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