Top 10 Pharmaceutical Companies in India (2020)

Top 10 Pharmaceutical Companies in India (2020)

Jan 18, 2022

Pharmaceutical companies play an important role in fulfilling the demand medicines which consumed by the peoples and pharmaceutical companies also play major role in development of vaccines.

India is currently the largest producer of generic medicines in the world and fulfils approx 60 per cent of the world’s requirement of generic medicines.

Ongoing corona pandemic has put immense pressure on pharmaceutical companies and we cannot thank these companies enough for increasing production capacity in corona pandemic to meet emergency demands of the medicines.

It is expected India’s pharmaceutical industry to grow at 9-11% between 2019-2023 and can reach up to 28-32 Billion USD.

Top 10 pharmaceutical companies

Sun pharmaceutical Industries Ltd

Sun Pharmaceutical is one of the most trusted pharma company in India and it is ranked amongst the top 10 pharma companies of India.

This company produces and sells pharmaceutical ingredients (APIs) and pharmaceutical formulations in India as well as in the USA.

Sun pharma supplies various formulations such as gastroenterology, neurology, psychiatry and cardiology.

This company also supplies APIs such as warfarin, carbamazepine, clorazepate and etodolac.

Founder Dilip Shanghvi
Founded 1983
Market Cap (Rs. Cr.) 1,37,842
Revenue 30,091.4 crores INR (2019)
Number of employees 32,000 (2019)

Dr Reddy’s Laboratories ltd

Dr reddy’s laboratories are one of the leading Indian multinational pharmaceutical company.

Dr reddy’s laboratories have production facilities in India as well in abroad and this company produces a wide range of medicines.  

The company has 7 active production plants across India, it has 60 APIs for drug manufacturing and has more than 190 drugs. The firm produces critical care products, biotechnology products and diagnoses kits.

Dr reddy’s laboratories agreed to perform COVID19 vaccine trials of Russia’s Sputnik V in India.

They have planned to produce 100 million doses after successful trial of COVID19 vaccine.

Founder Kallam Anji Reddy
Founded 1984
Market Cap (Rs. Cr.) 86,504
Revenue 17,460 crores INR (2019)
Number of employees 21,966

Divi’s Laboratories

Divi’s laboratories is one of the youngest pharmaceutical firms, firm has entered in one of the top pharma company of India because of its production capacity and market value.

The company has 3 manufacturing plants and  3 research units in India.

Divi’s laboratories produce nutraceutical ingredients, intermediates and APIs, company export its products to other countries on large scale.

The company export its products to countries like Japan, Europe, USA, Philippines, South Africa and Australia.

Founder Murali Divi
Founded 1990
Market Cap (Rs. Cr.) 99,532
Revenue 50,36 crores INR (2019)
Number of employees 15000


Cipla is one of the leading multinational pharmaceutical firms and manufactures high-quality generic medicines.

Cipla has become one of the top pharmaceutical company in India and well as on a global scale because of its wide range of medicine productions.

Cipla is currently doing business in more than 150 countries and firm is recognized globally because of its quality products.

The company produce more than 2000 formulations, the company produce products related to neurology, nephrology and diabetogenic.

Founder Khwaja Abdul Hamid
Founded 1935
Market Cap (Rs. Cr.) 67,215
Revenue 17,476 crores INR (2019)
Number of employees 22,000

Aurobindo Pharma

Aurobindo Pharma is one of the leading pharma company in India and the company was started in the late 1980s with a single manufacturing unit at Pondicherry.

Aurobindo Pharma became a public company in 1992. The company exports its products in more than 150 countries, the company is known for its top-quality products and has a huge demand for its products in the market.   

Company produce wide range of medicines such as antibiotics, cardiovascular, gastroenterology, neurosciences and anti-allergics etc.

Founder P.V Ramprasad Reddy & K. Nityanand Reddy
Founded 1986
Market Cap (Rs. Cr.) 53,262
Revenue 12,457 crores INR (2019)
Number of employees 19,000

Torrent Pharma

Torrent Pharma is one of the leading pharmaceutical company to produce products related to women health care, gastrointestinal, cardiovascular and central nervous system.

The firm also has a recognizable presence in gynaecology, oncology, diabetology and pain management medicine production.

Company maintains high quality domestic manufacturing plants, advance R & D facilities and has presence in more than 40 countries.

Torrent pharma has procured the dermacutical business of Zyg Pharma in 2015, API plant of Glochem Industries in 2016 and women healthcare brand from Novartis.

Also, Torrent pharma acquired Inc. generic pharmaceuticals, Bio-pharma and OTC company in 2018.

Founder Uttambhai Nathalal Mehta
Founded 1959
Market Cap (Rs. Cr.) 47,102
Revenue 6,144.44 crores INR (2019)
Number of employees 14,550

Lupin Ltd

Lupin is a multinational pharmaceutical company and it was originated in India. Company’s manufacturing facilities are located in India also spread across many other countries such as Japan, Brazil, Mexico and USA.

The company produces a wide range of products such as APIs, Biotechnology and Generic formulations products.

Lupin is also a key player for production of Gynecology, Non-steroidal Anti-Inflammatory Drugs, Cardiovascular and Antibiotic drugs.

Company’s products are top quality yet come at very affordable price.

Founder Desh Bandhu Gupta
Founded 1968
Market Cap (Rs. Cr.) 44,270
Revenue 11,647 crores INR (2019)
Number of employees 50,000

Zydus Cadila Healthcare

Zydus is one of the oldest pharmaceutical company in India and has reached new heights with time because of their class products.

Company’s research facilities are spread across various states of India such as Himachal Pradesh, Gujarat, Maharastra, Sikkim and Goa also company have research units in the USA and Brazil.

The company’s research work in led by team of 1300 scientists and researchers across 19 research units.

The team do research work on new vaccines, biosimilars and specific niche technology. 

Founder Ramanbhai Patel
Founded 1952
Market Cap (Rs. Cr.) 50,128
Revenue 7,104 crores INR (2019)
Number of employees 29,000

Abbott India

Abbott India is counted amongst one of the top pharmaceutical production in India and the firm also produces therapeutic medicines related to Neurology, Thyroid, Gastroenterology, Women’s health and Pain Management.

The company also has a presence in production in generic pharmaceutical, nutrition, medical devices and diagnostic kits.

Company’s products have a high demand in the market because of the top quality of products.

Founder Dr. Wallace Abbott
Founded 1944
Market Cap (Rs. Cr.) 33,447
Revenue 3,791 crores INR (2019)
Number of employees 26,000

Alkem Laboratories

Alkem Laboratories is known for the production of top-quality generic medicines, APIs and Neutraceuticals etc.

Company is counted amongst the top 10 companies in domestic sales from last one decade.

The firm has well established pan India sales and distribution network.

Alkem laboratories is ranked number 1 for production of anti-infective products in India.

The company also has a noticeable presence in production of Pain management, Vitamins\Minerals, Gastrointestinal and Nutrients etc.

Founder Samprada Singh
Founded 1973
Market Cap (Rs. Cr.) 34,919
Revenue 5,781 crores INR (2019)
Number of employees 14,500