Home » PCD Pharma Franchise » Top 35 Pharma Companies in Madhya Pradesh

Top 35 Pharma Companies in Madhya Pradesh: Do you know? Madhya Pradesh is a rapidly emerging hub in India’s pharma industry, which is hosting over 350 pharma units, including 100+ formulation manufacturers. Despite contributing just 2% to Madhya Pradesh’s total industrial output, the sector’s growth potential is massive, with a market valued at approximately ₹10,000 crore as well as growing at a steady 5.7% annually. There are 60,000+ medical stores across the state that are offering a wide range of pharma products.
According to the recent survey, Madhya Pradesh has a recognized pharma cluster and made significant strides in exports, climbing from 15th to 11th place nationally in FY 2024-25, owing to its pharma market. For starting the pharma business, it is a daunting task to choose the right pharma partner among numerous options.
Therefore, we bring a list of the Top 35 Pharma Companies in Madhya Pradesh that are certified, as well as offer a wide range of quality pharma products at affordable costs.
| No. | Company Name | Address |
| 1. | Janaxa Pharmaceuticals | Madhya Pradesh |
| 2. | Amixor Pharmaceuticals | 407, A, PRK Maple, AB Rd, Rau, Indore, Madhya Pradesh |
| 3. | BMW Pharmaco India Pvt. Ltd. | BMW House, 15/3, BMW Street, Lalpur Road, Gwarighat, Jabalpur, Madhya Pradesh |
| 4. | Hind Pharma | 11-G, JK Road Industrial Area, Govindpura, Bhopal, Madhya Pradesh |
| 5. | ARISTO Pharmaceuticals | Plot No 208, 76 & 77, Street Number 2, New Industrial Area, Mandideep, Bhopal, Madhya Pradesh |
| 6. | CYANO PHARMA (P) Ltd. | 115/C, Pologround Industrial Estate, Malti Vanaspati, Indore, Madhya Pradesh |
| 7. | Modern Laboratories | Plot No 45 Sector D, 2, Industrial Area, Sanwer Road Industrial Area, Indore, Madhya Pradesh |
| 8. | PCI Pharmaceuticals / Pharma Corp Inc Pvt Ltd | Plot No. 49, S.K. Compound – 1, MR-11, Lasudia Mori, Dewas Naka, Indore, Madhya Pradesh |
| 9. | Lupin Limited | Plot No 198-202, Ward Number 11, Narmadapuram Rd, Nr, Mandideep, Bhopal, Madhya Pradesh |
| 10. | Cipla Limited | Plot No. 9-10, Sez Pharma Zone, Sector No 3, Pithampur – 454775, Madhya Pradesh |
| 11. | Ipca Laboratories Ltd. | 89 – A. B. / 90 – 91, Industrial Estate, Indore, Madhya Pradesh |
| 12. | Symbiotec Pharma Lab Pvt. Ltd. | 385/2, Gram Pigdambar, Near Hotel Maohal Off, A.B. Road, Rau, Indore, Madhya Pradesh |
| 13. | Syncom Formulation India Ltd. | 256-57, Sector – 1, Pithampur, Dhar, Madhya Pradesh |
| 14. | Zest Pharma | Plot No. 275, Sanwer Road, Indore, Madhya Pradesh |
| 15. | Alpa Laboratories Ltd. | 33/2, Pigdamber Road, Indore, Madhya Pradesh |
| 16. | Plethico Pharmaceuticals Ltd. | A.B. Road, Mangliya, Indore, Madhya Pradesh |
| 17. | Mcw Healthcare Pvt Ltd | Block 286, Sanwer Road, Sector E, Indore, Madhya Pradesh |
| 18. | Beryl Drugs Ltd. | Plot No. 124, Industrial Estate Sector – 1, Pithampur, Dhar, Madhya Pradesh |
| 19. | Piramal Health Care Ltd. | 67-70, Sector II, Pithampur, District-Dhar, Madhya Pradesh |
| 20. | Unichem Laboratories Ltd. | Plot No. 197, Sector-1, Pithampur, District-Dhar, Madhya Pradesh |
| 21. | Medgel Private Limited | Plot No. 19- 20, Phase-II, SEZ, Pithampur, District-Dhar, Madhya Pradesh |
| 22. | Glenmark Generics Limited | Plot No. 2, Phase-II, Indore SEZ, Pithampur, District-Dhar, Madhya Pradesh |
| 23. | Mylan Laboratories Ltd. | Plot No. 11, 12 & 13 Indore SEZ Special Economic Zone, Pharma Zone, Phase-II, Sector–III, Pithampur, District-Dhar, Madhya Pradesh |
| 24. | Albert David Limited | 207, New Industrial Area, Mandideep, District Raisen, Madhya Pradesh |
| 25. | Ives Drugs India Private Limited | 504, Chetak Centre, 12/2, RNT Marg, Indore, Madhya Pradesh |
| 26. | Schon Pharmaceuticals Limited | 145/2 A.B, Jambudi Hapsi, Hatod Road, Indore, Madhya Pradesh |
| 27. | Luckys Pharma | Plot no 82, 1st Floor, Jaora Compound, Near Police Lines, Indore, Madhya Pradesh |
| 28. | Ajmera Pharmaceuticals | B/9-A, Industrial Estate, Pologround, Indore, Madhya Pradesh |
| 29. | Bharat Vitamins Pvt. Ltd. | 18-A, Sector G, Ring Road, Bharat Nagar, Bhopal, Madhya Pradesh |
| 30. | Endo Laboratories Ltd. | Dawa Bazar, RNT Marg, Indore, Madhya Pradesh |
| 31. | Guapha Pharmaceuticals | 401, Wright Town, Opp. Datt Mandir, Jabalpur, Madhya Pradesh |
| 32. | Lifespan Biotech Pvt. Ltd. | Plot No. 36 New Industrial Area Phase 2 Mandideep Raisen, Madhya Pradesh |
| 33. | Parenteral Drugs (I) Ltd. | Village – Asrawed P.O. Dudhia, Indore, Madhya Pradesh |
| 34. | Ankur Drugs & Pharma Ltd. | Plot No. 17-18, Sector A, Sanwer Road Industrial Area, Indore, Madhya Pradesh |
| 35. | Sellwell Pharmaceuticals Limited | 92, Narwal Sanwer Rd, Sector E, Sanwer Road Industrial Area, Indore, Madhya Pradesh |

Janaxa Pharmaceuticals was established in the year 2007 and is considered one of the Top 35 Pharma Companies in Madhya Pradesh. This company is ISO, GMP, and WHO-certified that offering 300+ excellent quality, safe, and reliable products. It strictly adheres to the WHO and GMP norms. As a leading PCD pharma franchise company, Janaxa Pharmaceuticals is trusted by a large customer base across 22 states in India.
This organization provides exclusive monopoly rights and products, including Tablets, Capsules, Soft Gel Capsules, Syrups, Injections, Gynae, Nutraceuticals, and Pediatric products. It specializes in high-demand categories, such as anti-bacterial, anti-allergic, antibiotic, and antifungal products.

Another one of the top 10 PCD pharma companies in Madhya Pradesh is Amixor Pharmaceuticals, which offers reliable medicines to help individuals lead healthier lives. Amixor Pharmaceuticals offers a broad range of formulations, including Tablets, Capsules, Ointments, Syrups, Injections, Ophthalmic products, and other health supplements. This organization deals in essential and high-demand therapeutic areas, like Antibiotics, Injection, Diabetes Care, Cardiac Care, Anti-Malarial, Gastrointestinal, Gynaeco Care, and Respiratory.
Address: 407, A, PRK Maple, AB Rd, Rau, Indore, Madhya Pradesh

Established in 1963, BMW Pharmaco India Pvt. Ltd. is the best PCD pharma franchise company in Madhya Pradesh. It is an ISO 9001:2015 and WHO-GMP-certified organization that offers 200+ safe, effective, and reliable products. This company provides territory-wise exclusive rights to partners, guaranteeing a protected market as well as lessening competition. BMW Pharmaco India Pvt. Ltd. is committed to long-term relationships with clear and transparent communication.
Address: BMW House,15/3, BMW Street, Lalpur Road, Gwarighat, Jabalpur, Madhya Pradesh.

Hind Pharma was founded in 1977 and is recognized as one of the Top 35 Pharma Companies in Madhya Pradesh. This company is fully compliant as well as certified with NSF, GMP, FDA, CE, GLP, and multiple ISO standards (9001, 14001, 45001, 13485). It provides services for authorized distributorship, large-scale institutional supply, emergency relief supply, private label manufacturing, and tender opportunities for long-term partnerships. Hind Pharma is offering its quality products to more than 65 countries.
Address: 11-G, JK Road Industrial Area, Govindpura, Bhopal, Madhya Pradesh.

ARISTO Pharmaceuticals offers a wide range of quality products and is considered one of the top 20 PCD pharma companies in Madhya Pradesh. This organization believes in introducing well-differentiated formulations backed by an innovative research and development team. It has ten brands featured in the coveted top 300 brands of the Indian Pharma Market. ARISTO Pharmaceuticals operates with a dedicated Front Line Sales Force of 5100.
Address: Plot No 208, 76 & 77, Street Number 2, New Industrial Area, Mandideep, Bhopal, Madhya Pradesh

CYANO Pharma is one of the top 50 PCD pharma companies in Madhya Pradesh, which was established in 1965. This company offers quality, effective, safe, and reliable pharma products at affordable prices. It is considered a leading manufacturer of Generic & Patent Allopathic as well as Ayurvedic pharmaceutical formulations. CYANO Pharma is an ISO 9001:2015 and GMP-certified company that holds several licenses, like a Biological License and a Non-Biological License.
Address: 115/C, Pologround Industrial Estate, Malti Vanaspati, Indore, Madhya Pradesh

With more than 45 years of expertise, Modern Laboratories has achieved immense success in the pharma industry. This company was established in 1979 by Mr. P.C. Kharia, who offers quality medicines by focusing on drug safety, efficacy, and accessibility. Modern Laboratories provides a comprehensive product range, covering Anti HIV, Anti-Biotics, Mental Wellness, Antidiabetic, Antimalarial, Anaesthetics, OTC Products, and Veterinary Products.
Address: Plot No. 45, Sector D, 2, Industrial Area, Sanwer Road Industrial Area, Indore, Madhya Pradesh.

Pharma Corp Inc Pvt. Ltd./PCI Pharmaceuticals has more than 15 years of experience and is known as one of the Top 35 Pharma Companies in Madhya Pradesh. This organization offers 500+ pharma products and covers 20+ states. It has made 1,000+ clients happy by providing a diverse array of pharmaceutical products. As a leading PCD pharma company, Pharma Corp Inc Pvt. Ltd. is known for exceptional customer support with a caring, friendly, and prompt approach.
Address: Plot No. 49, S.K. Compound – 1, MR-11, Lasudia Mori, Dewas Naka, Indore, Madhya Pradesh

Lupin Limited maintains 15 international manufacturing facilities as well as 7 R&D centers. This reputed organization offers its quality products and services to more than 100+ countries. It employs 24,000+ individuals internationally by offering 1000+ effective and safe products. Lupin is recognized as one of the Top 35 Pharma Companies in Madhya Pradesh, which is committed to innovation and continuously expanding its pharma product portfolio.
Address: Plot No 198-202, Ward Number 11, Narmadapuram Rd, Nr, Mandideep, Bhopal, Madhya Pradesh.
