Reasons for the Pharma Franchise Growth in India

Reasons for the Pharma Franchise Growth in India – There are many pharma companies established in India. Now it has become very difficult for a pharma professional to enter and set up a business in the pharmaceutical industry. Even though if they somehow manage to enter into the business, most of the companies do not have the proper technology and raw materials. Moreover, it also includes a skilled team of experts, managerial, and marketing skills. The use of technology and machines are not only the way to success, but a company also required accurate strategy and measures to implement.

The operational skills and marketing can be developed with time, but then the scarcity of resources can take your company back from success. Therefore, if you possess marketing skills and strategy but don’t have enough resources then opting a pharma franchise will be a great choice. Moreover, Collaborating with the reputed company like Penardo Biotech gives you an upper hand in the pharma industry. The pharma franchise business gives numerous opportunities to small business seekers and small investors.

Penardo Biotech assures you to provide safe, effective and durable drugs at most affordable prices. Therefore to avail our Pharma Franchise services or want to get any information regarding our company. Just give us a call at +91-9855087879 or you can also drop us a mail at penardobiotech@gmail.com.

A Glance At the Pharma Industry in India 

The Indian pharmaceutical industry is growing rapidly. The industry consists of a lot of pharma companies. With the advancement and time, many multinational companies from foreign started to set up their subsidiaries. For many foreign companies, the quantity and quality of good manpower along with low-cost manufacturing made it a profitable deal. The government of India has also taken a step forward to increase the healthcare sectors which provide quality medicines and drugs to society. Well, the growth of Indian pharmaceuticals has been increasing tremendously from past many years with all due support of the government. Here are some figures that you must know:

• The Indian pharmaceutical industry is growing at a rapid speed of approximately 10% every year. It covers the global share market of around 1-2% share. 
• This industry was estimated by USD 7 billion in 2018 which is growing at a CAGR of 15.95%. 

Benefits of Taking a Pharma Franchise from Reputed Pharma Company

Penardo Biotech is the most trusted and reliable company in India that deals in providing high-quality drugs. Instead of opening up a new business, you can take the franchise from the pharma companies and you can avail their offers. The reputed pharma companies can offer you all their resources and technology. But before collaborating with them they will ensure a lot of things about you like you should have brief knowledge about pharma medicines, your location, competition in the market and rules imposed by the government. If you qualify all those requirements then the company will give you a pharma franchise in India.

The pharma companies also deal in providing various drug segment to its franchise holders. You get many options to choose from several categories such as antibiotics, antidepressant, anti-anxiety, anti ulcerates, gastro medicines, calcium tablets etc. Also, you get the drugs in various dosage formulations like tablets, capsules, syrups, dry syrups, sachets, protein powders, oral suspensions, topical solutions etc. Adding to this, the investment required and risk involved is also very less in the pharma franchise business.

Pharma Franchise Growth Opportunity in India 

India is described as the best market for any type of products, because of its immense population. Due to the increase in the number of people, the consumption rate is also high. In the coming years, the need for medicines will be much higher, because nowadays people are coming across with many new viruses and diseases. In order to give the proper healthcare medication treatment pharma companies has to work hard. Hence the demand will increase and the market will also increase.

Conclusion

Pharma franchise is a fruitful business which gives benefit to both pharma companies and franchise holders. It acts as a bridge between the pharma company and customers. Be the partner of Penardo Biotech to gain a better experience of work in the pharmaceutical industry.