Top 10 Third Party Manufacturing Pharma Companies in Mumbai – Mumbai, The financial capital of India, is home to many companies from different industries. This metro city is globally known for its film sector while also adapting different kinds of industries from the corporate scenario. Nowadays, the impact of this city, on the Indian economy is completely outstanding. The pharmaceutical industry is one of the industries that has undergone rapid growth in Mumbai, Maharashtra. Third-party manufacturing is one of the most growing and demanding parts of the pharmaceutical industry of Mumbai. In this article, we are going to discuss the Top 10 Third Party Manufacturing Pharma Companies in Mumbai.
Well-established manufacturing approaches like Third-Party manufacturing have become rapidly popular to fulfill the high demand for quality medicines and healthcare products in the pharmaceutical field. This process permits people to employ skilled and capable manufacturing associates to form drugs and healthcare products under the company’s name.
Brief About Mumbai –
Mumbai, also known as Bombay, serves as the financial hub of Maharashtra. The estimated population of this city is almost 23 million people. Mumbai has a share of almost 6% of India’s GDP and produces the most revenue in different areas like hiring workers in factories, collecting taxes, managing customs duties, and many more. Also, there are many tourist appeals like the Asiatic Society, the Gateway of India, the Chhatrapati Shivaji Terminus, and the Bandra-Worli Sea Link, etc.
Demand of Third Party Manufacturing –
This manufacturing method of third-party is being favored by many people across the World and creates a high market demand for this process. As per trusted reports, the international market size of third-party manufacturing is expected to reach $587. 8 billion by 2032 from $ 249. 2 billion in the year 2022 at a rapid CAGR of 9. 2%. Also, participate in this modification by associating with a trustworthy and reliable company. In India, the third-party pharma manufacturing market reached a value of $19.63 billion and is expected to cross $38.93 billion by the end of 2032.
List of The Top 10 Third Party Manufacturing Pharma Companies in Mumbai
if you are in search of a solid and trustworthy manufacturer, we have provided you with a list of the Top 10 Third-Party Manufacturing Pharma Companies in India.
Matins Healthcare: A Leading Third Party Pharma Manufacturing Company in Mumbai –
Matins Healthcare is a leading third-party pharma manufacturing company that offers top-quality products at affordable prices in Mumbai and all over India. We deal with a wide range of pharma products which are DCGI-approved. Additionally, we focus to manufacturing the top-quality pharma formulation in the realm of Mumbai. The company have involvement in social welfare and takes initiatives to support the healthcare sector with high-quality formulations. However, Matins Healthcare provides a leveraging business opportunity that includes third-party manufacturing services to support the seamless operations of the pharma companies. Here are the reasons why you should choose Matins Healthcare as the leading third-party pharma manufacturing company in Mumbai:
- Years of Experience
With extensive experience, Matins Healthcare understands how to provide its customers with the highest quality products possible without compromising on excellence.
- ISO-WHO-GMP certification
Our production facility holds ISO-WHO-GMP certification and we strictly adhere to the regulations established by the proper authorities.
- An extensive list of Pharma Products
Matins Healthcare has carefully selected our offerings and continues to introduce new ones to satisfy the demands of the Indian market.
- Find a Complete Solution Under One Roof
Matins Healthcare offers a comprehensive range of services for outsourcing pharmaceutical production, encompassing raw material sourcing, research and development, manufacturing, quality control, packaging, and distribution.
- Reputation in Market
In India’s pharmaceutical sector, Matins Healthcare has consistently been the top and most dependable company with the manufacturing of high-quality pharma products.
Address: Plot no.10 Sector 5 IIE, SIDCUL, Haridwar, Uttarakhand 249403, India
Soigner Pharma-
Soigner Pharma is a well-known pharmaceutical company based in Mumbai, India, It is one of the leading pharmaceutical and third-party manufacturing companies with global networks. Their basic belief is that quality of medicine is the most important thing in the pharmaceutical sector to make sure for the better health of your patient. Also, this company has made investments in forming systems that allow medicines to be inexpensive as well.
Address: SCO-6, Wadhawa Nagar, Dhakoli, Zirakpur, Punjab 140603, India
Nisarg Pharma-
Nisarg Pharma was established in the year 2001 and is one of the customer-centered Third Party Manufacturing Pharma Companies based in Mumbai, India. This company promotes a different range of products in all main therapeutic regions like Herbal Supplements, Gastrointestinal, Rheumatoid arthritis, Diabetes, Dermatology, Gynecology, Urology, and Proctology. They provide a third-party manufacturing service for well-known pharmaceutical companies or brands.
Address: No 5/6/70, Laxmi Market, Siddhraj Road, Sidhpur-384151
Radisun Lifesciences –
Radisun Lifesciences is working from the year 2002 and is one of the popularly known pharma companies for third-party manufacturing in Mumbai. They are well-known suppliers and exporters & manufacturers of different forms of medicines like Tablets, Liquids, Kid tablets, ointments, gels, nutraceuticals, soft gels, and more. The manufacturing unit of this company have state-of-the-art equipment and ultra-modern technology that can manufacture drugs and healthcare products in substantial quantities for third-party pharma companies.
Address: plot 12 sector 6, G Block, Shivalik Nagar, Bharat Heavy Electrical Limited Ran, Uttarakhand 249403, India
Fitwel Pharmaceuticals Private Limited –
Fitwel Pharmaceuticals, located is an ISO and GMP-certified third-party manufacturing company based in Mumbai, Maharashtra. With a team of expert and skilled people, they are focus on excellence and work as dependable associates for businesses or industries in the requirement of premium third-party manufacturing services.
Address: 106, Scarlet Gateway, Corporate Rd, Prahlad Nagar, Ahmedabad, Gujarat 380015, India
Medicare Remedies Private Limited –
Medicare Remedies Private Limited started its manufacturing journey in the year 2007 and has built a strong existence for its wide range of product collection and client-centered approaches. Additionaly, Medicare Remedies focuses on fulfilling the manufacturing requirements of businesses while highlighting customer fulfillment and the quality of products.
Address: Plot No. 11, G, No 2&3, Surashreee CHS, Mugalsan Rd, near MSEB Staff Colony, Sector 20C, Airoli, Navi Mumbai, Maharashtra 400708, India
Sun Pharmaceutical –
Sun Pharmaceutical Industries Limited is a globally known and leading company in the pharmaceutical manufacturing industry, working in more than 100 nations. With a broad range of prescription and over-the-counter medicines and healthcare products, Sun Pharma always sets high benchmarks for excellence and creation within the pharmaceutical sector.
Address: Tandalja, Vadodara – 390012, Gujarat, INDIA.
Pax Healthcare –
Pax Healthcare is a Chandigarh-based pharma company that provides top-quality third-party manufacturing services in Mumbai, Maharashtra. It is a healthcare company focus to quality, safety, and creativity. Its manufacturing units are Equipped with cutting-edge equipment and ultra-modern technology and a committed R&D division that delivers the best outcomes that are safe and affordable.
Address: Vill. Bhud, NH-21 A, Baddi, Distt. Solan (H.P) 173205
Titan Pharma Pvt. Ltd –
Titan Pharma Pvt. Ltd was established in the year 2004 and has evolved as a well-known pharmaceutical company based in Mumbai, India, and also offering manufacturing services. The company aims to evolve into one of the swiftly growing companies and their products have DCGI approval. The company has an ISO certification and is well-known among pharmaceutical companies.
Address: 102, Titan House, MP Vaidya Marg, 60 Feet Road, Ghatkopar East, Mumbai – 400077
Glaxo Smith Kline –
The Glaxo Smith Kline was established in the year 1924 and has become an important part of the pharmaceutical industry. They have top-class manufacturing units and manufacturing units aimed at treating major disorders. The company is well-known for its top-quality pharmaceutical medicine, which instills confidence in its products among customers. Also, they have a strong exitance in a range of product regions like asthma, infectious diseases, mental health, and many more.
Address: Office No-401/402, 4th floor, A-wing, floral Deck Plaza, Mumbai.
Conclusion –
In Conclusion, the top 10 third-party manufacturing companies in Mumbai are the best in the pharmaceutical sector. They are always focus on quality, creation, and client satisfaction, making them worthy associates for industries requiring manufacturing solutions. These companies match regulatory laws, offer a broad range of products, and concentrate on consumer requirements, which are important for success in the competitive pharmaceutical market.
FAQS for the Top 10 Third Party Manufacturing Pharma Companies in Mumbai –
1. What do you mean by third party manufacturing companies?
The pharmaceutical companies contract the production of the products to other pharmaceutical manufacturing firms that offer third-party manufacturing services.
2. Is third party pharma manufacturing companies profitable in Mumbai?
Third party pharma manufacturing companies are profitable for both manufacturers and the pharma companies in Mumbai. To maintain the term profitability third party manufacturers should focus on the quality of formulations.
3. What is the cost of hiring third party manufacturing companies in Mumbai?
The cost of hiring pharma third party manufacturing services can range from 50,000 INR to 1,00,000 INR. However, the cost for third party services also depends on the company and manufacturing services you are hiring.
4. What are the advantages of hiring a third-party manufacturing company in Mumbai?
Here, is the list of the advantages of third-party manufacturing:
- Price-affordability
- Expertise and experience
- Quality assurance
- Scalability in operations