Top Pharma Companies in India
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INTRODUCTIO
N
In terms of volume, the Indian pharmaceutical industry is 
3rd globally, while in terms of value, it ranks 14th. It 
accounts for 10% of the global pharmaceutical 
production by volume and 2% by value. The Indian 
pharmaceutical industry is expected to grow at a CAGR of 
10% during the period 2023-2028. A few large companies 
dominate the Indian pharmaceutical industry 2023.
TOP PHARMA 
COMPANIES IN INDIA
The top 5 pharma companies in India are:
1. Sun Pharmaceutical Industries Ltd.
2. Cipla Ltd.
3. RK Lifecare INC.
4. Lupin Ltd.
5. Aurobindo Pharma Ltd.
These companies are engaged in the manufacturing and 
marketing of a wide range of pharmaceutical products, 
including generic drugs, branded drugs, and over-the-counter 
(OTC) drugs. They also have a strong presence in the global 
markets.
HERE IS A BRIEF OVERVIEW OF 
THE TOP 5 PHARMA COMPANIES 
INS IuNn D1 PhIAar:maceutical Industries 
SLutn dPharmaceutical Industries Ltd. based on market value, is India's biggest 
pharmaceutical firm. Additionally, it is among the biggest producers of generic 
medications worldwide. The company manufactures and markets a wide range of 
pharmaceutical products, including generic drugs, branded drugs, and OTC drugs. Sun 
Pharmaceutical has a strong presence in the global markets, with operations in over 50 
countries.
2 Cipla Ltd
Cipla Ltd. is the second-largest pharmaceutical companies near me by market 
capitalization. It is a leading manufacturer of generic drugs and branded drugs. 
Cipla has a strong presence in the global markets, with operations in over 80 
countries.
1 Divi’s Laboratories 
LDiivmi’s iLtabeodratories Limited, based in Hyderabad, is a 
leading manufacturer of active pharmaceutical ingredients 
(APIs) and intermediates. Valued at ₹1.62 lakh crore in 
2025, Divi’s exports its products to over 95 countries and is 
known for its high-quality manufacturing standards and 
compliance with global regulatory requirements
2 Lupin Ltd.
2 Lupin Ltd. is the fourth-largest pharmaceutical 
company in India by market capitalization. It is a 
leading manufacturer of generic drugs, branded drugs, 
and OTC drugs. Lupin has a strong presence in the 
global markets, with operations in over 50 countries.
3 Aurobindo Pharma Ltd
Aurobindo Pharma Ltd. based on market value is the fifth-biggest 
pharmaceutical firm in India. It is a leading manufacturer of generic 
drugs, branded drugs, and OTC drugs. Aurobindo Pharma has a 
strong presence in the global markets, with operations in over 100 
countries.
The main elements 
propelling the industry's 
expansion are:
• The increasing population of India
• The rising disposable incomes of Indians
THE INDIAN • The incidence of chronic illnesses is rising in India
PHARMACEUTICAL • The growing demand for generic drugs in India and abroad
• The increasing competition from global pharmaceutical 
INDUSTRY IS EXPECTED TO companies
GROW IN THE COMING • The rising cost of research and development
• The stringent regulatory requirements
YEARS. • The complex supply chain
• The Indian pharmaceutical industry is also expected to benefit 
from the government's initiatives to promote the growth of 
the industry. 
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