Top 20 Pharmaceutical Companies in Maharashtra– Maharashtra is widely recognized as a premier pharmaceutical powerhouse in India. Maharashtra contributes to 14% of India’s domestic pharmaceutical production. The state has more than 3800 pharmaceutical units.
Major cities like Mumbai, Pune, Aurangabad, Nashik, and Nagpur serve as key centers for the pharmaceutical industry. These cities form a “Pharma Quadrilateral” driven by strong infrastructure, R&D, and manufacturing facilities. Maharashtra features diverse company types ranging from large-scale manufacturers to PCD pharma franchise models. Companies such as Cipla, Sun Pharma, and Wockhardt contribute to the pharmaceutical manufacturers of formulations and APIs. These firms manufacture products for other companies under their own brand names.
Maharashtra is considered the pharmaceutical capital of India. Businesses look to Maharashtra for easy logistics due to the presence of major ports that help facilitate easy import of raw materials and export of finished goods.
In this blog, we will see the list of the Top 20 Pharmaceutical Companies in Maharashtra that will help you in identifying the trusted and well-established pharmaceutical companies in Maharashtra.

The list below is made according to the product quality and range of the medicines produced by the manufacturers. The following companies develop their products under strict WHO-GMP and ISO guidelines. They have a strong market reputation and years of experience in the pharma industry.
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Servocare Lifesciences is an Indian Pharmaceutical company. Established in 2010, the company has grown into a significant player in dermatology, pediatric and general medicine. It is a WHO-GMP, ISO, and GLP-certified company. The company provides end-to-end manufacturing for other companies and supports over 500 pharmaceutical firms. It also offers monopoly-based rights to individuals and distributors across India. The pharma enterprise has a strong presence in CIS, the UK, Ghana, Nigeria, Afghanistan, Liberia, and the Middle East. Due to the above reasons, the company ranks first in the list of the top 20 pharmaceutical companies in Maharashtra.
Phone: 9872219010
Email: servocaregroup@gmail.com or info@servocarelifesciences.in.
Cipla is a major Indian multinational pharmaceutical company. The company has more than 40 manufacturing sites globally. It is a leading pharma enterprise in respiratory care. It also covers other medical segments, including cardiovascular disease, HIV/AIDS, critical care, urology, and anti-infectives. Cipla integrates data science and automation in its manufacturing and R&D processes. It is one of the top 20 Pharmaceutical companies in Maharashtra.
Address: Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai, Maharashtra 400013, India
Founded in 1983, Sun Pharmaceuticals is a top global leader in generic medicines and Active Pharmaceutical Ingredients (APIs). The pharma company has 43,000 employees and 40+ manufacturing sites. They have developed more than 2000+ products in various chronic therapies, including Neuro-psychiatry, gastro, diabetes, cardiology, dermatology, oncology and opthalmology. These key factors rank the company in the list of top 20 Pharmaceutical companies in Maharashtra..
Address: Sun House, CTS No. 201 B/1, Near Trauma Hospital, Western Express Highway, Goregaon East, Mumbai-400063, Maharashtra
Another reputed company that comes in the top 20 Pharmaceutical companies in Maharashtra is Emcure Pharmaceuticals. The company was founded by Satish Mehta and is widely recognized for producing its own APIs. Emcure has 5 dedicated R&D centers across India with over 500 scientists that focus on developing complex medicines and biologics. The company has 13 manufacturing facilities in India, which help in handling manufacturing processes.
Address: Plot P-Ii, IT-BT Park, MIDC, Hinjawadi, Pune, Maharashtra, 411057.
Headquartered in Mumbai, India, Ajanta Pharma is a global pharmaceutical company that focuses on long-term value through its specialized products. The pharma company covers diverse therapeutic fields such as cardiology, dermatology, ophthalmology, and prioritizes innovation by launching many products earlier in the market. They have a strong global presence in more than 30 countries.
Address: 98, Ajanta House, Charkop, Kandivli (West), Mumbai – 400067, Maharashtra, India.
Glenmark Pharmaceuticals is a research-driven pharmaceutical company in India. The company has evolved from generics to a research-led organization. They aim to follow “New way for a New World”, by addressing important medical needs and improving patient lives globally. Their popular brands include Fabiflu, Telma, Ryaltris, Candid, Ascoril, and Momate.
Address: Glenmark House, B. D. Sawant Marg, Chakala, Off Western Express Highway, Andheri (E), Mumbai – 400 099
Moving ahead in our list of top 20 Pharmaceutical companies in Maharashtra, we have Lupin Ltd, which is a Mumbai-based company and is the 5th largest generic player in the US. The pharma enterprise has 15 state-of-the-art manufacturing facilities in India, the US, Brazil, and Mexico. They develop specialty medicines for women’s health and rare diseases.
Address: Kalpataru Inspire, 3rd Floor, Off Western Express Highway, Santacruz (East), Mumbai, Maharashtra, India, 400055.
Abbott India Ltd is a leading pharma enterprise in India that provides a vast range of nutritional, diagnostic and medical device solutions in India. The company operates with strong R&D and focuses on addressing women’s health, mental disorders and rural access. It is a market leader in various categories and focuses on accessible and relevant solutions.
Address: Unit No.3, Corporate Park, Sion Trombay Road, Chembur, Mumbai, Maharashtra, India – 400071
Apikos Pharma is counted among the top 20 Pharmaceutical companies in Maharashtra. It is an ISO and GMP-certified pharma company in India. It was established in 2014 and provides affordable and quality healthcare medicines all over India. The company provides PCD pharma opportunities, including marketing materials, to help them succeed.
Address: B-1/304, 2nd Floor, Laram Center, M.A. Road, Andheri-West, Mumbai – 400058.
Alkem Laboratories Limited is an Indian multinational pharmaceutical company formed in 1973. The company develops and markets products across various therapeutic fields, including anti-infectives, cardiology, diabetes, and neurology. They have a diverse product portfolio that covers 800 brands and have a global reach in over 40 countries. It operates through many state-of-the-art manufacturing facilities and R&D centers in India.
Address: Alkem House, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013, Maharashtra, India
Wockhardt Ltd has earned a strong reputation in the Indian pharma market. It has 12 manufacturing facilities in India, the US, the UK and Ireland. The company produces diverse formulations, biopharmaceuticals, vaccines, and APIs. It was founded by Dr. Habil Khorakiwala. Additionally, it is one of the largest manufacturers of Dextromethorphan Hbr API in the world.
Address: Wockhardt Towers, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India
The next name in the list of the top 20 pharmaceutical companies in Maharashtra is Piramal Enterprise Ltd. The company is widely recognized for addressing social issues in education, healthcare, etc. They emphasize the “Do well and do good” slogan and have knowledge, action, care, and impact as core values. Moreover, the company has a strong global presence in over 30 countries.
Address: Piramal Ananta, Agastya Corporate Park, Opp. Fire Brigade, Kamani Junction, LBS Marg, Kurla (West), Mumbai – 400 070.
Serum Institute of India Ltd. was founded by Dr. Cyrus S. Poonawallain the year 1966. The company is recognized as the world’s largest vaccine manufacturer and produces more than 1.5 to 2 billion doses in a year. Their mission is to provide highly specialized, life-saving biologicals at affordable proces. They also export vaccines to over 170 countries.
Address: 501, Dalamal Tower, 212, Nariman Point, Mumbai – 400021, Maharashtra.
IPCA Laboratories is one of the top pharma companies in Maharashtra. Established in 1949, the company is a key player of APIs such as Chloroquine Phosphate, Hydroxychloroquine Suphate and Atenolol. They also have a dedicated R&D centre in Mumbai for innovation and development of new products. The pharma company has produced 350 formulations and 80 APIs till now.
Address: 48, 123 AB, 125 & 126, Kandivli Industrial Estate, Kandivli (West), Mumbai, Maharashtra, 400067, India.
Featured next in the list of top 20 pharmaceutical companies in Maharashtra, Indoco Remedies, is known for its high-quality and affordable medicines. It is a 78 years old fully integrated and research-oriented company. The company ranks among the top 5 Indian therapeutic segments and 7th in overall India. Moreover, they serve 55 countries with a strong focus on opthalmics, injectables, and dentistry.
Address: Indoco House, 166 CST Road, Vidyanagari Marg, Kalina, Santacruz (East)), Mumbai – 400 098, Maharashtra, India
RPG Life Sciences Ltd has secured its place among the best pharma companies in Maharashtra. They offer a wide range of medicines, including domestic formulations, International generics, and active pharmaceutical ingredients. RPG Life Sciences Ltd
Covers 13+ therapeutic areas with expertise in nephrology, oncology, and urology. The company manufactures popular brands such as Serenace, Naprosyn,n and Azoran.
Address: RPG House, 463, Dr. Annie Besant Road, Worli, Mumbai – 400030, Maharashtra, India
Unichem Laboratories Ltd. is a major Indian pharmaceutical company founded in 1944. It is focused on developing, manufacturing, and marketing APIs in key therapeutic areas like cardiology, neurology, and gastroenterology. The company has manufacturing sites in Goa, Ghaziabad, Pithampur, and Baddi. They also provide services such as contract manufacturing and collaborations with other pharma companies.
Address: 47, Kandivli Industrial Estate, Kandivli (West), Mumbai – 400067, Maharashtra, India
USV Ltd ranks 1 in the oral anti-diabetic and cardiology sector in India. The company has a strong international presence in countries like the USA, Europe, Mexico, Brazil, Turkey and various emerging markets, including Kenya, Uganda, Vietnam, etc. It is an ISO, WHO-GMP certified company and has 7-8 manufacturing plants in Daman, Baddi, Chiplun, Ambernat,h and Vadodara.
Address: Arvind Vithal Gandhi Chowk, B.S.D Marg, Govandi – East, Mumbai – 400088, Maharashtra
An ISO and WHO-GMP certified company that manufactures life-saving drugs at affordable rates in India. The company was inaugurated by Jawaharlal Nehru on March 10, 1954, and was the first company in India to produce antibiotics. The main manufacturing plant is situated in Pune, Maharashtra. Its initial mission was to make medicines affordable for the poor.
Address: Mumbai Pune Road, Pimpri, Pune – 411 018, Maharashtra, India.
Lastly, Blue Cross Laboratories Ltd. is a widely recognized pharmaceutical company that is known for its commitment to making quality medicines in both the Indian and International markets. Their leading brands include Meftal and Tusq. They cover various medical fields, including NSAIDs, respiratory care, anti-infectives, gastrointestinal health, cardiovascular disease management, and diabetes care. The company has state-of-the-art facilities in Nashik and Goa.
Address: Peninsula Chambers, Peninsula Corporate Park,
Ganpatrao Kadam Marg, Lower Parel (West), Mumbai – 400013, Maharashtra, India
The above-listed companies represent the top 20 Pharmaceutical companies in Maharashtra. These organizations manufacture their products with efficacy and reliability. Consider Servocare Lifesciences for PCD pharma franchise opportunities. With its strong product portfolio and ethical business practices, it can help grow your business in the pharmaceutical industry.
