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Vendor Development Vendor Development Program - A Madhya Pradesh Government initiative for Micro & Small Enterprises ( MSES) / Startup rightlogo
 
Pharmaceutical Industry
   
Pharmaceutical Industry Locations In M.P.

In 1958, the state government of Madhya Pradesh constructed multiple-shed complexes, enabling provision of basic infrastructure, which attracted pharmaceutical entrepreneurs to start business. The next decade (1960s) saw growth of ayurvedic and allopathic industries with the establishment of Laxmi Bai Nagar Industrial Area by the Industries Department of the Government of Madhya Pradesh. However, the real boom in the pharmaceutical industry was marked by the beginning of active involvement of Madhya Pradesh Laghu Udyog Nigam (MPLUN).

The pharmaceutical sector is spread at Dewas, Ujjain, Dhar and Pithampur districts surrounding Indore. It is housing around 300 manufacturing units of the pharmaceutical sector and providing Employment to around 20,000 personnel. Cipla, Novartis, Ranbaxy Limited, IPCA, Lupin are the major anchor units of the sector in state.

The early nineties saw establishment of a pharmaceutical industrial estate at Pithampur and that of Dawa Bazar, which covered 200 pharmaceuticals companies under one roof and helped wholesalers establish offices. Indore’s Dawa Bazar is one of Asia’s biggest pharmaceutical trade houses, where apart from wholesale and retail outlets of small manufacturers of the cluster, multinational and other big companies have marketing offices.

Pharmaceuticals Anchor - List

 

Potential

  • The Pharmaceutical industry in Madhya Pradesh has an annual turnover of about USD 1.5 billion

  • More than 350 pharmaceutical units located across Madhya Pradesh, out of which 160 are formulation manufacturers

  • Provides direct and indirect employment to more than 45,000 people

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