $4.5 billion and has a presence in more than 100 countries.

2. Divi’s Labs

Divi’s Laboratories Ltd. was founded in 1990, headquartered in Hyderabad. The Indian Pharmaceutical company manufacture APIs, intermediates, and nutraceutical ingredients. Divi’s Labs is India’s second most valuable pharma company by market cap. The company revenue is $780 million in the year 2020.

3. Dr. Reddy’d Labs

Dr. Reddy’s is an Indian multinational pharmaceutical company, founded in 1984 headquartered in Hyderabad. The company has 60 APIs, 190 medications, diagnostic kits, and biotechnology products. In the year 2020, the company revenue is $2.3 billion.

4. Cipla Ltd.

Cipla Limited was founded in 1935, headquartered in Mumbai. The Indian Multinational Pharmaceutical company develops medicines to treat diabetes, depression, arthritis, respiratory, CVD, and other medications. Cipla has 34 manufacturing plants across India and a presence in over 80 countries. In 2020 the company revenue is around $2.3 billion.

5. Gland Pharma

Gland Pharma Ltd. was founded in 1978, headquartered in Hyderabad. The Indian Pharma company has a presence across 60 countries and has 7 manufacturing facilities in India. The company specialties in oncology, sterile injectable products, and ophthalmics. In FY 2020 the company revenue is Rs. 2,772 crores.

6. Cadila Healthcare Ltd.

Cadila Healthcare Ltd. also known as Zydus Cadila founded in 1952, headquartered in Ahmedabad. The Indian Multinational Pharma company is primarily developing generic drugs, and as well as herbal products, diagnostics, skincare products, and OTC products. In the year 2020 the company ranked in Fortune India 500 list, with a revenue of Rs. 14,253 crores.

7. Torrent Pharma

Torrent Pharmaceuticals Ltd. owned by Torrent Group, founded in 1959, is headquartered in Ahmedabad. The Indian Multinational Pharmaceuticals company presence in more than 40 countries with over 2000 registered products globally. The company specialized in Generic Drugs, CNS, gastrointestinal, diabetology, vaccines, and pain management segments. In the year 2020, the company revenue reported $1.1 billion.

8. Alkem Labs

The Indian Multinational Pharma company was founded in 1973, headquartered in Mumbai. Alkem Laboratories manufactures generic drugs, formulations and nutraceuticals, and vaccines. The company has manufacturing units in India and the US. In 2020 Alkem revenue reported $1.1 billion.

9. Abbott India Ltd.

Abbott India is a subsidiary of Abbott Laboratories of the USA, founded in 1944, headquartered in Mumbai. The Pharma MNC develops medicines in areas of cardiology, gastroenterology, metabolic disorders, thyroid, and urology division. In the year 2020, the Indian company revenue reported Rs. 4,207 crores.

10. Lupin Ltd.

The Indian multinational pharma company was founded in 1968, headquartered in Mumbai. Lupin Limited is one of the largest generic pharma companies by revenue globally, in the year 2020 revenue reported $2.1 billion. The company focuses on areas cardiovascular, diabetology, asthma, anti-infectives, and anti-tuberculosis.

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