Baddi, a city in Himachal Pradesh, a hill state of India, is popularly known as the pharmaceutical hub of not only the country but of Asia. It was mainly the result of the revolutionary decision of the Himachal Pradesh government and the then prime minister Atal Bihari Vajpayee in 2002 to provide tax and central excise duty exemptions and concessions to encourage and attract investors for the industrial growth of the state. These benefits were also available to the existing units. There are other favorable factors contributing to the pharmaceutical hub title of the city such as the ample availability of electricity and the ever-running water supply.
The 2002 policy has led to a tremendous proliferation of pharmaceutical industries in the state and especially in Baddi which has emerged as the pharmaceutical capital of the country. The city in Solan district of Himachal Pradesh is located in the southwestern part of the state near the border of Haryana and the Himachal Pradesh States.
As a result of the numerous existing and emerging pharmaceutical companies, the scope of PCD business in the city is quite good. Many of the PCD franchise business owners are preferring the PCD pharma franchise company in Baddi because of the rates and the tax profits. Due to the stiff competition between the pharma companies in the city, the rate mechanisms work mostly in the favour of the PCD pharma business owner. Currently, there are more than 2,000 pharmaceutical industries in Baddi.
Some of the most prominent PCD pharma franchise companies in Baddi are as follows.
Torrent Pharmaceuticals Limited
Headquartered in the Indian city of Ahmedabad in Gujarat state, Torrent Pharmaceuticals Limited is a company of the Torrent group. The company founded in 1959 is one of the most reputed Indian pharmaceutical brands with operations running in over 40 countries, being one of the largest pharma suppliers in Germany and Brazil. Having a manufacturing plant at Baddi, Himachal Pradesh, the company mainly works in Formulations, API, drug Discovery, marketing, and sales of drugs.
Neptune Life Sciences Private Limited
Established in the year 2006, Neptune Life Sciences private limited has occupied a considerable market space in the pharma sector. Their quality products, ethical business policies, client-centric approach, transport, and logistics facilities, and reasonable prices have made them one of the best options for a PCD pharma franchise in Baddi. They produce a wide range of products including pharmaceutical tablets, pharmaceutical gel and ointment, and pharmaceutical capsules, etc.
Cipla Limited
Cipla Limited established in the year 2005 in Baddi, Solan, Himachal Pradesh is a well-known name in the pharmaceutical industry. The company is planning to expand its product range in the near future to cater to the needs of a larger customer base. They work in sectors like pharmaceutical manufacturing, medicine manufacturing, pharmaceutical distribution, and allopathic medicine manufacturing.
Glenmark Pharmaceuticals Limited
Named after his sons Glenn and Mark Saldanha, Gracias Saldanha’s company Glenmark Pharmaceuticals Limited is one of the biggest names in the Indian pharmaceutical industry. The company was founded in 1977 and went on to become the fifth-largest pharmaceutical company in India in 2008. The company is involved in the production of oral solids and liquid orals, external preparations like lotions, creams, and respiratory segment products.
Abbott healthcare Private limited
One of the leading exporters, manufacturers, and suppliers of Medical, Diagnostic, and Hospital Supplies in India, healthcare Private Limited was registered in 2014 and is located in Baddi, Himachal Pradesh. A subsidiary of Abbott Laboratories, USA, a global diversified healthcare company, Abbott healthcare Private Limited employs approximately 70,000 people and markets its products in 130 countries worldwide.
Panacea Biotec
Established in the year 1984 as Panacea Drugs Private Limited, Panacea Biotec is a pharmaceutical company indulged in Research and Development, Manufacturing, Sales, Distribution, and Marketing of pharmaceuticals, Vaccines, and Biosimilars. Being one of the largest Vaccine manufacturers companies in India, they manufacture highly innovative products in areas like pain management, diabetes, and cardiovascular management, oncology, anti-tubercular, and gastro-intestinal care products.
Unichem Laboratories
Headquartered in Mumbai, Maharashtra, India, Unichem Laboratories is one of the oldest and largest pharmaceutical companies founded by Padma Bhushan Late Mr. Amrut V Mody in 1944, the company is known for its quality and reliability apart from its antiquity. One of the three manufacturing facilities of the company is located in Baddi, with the other two being in Goa and Ghaziabad (Uttar Pradesh).
Helios Pharmaceuticals
A subsidiary of P.K.T.P. Pvt. LTD, a privately held company, Helios Pharmaceuticals came into commencement in 1985. The company is based in Ahmedabad, Gujarat, India with a world-class manufacturing facility at Baddi. The plant is set over an area of 18000 square meters with a manufacturing capacity of 60 million tablets.
Aishwarya Healthcare
Aishwarya Healthcare is emerging as one of the most promising pharmaceutical companies with more than 400 products in its portfolio. Established in 2005 and located at Baddi, Himachal Pradesh, the manufacturing plant is WHO-GMP certified producing to provide affordable and quality products to the masses in over 30 countries at present.
Brooks laboratories limited
A pharmaceutical manufacturing company, incorporated in the year 2002, Brooks Laboratories Limited is among the most renowned pharma companies in India. One of the two manufacturing plants of the company is located at Baddi, Himachal Pradesh while the other being in Vadodara, Gujarat. the company has a wide range of products catering to the critical Care segment in the Parental section like Beta-Lactam Cephatosporin & General Dry Power Injectables Amopoules and let’s liquid vials Dry Syrups and Tablets etc. With a product portfolio consisting of 28 injectables, 19 tablets, and dry syrups being marketed domestically, the company is a good option for a PCD pharma company.