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Pharmaceutical Industries in Baddi, Himachal Pradesh :
Then state government of Himachal Pradesh announced Baddi a tax-free area in 2003. In less than a decade, Baddi transformed into India’s largest pharma company hub. There are more than 1000 pharma companies in Baddi.
The main factors that are forcing the expansion of the pharma companies in Baddi are the wealth of natural resources, effectively accessible space for setting up manufacturing units, and great help from the Government. Baddi is an industrial town in Solan district of Himachal Pradesh and the pharma companies in Baddi, Himachal Pradesh, were set up in 2002 after a lucky visit of the Prime Minister of India who predicted a flourishing opportunity for the pharma industries in Baddi in the pharmaceutical industry in India. The top pharmaceutical companies in Baddi are concentrating on extending their production capacities to oblige the flooding request from the pharmaceutical industry in India and also for pharma exporters in India.Himachal Pradesh, a hub for pharma companies around 182 small, medium and large pharmaceutical companies have shifted base to Himachal Pradesh .The extent of this migration is magnified by the fact that over 50 per cent of all the pharmaceutical companies that have shifted to Himachal. Some of top Pharmaceutical companies are :
Cipla Limited :
Cipla is a global pharmaceutical company whose goal is ensuring no patient shall be denied access to high quality & affordable medicine and support. Cipla’s journey began in 1935 when founder, Dr. K. A. Hamied, set up an enterprise with the vision to make India self-sufficient in healthcare. Over the past 77 years, Cipla have emerged as one of the world’s most respected pharmaceutical names, not just in India but worldwide. Company have 34 state-of-the-art manufacturing facilities that make Active Pharmaceutical Ingredients (APIs) and formulations, which have been approved by major international Regulatory Agencies. Research and Development (R&D) centre is focused on developing innovative products and drug delivery systems.
Colgate Palmolive :
The small soap and candle business that William Colgate began in New York City early in the 19th century is now, more than 200 years later, a truly global company serving hundreds of millions of consumers worldwide. Research and Development (R&D) centre is focused on developing innovative products and drug delivery systems.
Dr. Reddy Laboratories :
In 1984, Dr. Anji Reddy decided to strike out on his own buisness and established Dr. Reddy's Laboratories and acquired Cheminor Drugs an existing bulk drug manufacturing company. Scientist, philanthropist and entrepreneur, Dr. K Anji Reddy's passion for drug discovery and his pioneering contributions to making medicines affordable are legendary.
Panacea Biotech :
Panacea Biotec is India’s highly progressive, Innovative health management company based on Research & Development, Manufacturing and marketing of Pharmaceuticals, Biopharmaceuticals, Vaccines and natural / indigenous products.
Panacea Drugs Pvt. Ltd. was set up in the year 1984, with a commitment to make novel and innovative medicines affordable to the masses a dream of healthy India, and got listed in 1995 as Panacea Biotec Ltd.
Panacea Biotec is witnessing a period of expansion across every aspect of our business from innovative products to customers in market, from manufacturing to regulatory approvals and thereby laying the foundation for translation of our vision in becoming greatest, largest and most admired biotechnology company in the World by 2020.
Dabur India Limited :
Dabur India is a world leader in Ayurveda with a portfolio of over 250 Herbal/Ayurvedic products. Dabur's portfolio today includes five flagship brands with distinct brand identities - Dabur as the master brand for natural healthcare products, Vatika for premium personal care, Hajmola for digestives, Réal for fruit juices and beverages and Fem for fairness bleaches and skin care products.
Dabur today operates in key consumer product categories like Hair Care, Oral Care, Health Care, Skin Care, Home Care and Foods. The ayurvedic company has a wide distribution network, covering 6 million retail outlets with a high penetration in both urban and rural markets.
Dabur's products also have huge presence in the overseas markets and are today available in over 120 countries across the globe. Its brands are highly popular in the Middle East, SAARC countries, Africa, US, Europe and Russia. Dabur's overseas revenue today accounts for over 30% of the total turnover.
Baddi is one of the fastest growing towns in Himachal Pradesh and India. In the recent past Baddi has become a manufacturing hub for Indian and Multinational Companies. The industrial town Baddi is located in Solan District of Himachal Pradesh around 35 Kms from the District HQs Solan. Baddi is around 40 Km from the Capital of Punjab and Haryana, the city beautiful Chandigarh. Hundreds of Companies have set up their manufacturing units in Baddi and number of other Indian companies and MNCs are looking to relocate their manufacturing facilities to Baddi because of tax concessions being offered by the Himachal Government and Central government. In order to provide facilities to the manufacturers and to boost the business the Indian Government has also decided to link Baddi in Himachal rail network.
Today there are around 1000 Medical and pharma companies operating in Baddi. Apart from this there are over 200 packaging / printing units alone in Baddi Himachal Pradesh. There are hundreds of other factories of various sizes in Baddi. Baddi has provided lot of job opportunities to the youth in Himachal Pradesh. Thousands of jobs have been created by these plants, factories and manufacturing units in Baddi.
By: Pooja Sharda ProfileResourcesReport error
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