Best States to Launch a Pharma Franchise Business in India: Opportunities & Insights

Best States to Launch a Pharma Franchise Business in India: Opportunities & Insights

India’s pharmaceutical industry is a global powerhouse, with the country ranking third in pharmaceutical production by volume and fourteenth by value worldwide. For entrepreneurs eyeing growth opportunities, launching a pharma franchise business in India offers immense prospects, thanks to ongoing reforms, increasing healthcare demand, and vibrant markets across states.

Below, we analyze 24 Indian states, highlighting their unique potential, current market data, and prospects for pharma franchise entrepreneurs.

1. Maharashtra

Home to over 3000 pharma manufacturing units, Maharashtra is the industry’s epicenter. The Mumbai-Pune belt hosts major hubs, and dense urban populations ensure high medicine demands.

2. Gujarat

Gujarat contributes over 33% to India’s pharma turnover. Ahmedabad and Vadodara are cradles of innovation—with robust clusters and strong regulatory support.

3. Andhra Pradesh

With three major pharma clusters—Vizag, Hyderabad suburb regions, and Kakinada—Andhra Pradesh has shown over 18% annual growth in bulk drug production.

4. Telangana

Hyderabad is dubbed “Bulk Drug Capital of India,” offering advanced infrastructure and government incentives. Pharmaceutical exports here grew by 20% in 2022 alone.

5. Karnataka

Bengaluru, with its biotech corridors and skilled talent, remains a hotspot. State pharma sector recorded $1.7 billion exports in 2023.

6. Tamil Nadu

Chennai and surrounding districts have over 400 pharma companies, aided by world-class ports for exports and a robust domestic market.

7. Uttar Pradesh

As India’s most populous state, UP’s demand for medicines is immense. The Yamuna Expressway Industrial Development Authority encourages pharma park investments in Greater Noida.

8. Haryana

Gurugram and Panchkula are evolving as attractive destinations with fast-track regulatory clearances and proximity to Delhi NCR’s healthcare market.

9. Punjab

With increasing focus on rural healthcare penetration, Punjab’s Ludhiana and Mohali are emerging as pharmaceutical distribution centers.

10. Madhya Pradesh

The Pithampur-SEZ and Indore region are key. Pharma sales in the state have grown 16% annually, making it ideal for expansion.

11. Rajasthan

Jaipur, Kota, and Udaipur offer access to rapidly growing markets, with strategic rail and road connectivity for logistics.

12. West Bengal

With Kolkata as an urban anchor, the state’s pharma market is growing at 12% per year, especially in branded generics and OTC segments.

13. Odisha

Bhubaneswar and Cuttack are seeing investments in pharma storage and distribution, increasing the state’s GDP share from the health sector.

14. Jharkhand

Ranchi and Jamshedpur are untapped, high-potential cities, and the state government is offering fiscal incentives for healthcare ventures.

15. Chhattisgarh

With its rising hospital networks, Raipur and Durg have an increasing demand for formulations, especially anti-infectives and chronic illness drugs.

16. Kerala

Kerala recorded over Rs. 8,000 crore in pharma sales in 2023. Cities like Kochi and Thiruvananthapuram combine strong literacy and high healthcare awareness.

17. Assam

Guwahati is evolving into a pharma trade hub for the North-East, with dedicated pharma parks and logistics support.

18. Bihar

A large rural-base offers significant potential for primary care medicines and over-the-counter products. Patna is a strategic entry point.

19. Uttarakhand

With over 300 manufacturing units, Haridwar and Dehradun are emerging as pharma manufacturing and distribution hubs.

20. Himachal Pradesh

Known as the “Pharma State,” Baddi has grown into Asia’s largest pharma manufacturing cluster, exporting to more than 200 countries.

21. Jammu & Kashmir

Government incentives and peaceful trends in Jammu and Srinagar spur opportunities for franchise expansion, particularly in diagnostics and chronic care.

22. Goa

Goa’s pharma sector posted 19% growth in exports over the last 3 years. Its ports are gateways to international markets.

23. Tripura

Agartala forms a regional hub for supplying medicines to North-East states, supported by improved air and land connectivity.

24. Chandigarh (Tri-city Region)

With one of the highest per-capita income levels, Chandigarh’s advanced medical ecosystem is ideal for pharma franchise businesses. The city draws pharmaceutical professionals and entrepreneurs alike due to its advanced infrastructure and regulatory efficiency.

Why Zenacts Pharma Pvt. Ltd., Chandigarh Stands Out

For aspiring franchise partners aiming to enter any of these burgeoning markets, Zenacts Pharma Pvt. Ltd., Chandigarh, offers unmatched advantages. With its deep industry expertise, extensive product portfolio, and quality-centric focus, Zenacts Pharma enables franchisees across Indian states to leverage its strong brand reputation. Their commitment to transparent business practices and comprehensive support makes partnering with Zenacts Pharma a strategic move to capitalize on India’s dynamic pharmaceuticals landscape.

India’s pharma industry is poised for rapid growth, and choosing the right state, along with a proven franchise partner like Zenacts Pharma, is the key to success in this thriving sector.

Category: pcd-franchise, start your own pharma business, third party manufacturing, Top pharma manufacturer in Chandigarh-Baddi, Uncategorized

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