Various pharma companies are operating in India, making it the fifth largest pharma market in the world. This article lists 10 of the most valuable and profitable Top 10 PCD Pharma Franchise Companies in India and shows you how they operate.
The growth has been phenomenal, with over 1,000 new companies entering the industry every year. With the ease of doing business, Ministry of Corporate Affairs has provided exemption to private companies through Companies (Amendment) Act, 2015, wherein the requirement for minimum paid up capital was removed. The Ministry of Corporate Affairs launched the Simplified Proforma for Incorporating Company Electronically (SPICe) e-Form in place of INC-29. This has resulted in reduction in the number of processes and time taken for Starting a Business in the country.
After SPICe, MCA launched a new and simplified web based service R.U.N. (Reserve Unique Name) for reserving a name in place of INC-1. This has also removed the requirement to use a Digital Signature Certificate (DSC) during name reservation. It was another value addition to Ease of Doing Business in India.
While many of these incumbents would like to continue as one of the few players left in the market, others are looking to expand their presence into new areas and compete on a level that no other players can reach.
H & Care Incorp offers a unique business model that provides affordable access to a specialty portfolio of medicines. They are the Top 10 PCD Pharma Companies in India and have been expanding operations for many years.
With their innovative business model, they offer a healthy revenue with an iterative process of affordable access to a specialty portfolio of medicines. Investing heavily in new products and sales, they have been able to maintain a healthy revenue.
The top PCD pharma franchise company of various segmented pharma products, H & Care Incorp is one of the Top 10 PCD Pharma Companies in India.
The company’s operations have been expanding in India for many years and it now employs people across sales office in the country.
What’s more, the company has been able to maintain a healthy revenue thanks to an aggressive spending strategy and consistently strong underlying asset quality of company.
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Tnmed Therapeutics India is one of the TOP PCD pharma franchise companies in India, with over 1000 franchise partners working all over India. The company’s business model is based on three pillars – impressive product portfolio, drug efficacy and availability of products, with the emphasis on people.
Inmed Therapeutics has developed an extensive reputation for providing quality products at affordable prices, with an emphasis on innovation.
The reason why Inmed Therapeutics India is one of the most successful pharma franchise companies in India is because of its focus on people. The company’s products are always innovative and user-friendly, with a focus on health and wellbeing.
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Medons India is one of the best PCD pharma franchise companies in India, with a portfolio of over 600 compounds.
The company is also the India’s largest pharmaceutical company by market capitalization, with a focus on marketing new products. Medons India is present with operations spanning several business areas – General medicines, Anti Diabetic range, Paediatrics, Neurology, Cardiovascular and Women’s Health.
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Founded in 2011 by the parent company H & Care Incorp, a PCD pharma franchise company, the company is one of the India’s leading top 10 PCD pharma franchise companies in India in the field of pharma products. The company is present in more than 50 districts. Their operations are spanning several business areas –General Medicine Range, Derma Range, Paediatric Range and Supplements.
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Femista pharma is a women-centric top 10 PCD pharma franchise companies in India that caters to female consumers. Moreover, their vision is to make an impact in women’s health care by providing treatment options for women-specific conditions.
Femista pharma can be the key to improving access to affordable healthcare for women. It can also be an important resource for healthcare professionals and patients in need of more specialized care.
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Eneye pharma is an ophthalmic top 10 PCD pharma franchise companies in India. It combines the expertise of an ophthalmology group with the strength and size to compete in the pharmaceutical industry.
Thus, the company’s franchise model allows healthcare providers to open their own franchise by purchasing an existing Eneye pharma product and adding new products as needed.
Eneye has been successfully growing pharma franchise chain across the country and is currently present in 18 states.
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Nutica Herbocare is an ayurvedic pharma franchise company in India. They are an independent pharma company with a mission to provide affordable and accessible healthcare products to all over India. So, by partnering with Nutica, you can be part of a meaningful mission to improve the quality of herbal medicines.
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Hi-cure is a PCD pharma company which is currently in the process of launching its new line of products. They provide the best quality medicines to the people in need.
Today, Hi-Cure has grown into a recognized brand with satisfied customers nationwide. They offer their medicines at affordable prices.
Their mission is to provide affordable medicines to as many people as possible through franchise distribution channels and community outreach programs.
Cubit Healthcare is a healthcare company that aims to make healthcare affordable for all. They aim to create affordable, accessible and high-quality healthcare for everyone. Company believes everyone deserves access to quality care.
They provides medicines care to people and have helped hundreds of people across the country receive better care. Progressive life care provide the highest quality of life for its clients by offering a full range of pharma medicines. From advanced treatment care to nutrition supplements.
Ans: The marketing of products in a pharma franchise will be the responsibility of the franchisor. This is because the franchisor will have the most knowledge about the products and will be able to create the most effective marketing campaigns. The franchisee may also be responsible for some marketing activities, but the franchisor will ultimately be in charge of marketing the products.
Ultimately, it is up to the franchise holder to decide how to best market the products.
Ans: There are a few different ways that the sales process can be structured in a pharma franchise business. Typically, the process begins with a lead generation phase, in which potential customers are identified and targeted. Once leads have been generated, the sales team will reach out to them to try and establish contact.
If contact is made, the next step is usually to arrange a meeting or presentation, during which the franchise’s products and services are pitched to the potential customer. If the customer is interested, they may enter into negotiations of the prices with the franchise in order to finalize a deal. Once a deal happens, the franchise will provide the franchisor with the products.
Ans: Sales targets in the PCD pharma business are generally determined by a number of factors, including the size and growth of the market, the competition and the company’s own sales history. In some cases, sales targets may also be determined by government regulations.
Ans: There are no hard and fast deadlines for selling products in a pharma franchise business. You can sell products anytime you want. But there are some general guidelines that you should follow.
Generally speaking, it is best to sell products as soon as possible after they are manufactured, so that they are effective. Additionally, you should try to sell products before they expire, so that customers can get the full benefit from them.
Ans: There are a few ways that people with little investment can start a pharma franchise company.
One way is to find a franchisor that is willing to work with them and start a franchise of an existing pharma company with smaller number of products of little investment until you gain a foothold in the market.
Another way is to start their own pharma franchise company by finding a niche market that requires less investment and catering to it.
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