How to Start a PCD Pharma Company in India

The Propaganda Cum Distribution model essentially grants someone or a company the sole rights to sell their medicine under the name of the company. It’s highly beneficial for pharma individuals who want to start their own business without paying for product manufacturing or R&D. It’s a great idea to start a PCD pharma company in India because there are no risks and huge returns. The Indian pharma industry is likely to grow beyond ₹3 lakh crore by 2025, and it’s growing by around 10% annually. With over 65% of medicines being retailed through PCD channels, such an arrangement is flying high.

Investors receive exclusive rights, product support, and sales brochures, so it’s extremely easy to get into the pharma business. Hence, all you need is a little business knowledge, a drug license, and a good company to tie up with. The scope is huge, and you can easily make some substantial profits.

Essential Steps to Start a PCD Pharma Company in India

Proper Registration and Legal Framework

Starting a PCD pharma company begins with documentation. To start with, you need to choose a unique company name and get it registered under the Companies Act. Furthermore, you can have a proprietorship, partnership, LLP, or private limited company as you desire.

So, the second thing you have to do is obtain a Drug License and register for GST. You cannot do without these; they are extremely important for distribution. The Drug License is obtained from the State Drug Control Department. Having that genuine licence will make you look legitimate and can assist you in collaborating with good pharma manufacturers.

Setting Product Range and Segments

Once you have registered, now is the time to finalise the product line. You can opt for general medicine, paediatrics, dermatology, cardiac-diabetic, or ayurvedic lines.

Hence, you may begin by learning about 15–20 best-selling products, such as tablets, syrups, capsules, ointments, or injections. Hence, you can always expand upon it later, depending on how things proceed. Generics and antibiotic drugs are what most new PCD ventures begin with, since there is always a constant demand for them.

Choosing the Right Branding & Packaging

Packaging is the face of the brand. Opt for good-looking, pro-packaging solutions. Opt for blister or strip packs based on your budget. Furthermore, ensure that your company logo, product name, composition, MRP, and manufacturing details are included in the design.

Moreover, appealing packaging is what highlights the product and makes it more easily remembered. Private labeling or custom branding is also available from most manufacturers as an additional service.

Selecting a Reliable Third-Party Manufacturer

Deal with a good manufacturer who is punctual and consistent in quality. Go for those manufacturers who are ISO and WHO-GMP certified and have been in the market for quite a while now.

Additionally, your products will bear your company name thanks to the manufacturer. From there, you can then just focus on marketing, distribution, and expansion without a care about production.

Key Points during Choosing the Best PCD Pharma Company

1. Always check that the business offers ISO 9001:2015, WHO-GMP, or DCGI-approved products. A company with certification guarantees uniform formulation and safe packaging. A diversified portfolio of products favors the business in expansion.
2. You can run things your way in your own area if you have exclusive rights from a leading PCD pharma company. You will have a larger market share and less competition as a result. Choose a partner who really cares about your area and has your back completely.
3. Physician acceptance and brand recognition are reinforced with marketplace materials. Identify suppliers that offer visual aids, MR bags, prescription pads, product cards, gifts, and calendars.
4. Few companies offer PCD franchise schemes with low investment plans of ₹25,000 only. Hence, the most trustworthy PCD pharma company offers transparent rates, no hidden charges, and low MRPs to help you earn some money.
5. It is essential to have a responsible sales and customer service team. On-time dispatch, ready stock, correct billing, and tracking facilities on orders are all important. 24×7 support companies enhance your business and customer’ satisfaction.

Opportunities with the Best PCD Pharma Company in India

India’s growing demand for quality medicines has given the best PCD pharma company in India greater opportunities. In today’s time, individual distributors are more than 60% inclined to work under PCD models due to low capital investment. Those companies that have a multitude of products and continuous product development take centre stage. From antibiotics to herbal immunity supplements, demand is never-ending.

Franchise partners look for companies that have strong export-grade infrastructures, fast delivery, and adaptable packaging. Hence, the leading PCD pharma company in India not only ensures consistent products but also provides backend support, allowing partners to grow faster.

Wrapping Up

Starting a PCD pharmaceutical company in India is a profitable venture with countless prospects for expansion. With genuine licenses, a select range of products, and a trustworthy associate, success is within reach. Numark Laboratories is motivating hundreds of franchise partners to succeed through innovation, quality, and reliability. Hence, if you want the best PCD pharma company in India, Numark Laboratories provides unparalleled reliability, support, and opportunity.

Frequently Asked Questions

Q1. What type of licences are required to launch a PCD pharmaceutical company?

You will require a valid Drug License and GST number if you want to legally deal and sell drugs in India.

Q2. How much money do you need to begin a PCD pharma business?

You’re thinking of investing between ₹25,000 and ₹1.5 lakh, depending on the products you’re dealing with and the manufacturer’s policy.

Q3. Does starting a PCD pharmaceutical company require a medical background?

Of course, anyone can enter it after getting the paperwork done. Moreover,  it does help to have some experience in the pharma business.

Q4. Can you get a monopoly PCD franchise anywhere?

Absolutely! Old players offer monopoly rights for specific areas based on availability so that you do have that sole market control.