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Pharmaceutical Companies in Amritsar List || Top Pharma Manufacturing Industries

Renee

Her is the list of Top Pharmaceutical companies in Amritsar along with the Pharma manufacturing industries in the Amritsar location.

Punjab is included in the list of Pharma clusters that India is counting in the near future. In 2015 Punjab Deputy Chief Minister Sukhbir Singh Badal mentioned that Punjab was all set to emerge as the pharmaceutical hub of the country. It was with foremost health sector players eying towards the state for their major investment plans in the Medicity at New Chandigarh. Focusing on healthcare, pharmaceuticals and biosciences sector Punjab is affirmed to attract big investments in these fastest growing knowledge-based sectors with the availability of pharma and medical technology. The state holds huge potential for including knowledge-based eco-system at peripheral SAS Nagar with the availability of pharma manufacturing around Baddi and availability of medical technology in the state. He stressed that Punjab would be a health tourism destination in the country shortly.

During the course, it has been discussed that the state investment policy is relevant to biosciences, pharmaceuticals and healthcare sectors with the delegation of Organisation of Pharmaceutical Producers of India (OPPI).  Healthcare industrialists are supposed to invest in the state as Punjab had implemented an investor-friendly investment policy and established an exclusive Medicity at New Chandigarh in the periphery of Chandigarh and SAS Nagar. After Punjab government’s approval, the Centre in 2013 had given a nod to set up a special economic zone (SEZ) by Ranbaxy Laboratories on 80 acres in Sector 76 industrial estate in Mohali for export-oriented pharma industries and research and development facilities. Though major pharma players —Sun Pharmaceuticals Industries, DSM, Ind-Swift, Nector Lifesciences and Sourav Chemicals — and some formulation units have established their base in Mohali, much needs to be done. In the 2014-2015 financial year, India’s largest drug manufacturer, Sun Pharmaceutical Industries, acquired Ranbaxy Laboratories and the Mohali plant also went in its bag. While setting up units in the special zone is expected to cost Rs 900 crore, one unit is already operational.

 

List of Pharmaceutical companies in Amritsar:-

 

 

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The Pharmaceutical sector is expected to grow faster with new policies and regulatory framework as it has witnessed over 17 per cent annual growth from 2005 to 2016. More and more international pharma companies are visiting India, which will further open avenues for Pharmacy professionals. India has also started export of pharma products to various countries. With more export opportunities for Indian pharma companies, options for a career in this field are going to multiply further. The size of the industry is expected to be a robust Rs 40,000 crore by 2020. With the pharmaceutical sector projected to witness a 12% compound annual growth rate (CAGR) between 2015 and 2020, the Punjab government also wants to ride the tide by projecting Mohali as a pharma hub to attract key players. Hope this article about Pharmaceutical Companies in Amritsar List || Top Pharma Manufacturing Industries helped you in some way.

 

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