Top 10 Pharma Companies in India

Top 10 Pharma Companies in India

Discover Top 10 Pharma Companies in India : Sun Pharma, Dr. Reddy’s, Cipla, Lupin, Aurobindo, Cadila, Torrent, Biocon, Glenmark, Divi’s, and Wockhardt. Leading in generics, biotechnology, and APIs, these companies drive global healthcare innovation with extensive operations in key markets like India, USA, and Europe. With substantial revenues and diverse product portfolios, they play crucial roles in advancing healthcare accessibility and innovation globally, underpinned by significant market capitalizations reflecting their strategic importance and growth potential.Discover India’s top pharmaceutical giants: Sun Pharma, Dr. Reddy’s, Cipla, Lupin, Aurobindo, Cadila, Torrent, Biocon, Glenmark, Divi’s, and Wockhardt. Leading in generics, biotechnology, and APIs, these companies drive global healthcare innovation with extensive operations in key markets like India, USA, and Europe. With substantial revenues and diverse product portfolios, they play crucial roles in advancing healthcare accessibility and innovation globally, underpinned by significant market capitalizations reflecting their strategic importance and growth potential.

1. Dr. Reddy’s Laboratories Ltd.

Dr. Reddy’s Laboratories Ltd., founded in 1984 and headquartered in Hyderabad, Telangana, India, is a prominent pharmaceutical company specializing in generics, active pharmaceutical ingredients (APIs), and proprietary products. Co-chaired by G.V. Prasad, the company operates globally with a strong presence in India, USA, Europe, and Emerging Markets. As of FY 2022, Dr. Reddy’s reported revenues of approximately ₹ 21,393 crore ($2.9 billion) and employs over 21,000 people worldwide. The company’s market capitalization stands at around ₹ 97,208 crore ($13 billion).

Company NameDr. Reddy’s Laboratories Ltd.
Founded1984
HeadquartersHyderabad, Telangana, India
Key PeopleG.V. Prasad (Co-Chairman & MD)
ProductsPharmaceuticals, generic drugs, APIs
Revenue (FY 2022)₹ 21,393 crore (approx. $2.9 billion)
Number of EmployeesOver 21,000
Market Cap (2022)₹ 97,208 crore (approx. $13 billion)
Key MarketsIndia, USA, Europe, Emerging Markets
Key SubsidiariesDr. Reddy’s Laboratories, Inc., Biologics
WebsiteDr. Reddy’s Laboratories Ltd.

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2. Cipla Ltd.

Cipla Ltd., established in 1935 and based in Mumbai, Maharashtra, India, is a leading global pharmaceutical company focusing on generics, biotechnology, and healthcare products. Led by Umang Vohra as MD & Global CEO, Cipla operates extensively across India, USA, South Africa, and other Emerging Markets. In FY 2022, Cipla reported revenues of approximately ₹ 23,719 crore ($3.2 billion) and employs over 30,000 people worldwide. The company’s market capitalization as of 2022 is around ₹ 78,369 crore ($10.5 billion).

Company NameCipla Ltd.
Founded1935
HeadquartersMumbai, Maharashtra, India
Key PeopleUmang Vohra (MD & Global CEO)
ProductsPharmaceuticals, biotechnology
Revenue (FY 2022)₹ 23,719 crore (approx. $3.2 billion)
Number of EmployeesOver 30,000
Market Cap (2022)₹ 78,369 crore (approx. $10.5 billion)
Key MarketsIndia, USA, South Africa, Emerging Markets
Key SubsidiariesCipla BioTec, Cipla USA
WebsiteCipla Ltd.

3. Lupin Ltd.

Lupin Ltd., established in 1968 and headquartered in Mumbai, Maharashtra, India, is a global pharmaceutical company known for its focus on generics, biosimilars, and specialty pharmaceuticals. Vinita Gupta leads the company as CEO. Lupin operates extensively in India, USA, Europe, and Asia-Pacific markets. In FY 2022, Lupin reported revenues of approximately ₹ 18,934 crore ($2.5 billion) with a workforce of over 17,000 employees globally. The company’s market capitalization stands at around ₹ 46,835 crore ($6.3 billion) as of 2022.

Company NameLupin Ltd.
Founded1968
HeadquartersMumbai, Maharashtra, India
Key PeopleVinita Gupta (CEO)
ProductsPharmaceuticals, generics, biosimilars
Revenue (FY 2022)₹ 18,934 crore (approx. $2.5 billion)
Number of EmployeesOver 17,000
Market Cap (2022)₹ 46,835 crore (approx. $6.3 billion)
Key MarketsIndia, USA, Europe, Asia-Pacific
Key SubsidiariesKyowa Pharmaceutical Industry Co. Ltd.
WebsiteLupin Ltd.

4. Aurobindo Pharma Ltd.

Aurobindo Pharma Ltd., founded in 1986 and headquartered in Hyderabad, Telangana, India, is a major pharmaceutical company specializing in APIs, generics, and formulations. N. Govindarajan serves as Managing Director. Aurobindo Pharma has a strong presence in key markets such as USA, Europe, and Emerging Markets. In FY 2022, the company reported revenues of approximately ₹ 25,925 crore ($3.5 billion) with over 20,000 employees globally. Aurobindo Pharma’s market capitalization as of 2022 is approximately ₹ 54,667 crore ($7.3 billion).

Company NameAurobindo Pharma Ltd.
Founded1986
HeadquartersHyderabad, Telangana, India
Key PeopleN. Govindarajan (MD)
ProductsPharmaceuticals, APIs, generics
Revenue (FY 2022)₹ 25,925 crore (approx. $3.5 billion)
Number of EmployeesOver 20,000
Market Cap (2022)₹ 54,667 crore (approx. $7.3 billion)
Key MarketsUSA, Europe, Emerging Markets
Key SubsidiariesAuroMedics Pharma LLC, Eugia Pharma
WebsiteAurobindo Pharma Ltd.

5. Cadila Healthcare Ltd.

Cadila Healthcare Ltd., established in 1952 and based in Ahmedabad, Gujarat, India, is a prominent pharmaceutical company specializing in pharmaceuticals and biotechnology. Pankaj R. Patel serves as Chairman of the company. Cadila Healthcare operates widely across India, USA, and Emerging Markets. In FY 2022, the company reported revenues of approximately ₹ 18,341 crore ($2.5 billion) with a workforce of over 25,000 employees globally. The company’s market capitalization stands at around ₹ 47,523 crore ($6.4 billion) as of 2022.

Company NameCadila Healthcare Ltd.
Founded1952
HeadquartersAhmedabad, Gujarat, India
Key PeoplePankaj R. Patel (Chairman)
ProductsPharmaceuticals, biotechnology
Revenue (FY 2022)₹ 18,341 crore (approx. $2.5 billion)
Number of EmployeesOver 25,000
Market Cap (2022)₹ 47,523 crore (approx. $6.4 billion)
Key MarketsIndia, USA, Emerging Markets
Key SubsidiariesZydus Animal Health, Biochem Pharmaceuticals
WebsiteCadila Healthcare Ltd.

6. Torrent Pharmaceuticals Ltd.

Torrent Pharmaceuticals Ltd., founded in 1959 and headquartered in Ahmedabad, Gujarat, India, is a leading pharmaceutical company specializing in generics, formulations, and active pharmaceutical ingredients (APIs). Samir Mehta serves as Chairman. Torrent Pharma operates across key markets including India, USA, Brazil, and Rest of World. In FY 2022, the company reported revenues of approximately ₹ 10,688 crore ($1.4 billion) with over 13,000 employees globally. The company’s market capitalization stands at around ₹ 32,845 crore ($4.4 billion) as of 2022.

Company NameTorrent Pharmaceuticals Ltd.
Founded1959
HeadquartersAhmedabad, Gujarat, India
Key PeopleSamir Mehta (Chairman)
ProductsPharmaceuticals, generics, APIs
Revenue (FY 2022)₹ 10,688 crore (approx. $1.4 billion)
Number of EmployeesOver 13,000
Market Cap (2022)₹ 32,845 crore (approx. $4.4 billion)
Key MarketsIndia, USA, Brazil, Rest of World
Key SubsidiariesHeumann Pharma, Zeneus Pharma
WebsiteTorrent Pharmaceuticals Ltd.

7. Biocon Ltd.


Biocon Ltd., founded in 1978 and headquartered in Bangalore, Karnataka, India, is a leading biopharmaceutical company focusing on APIs, generics, and biologics. Kiran Mazumdar-Shaw serves as the Executive Chairperson. Biocon operates across India, USA, Europe, and Emerging Markets. In FY 2022, the company reported revenues of approximately ₹ 7,091 crore ($950 million) with over 12,000 employees globally. Biocon’s market capitalization as of 2022 is approximately ₹ 37,718 crore ($5 billion).

Company NameBiocon Ltd.
Founded1978
HeadquartersBangalore, Karnataka, India
Key PeopleKiran Mazumdar-Shaw (Executive Chairperson)
ProductsBiopharmaceuticals, APIs, generics
Revenue (FY 2022)₹ 7,091 crore (approx. $950 million)
Number of EmployeesOver 12,000
Market Cap (2022)₹ 37,718 crore (approx. $5 billion)
Key MarketsIndia, USA, Europe, Emerging Markets
Key SubsidiariesSyngene International Ltd.
WebsiteBiocon Ltd.

8. Glenmark Pharmaceuticals Ltd.

Glenmark Pharmaceuticals Ltd., established in 1977 and based in Mumbai, Maharashtra, India, is a global pharmaceutical company specializing in generics, formulations, and APIs. Glenn Saldanha serves as Chairman & MD. Glenmark Pharma operates extensively across India, USA, Europe, and Latin America. In FY 2022, the company reported revenues of approximately ₹ 10,008 crore ($1.3 billion) with over 17,000 employees globally. The company’s market capitalization stands at around ₹ 22,019 crore ($3 billion) as of 2022.

Company NameGlenmark Pharmaceuticals Ltd.
Founded1977
HeadquartersMumbai, Maharashtra, India
Key PeopleGlenn Saldanha (Chairman & MD)
ProductsPharmaceuticals, generics, APIs
Revenue (FY 2022)₹ 10,008 crore (approx. $1.3 billion)
Number of EmployeesOver 17,000
Market Cap (2022)₹ 22,019 crore (approx. $3 billion)
Key MarketsIndia, USA, Europe, Latin America
Key SubsidiariesGlenmark Life Sciences Ltd., Glenmark Generics Ltd.
WebsiteGlenmark Pharmaceuticals Ltd.

9. Divi’s Laboratories Ltd.

Divi’s Laboratories Ltd., founded in 1990 and headquartered in Hyderabad, Telangana, India, specializes in manufacturing active pharmaceutical ingredients (APIs). Murali K. Divi serves as Chairman & MD. Divi’s Labs caters primarily to markets in the USA, Europe, Japan, and South Korea. In FY 2022, the company reported revenues of approximately ₹ 8,524 crore ($1.1 billion) with over 13,000 employees globally. Divi’s Labs has a significant market capitalization of approximately ₹ 1,17,726 crore ($15.8 billion) as of 2022.

Company NameDivi’s Laboratories Ltd.
Founded1990
HeadquartersHyderabad, Telangana, India
Key PeopleMurali K. Divi (Chairman & MD)
ProductsActive pharmaceutical ingredients (APIs)
Revenue (FY 2022)₹ 8,524 crore (approx. $1.1 billion)
Number of EmployeesOver 13,000
Market Cap (2022)₹ 1,17,726 crore (approx. $15.8 billion)
Key MarketsUSA, Europe, Japan, South Korea
Key SubsidiariesDivi’s Laboratories USA Inc.
WebsiteDivi’s Laboratories Ltd.

10. Wockhardt Ltd.

Wockhardt Ltd., founded in 1960 and based in Mumbai, Maharashtra, India, is a pharmaceutical and biotechnology company. Habil Khorakiwala serves as the Founder & Chairman. Wockhardt operates in key markets such as India, USA, UK, and Emerging Markets. In FY 2022, the company reported revenues of approximately ₹ 4,594 crore ($615 million) with over 6,000 employees globally. The company’s market capitalization stands at around ₹ 5,615 crore ($752 million) as of 2022.

Company NameWockhardt Ltd.
Founded1960
HeadquartersMumbai, Maharashtra, India
Key PeopleHabil Khorakiwala (Founder & Chairman)
ProductsPharmaceuticals, biotechnology
Revenue (FY 2022)₹ 4,594 crore (approx. $615 million)
Number of EmployeesOver 6,000
Market Cap (2022)₹ 5,615 crore (approx. $752 million)
Key MarketsIndia, USA, UK, Emerging Markets
Key SubsidiariesCP Pharmaceuticals Ltd., Wockhardt Bio AG
WebsiteWockhardt Ltd.

Overall, India’s top pharmaceutical companies, including Sun Pharma, Dr. Reddy’s, Cipla, Lupin, Aurobindo, Cadila, Torrent, Biocon, Glenmark, Divi’s, and Wockhardt, collectively showcase the country’s robust presence in global healthcare. These firms are leaders in generics, biotechnology, and APIs, with extensive operations across major markets like India, USA, and Europe. With substantial revenues, significant workforce sizes, and diverse product portfolios, they play pivotal roles in advancing healthcare accessibility and innovation worldwide. Their market capitalizations underscore their strategic importance and growth potential in the global pharmaceutical industry.

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