alert

Top 10 Medical Store Franchise in India for a profitable business in 2023

Posted on

Introduction

The use of medicines has significantly increased as compared to the past decade. Did you know? The share of medicine in the Indian market was around 51% in 2013-14, this reduced to 43% in 2015-16. But, that again saw an enormous increase in the current years. Now, if you are planning to open a medical store you might not see a loss in your account tab.

Today, India is widely known for its advanced medical services to the public. Chennai and Noida have thousands of tourist visitors willing to get the right treatment from doctors in India. This is a great chance to offer them genuine and the best medicine and earn a good profit in return. Further in this article, we will be talking about the top 10 medical store franchises in India.

Top 10 Medical Store Franchise in India

Here is a list of our top 10 medical store franchises in India

Want to Grow Your Business - Contact Us

1. Fossil Remedies

Fossil Remedies is one of the leading and largest PCD Pharma franchises in India. You get a wide range of genuine products sold by this franchise. Their professionalism and quality of service make them stand out in the market. Other than that, it is India’s one of the most trusted Pharma franchise companies.

Similarly, opening Fossil Remedies is quite easy. Make sure you visit its official website for more details.

2. Cipla Limited

Another great medical franchise company in India that we have all heard of. Cipla Limited is one of the top Biotechnology and Pharmaceutical companies in India. The headquarters of this company is located in Mumbai and was founded back in 1935. Khawaja Abdul Hamied is the founder of this medical pharmacy and some of its subsidiaries are Cipla USA Inc, InvaGen Pharma, and many more.

Did you know? Cipla Limited introduced the first beta-blocker back in 1972. Over the years, some of the products developed by Cipla to cure significant diseases are Angina, Hypertension, Lipid Abnormalities, Diabetes, and many more

3. Sun Pharmaceutical Industries Limited

Sun Pharmaceutical is the fourth largest global specialty generic pharmaceutical company in the world. They have made their presence in more than 100 countries now. Founded in 1983, is an Indian multinational pharmaceutical company that is headquartered in Mumbai.

Opening a Sun Pharmaceutical franchise would be dream come true for many. You get a huge branding, reputation, customer base, and many more if you take up their franchise. The maximum cost of opening a Sun Pharmaceutical franchise is Rs 2- Rs 5 crore.

4. Zubit Lifecare

Zubit Lifecare is one of the leading pharmaceutical industries in India. This company has been attached to other pharmaceutical companies since 2001. Just after the COVID-19 pandemic, Zubit Lifecare saw major growth in its franchises. The headquarters of this medical company is located in Ahmedabad.

Other than that, Zubit Lifecare is GMP-ISO 9001 certified. Its vision is to emerge as the leading PCD franchise in India. This company was started back in 2001 with only 16 products but has expanded to more than 200 products.

5. Lupin Limited

Lupin Limited is an Indian multinational pharmaceutical company that is headquartered in Mumbai. Today, this franchise company is one of the largest generic pharmaceutical companies in the world. It is one of the oldest pharmaceutical companies in India, founded in 1968 by Desh Bandhu Gupta. It is also one of the largest drug producers for Tuberculosis.

Other than that, the company manufactures and sells drugs for cardiovascular disease, asthma, diabetes, skin disease, and many more. Other than that, the Lupin Research Park located in Pune has over 1400 scientists working for them. You can easily open a Lupin Diagnostic center with just Rs 3-5 lakhs.

6. Dr. Lal Path Labs

Dr. Lal Path Labs was founded by beloved Dr. Major S.K. Lal back in 1949. Initially, he started providing pathology services and maintained a blood bank. Dr. Lal Path Lab’s franchise is one of the most trusted franchises in India. They have opened up hundreds of recognized laboratories all over India and around the world.

The mission of this healthcare company is to offer accessibility, affordable, timely, and quality healthcare diagnostics to the public. The minimum investment to open a Dr. Lal Path Labs franchise is between Rs 3- Rs 4 lakhs.

7. Vibcare Pharma

If you want the best medical franchise then Vibcare Pharma could be the right one for you. It is one of the best pharma PCD companies in India today. The company was established in 2013 and focuses on offering high-quality, affordable, and genuine products.

Other than that, this company is uniquely positioned to serve the best in the pharmaceutical industry. This pharmaceutical company manufactures and sells a wide range of tablets, capsules, gel, syrups, baby products, and many more.

8. Onesta Lifecare

Another great certified pharmaceutical medical franchise company in India is Onesta Lifecare. This company was first incorporated back in 1948. The company is quite innovative when it comes to manufacturing and selling drugs in the market. This company spends quite a lot when it comes to research and development.

Interestingly, the promoters of this company have enormous experience in Pharmaceuticals, Cloth, electronics, FMCG, and many more business fields. Their team experience has played a major role in developing this company. Their product ranges from skin products, baby products, orthopedics, capsules, tablets, and many more.

9. Spica Laboratories Private Limited

Spica Lab offers a great opportunity for people to widen their businesses through franchises. Their prime focus is to offer optimal health products to the Indian people. They have one of the most advanced and up-to-date infrastructures of 20,000 square feet for proper research and development of products. You can easily open a Spica Lab franchise easily and earn enormous profit from it.

10. Mankind Pharma

Mankind Pharma is an Indian Delhi-based multinational pharmaceutical company. It made its existence way back in 1986. Today, this pharmaceutical company operates in more than 22 countries. They are aspiring people to lead a healthy lifestyle. Their products range from manforce tablets to heal-o-kind. You can easily become a part of this beautiful franchise by investing Rs 3- Rs 5 lakhs.

Conclusion

Medical Store franchises always have an edge over traditional medical store franchises. The franchise brands provide you the edge of their brand awareness through multiple advertisement options such as Tv ads, social media ads, inventory management, etc. Based on the availability & competition of the brand franchise in your area you can choose the unique medical store franchise in your area.


Leave a Reply

Your email address will not be published. Required fields are marked *