Pharmaceuticals

Pharmaceuticals
Pharmaceuticals
Pharmaceuticals

Sector
Highlights

  • With presence of companies like Novartis, Teva, AkzoNobel, Cipla, Sun Pharma, Glenmark, Lupin and Piramal Healthcare, Madhya Pradesh has emerged as the major pharmaceuticals manufacturing destination in the country
  • More than 280 pharmaceutical units operating in industrial areas of Dewas, Indore, Pithampur, Mandideep and Malanpur
  • Around 200 Ayurvedic and 50 Homeopathic medicine units present in the state

Investment
Opportunities

  • Clinical trials
  • Contract research
  • Drugs and Vaccines manufacturing
  • Medical devices manufacturing
  • Herbal medicines and cosmetics production
  • Stem Cell banks and laboratories
  • Related infrastructure such as biotechnology parks