The expansion of the India active pharmaceutical ingredients market is anticipated to be driven by the concentration of producers of active pharmaceutical ingredients on the formation of definitive agreements, which is likely to occur throughout the course of the forecast period. For example, in October 2020, PAG, a large private equity company with a concentration on Asia, and its grouping partners CX Partners and Samara Capital reached an agreement to purchase a majority share in Anjan Drug Pvt. Ltd., a manufacturer of active pharmaceutical ingredients (API) situated in Chennai.
The India Active Pharmaceutical Ingredients Market is estimated to be valued at US$ 19,993.2 million in 2021 and is expected to exhibit a CAGR of 8.3% during the forecast period (2021-2028).
Prominent Companies in the India Active Pharmaceutical Ingredients Industry:
1. Teva Pharmaceutical Industries Ltd.,
Teva Pharmaceutical Industries Ltd.,was founded in 1944 and it’s Tel Aviv-Yafo, Israel. The company operates in 24 countries.
2. Solara
Solara founded in 2017, and its Headquarters located in Westlake, Texas, United States. The company operates in 80 Countries.
3. Aurobindo Pharma Limited
Aurobindo Pharma Limited was launch in 1986 and it’s headquarter located hydrabad, India.it operate over 100 country.In 2023 Aurobindo Pharma's aims to complete its Rs 2,000 crore Penicillin G (Pen G) plant in Andhra Pradesh by March 2024 even as the trial
4. Dr. Reddy's Laboratories
Dr. Reddy's Laboratories, was launch in 1884 and it’s headquarter hydrabad, India.it operate over 170 country.
5. Sun Pharmaceutical Industries Limited
Sun Pharmaceutical Industries Limited, was founded 1983, with its headquarters in goregao Mumbai india..With businesses in over 100 countries. In 2021 Sun Pharma completed acquisition of U.S.-based Concert Pharmaceuticals Inc, giving it access to the company's late-stage drug
6. Divi’s Laboratories Ltd
Divi’s Laboratories Ltd was launch in 1990. And its headquarter Hyderabad, Telangana, India. It operate over 95 country.
7. Century Pharmaceuticals Ltd..
Century Pharmaceuticals Ltd. Founded in 1982 and it’s headquarter located Hanover, Germany, It operate over 80 country.
Definition- Active pharmaceutical ingredient (API) is any substance or combination of substances used in a finished pharmaceutical product (FPP) to provide pharmacological activity or to otherwise have a direct effect in disease diagnosis, cure, mitigation, treatment, or prevention, or to have a direct effect in restoring, correcting, or modifying physiological functions in humans.
