How Much Investment Required in Pharma Business – Whenever we think about starting a business the first question that comes to our mind is about the “ Investment”. The main issue that every person deals with, especially those who are new in business that they don’t know the right way to invest their money. A little mistake can destroy their overall business objectives. There are several sectors in which people are investing, pharma industry is also one of them. If you want stable career growth in the pharma field, then you must be aware of How Much Investment Required in the Pharma Business, if you don’t know, then we are here to provide every detail that you need to know.
The pharma industry is the fastest and most profitable business. Due to its many benefits like remarkable ROIs, monopoly rights, and promotional tools, it has become the preferable field to start a new venture. If you are new in the pharma business and don’t have any idea about the investment, then you are at the right place!
Ojana Pharma is the leading pharmaceutical company that is renowned for manufacturing and supplying top-of-the-line medicines to patients and business clients. We also provide business opportunities to our partners and assist them with innovative investment ideas that will be beneficial for their career growth.
If you want any suggestions and help regarding the investment in the pharma industry, then feel free to contact us by dialing 72-068-545-42 or sending your questions to firstname.lastname@example.org.
About the Pharma Industry In India
According to the report published by Invest India, the pharmaceutical industry in India is estimated to reach $65 Billion in the year 2024 and around $ 130 billion by the year 2030. If we talk about the ongoing year 2023, then the pharmaceutical industry is currently valued at $50 billion.
The data indicates that like textile, food, education, etc, people also start seeing their future in the pharma sector. Because by investing in this industry, their chances of earning a profit are high. But before investing in the pharma region, make sure that you have done your research on it so that you don’t regret any kind of decision in the future.
How Much Investment Required to Start your Own Pharma Business –
The overall investment depends upon many factors like the location, area covered, number of equipment and machines, the amount of drugs, and many more. To start your pharma business, you have to purchase the land, apartment, or other infrastructure with all the needs like electricity, machinery, and water supply system, which require an investment of around 15-20 lakhs.
How Much Investment Required in Pharma Business for Franchise
The very first and most essential factor to start a pharma business is the permission by the authority to manufacture and supply medicines in the country. The drug license plays a very crucial role in the pharma business, if you don’t own it, your business will be considered illegal and can cause you major problems. Below is the information about the other documents whose investment is one time.
Read it carefully
As we already mentioned above, if you are a pharma business owner then you must have a drug license so that you can save yourself and your business from the law. The wholesale drug license will cost around 5000/-.
The next document is Income Tax Registration which will help you to settle all the records of income and tax by the government. The required investment for this document is approx 4500/-
Moreover, the pharmaceutical firm that begins the pharma franchise venture also needs the above documents, plus the following things:
- Registration of FSSAI per year 100/-
- Rs.8000 to 9000 for the Registration of Private Limited Company
- The government fee for trademark per product name is 4500/- including advocate fees.
Why Choose Ojana Pharmaceutical for the PCD Franchise in India
Introducing Ojana Pharmaceutical, a prominent pharmaceutical company that is exceptionally renowned for providing the top range of healthcare products at cost-effective prices. We have had a remarkable experience of 25 years and aim to provide beneficial treatment to the patients. Our company manufacture and supply GMP and WHO-issued medicines in all form including tablets, capsules, injection, syrups, etc, ensuring safety for the customers.
Thanks to our dedicated and highly skilled team that constantly works hard day and night to serve the country’s people. Moreover, we provide franchise opportunities for those who are seeking to start a business in the pharma industry. By joining our company, you will get exciting perks like a supportive team, smooth work culture, marketing and promotional tools, and monopoly rights with humble investment and transparent deals.
If you are curious to know more about our company, services, and the PCD pharma franchise opportunities, then feel free to reach out to us. Below are the contact details.
Address – Plot no. 276, Industrial area Phase 2 Panchkula, Haryana
Phone no.- +91-72-068-545-42
Email id – Ojanapharma@gmail.com
Frequently Asked Questions About How Much Investment Required in Pharma Business
Q1: Which is the best pharma company for the PCD pharma franchise in India?
Ans: If you are looking for the best pharmaceutical company for the PCD pharma franchise in India, then Ojana Pharmaetcal will be the go-to choice for you. We are a reputable pharma company that provides excellent PCD pharma franchises in India with outstanding business deals and offers.
Q2: How Much Investment Required in Pharma Business in India?
Ans: To launch a pharma company in India, the required investment will vary from 10-15 lakhs.
Q3: What do marketing reports say about the pharmaceutical business in India?
Ans: According to Invest India, the pharmaceutical industry in India is estimated to reach $65 Billion in the year 2024 and approximately $ 130 billion by the year 2030. In the year 2023, the pharmaceutical industry is currently valued at $50 billion.
Q4: How much investment is required for the wholesale drug license in India?
Ans: If you are a pharma business owner, then a drug license is quite necessary for you so that you can manufacture and supply the medicines legally. The wholesale drug license will cost around 5000/-.