The pharma sector in India is over ₹4.5 lakh crore in value and is increasing at 12% annually. With over 10,000 units of manufacturing and 3,000 pharma companies, the trend is strongly in favour of self-sustained business models. Moreover, the reliable PCD pharma franchise with own manufacturing company has a lot of demand. Furthermore, the model is beneficial to investors in terms of quality control, lower lag, and greater profit. As such, it is becoming more and more well-liked in towns and cities.
So, for aspiring businesspeople, this is a low-risk entry into the medical field with steady growth. Venistro Biotech has done the heavy lifting for them by providing franchise opportunities supported by in-house manufacturing. As a result, in this blog, we will look at how to select the best PCD pharma franchise in India.
Why Is This Business Model Becoming So Popular?
- If the company owns the production plant, you do not have to suffer from third-party delays. Every batch is manufactured in-house. Faster supply, better inventory, and happy customers are the results of this.
- Eliminating the middlemen is less expensive. That’s your profit. In an economy such as India’s, where the affordability of medicine is in question, the model is effective.
- Quality is guaranteed when using WHO-GMP and ISO. Products are relied upon by doctors, chemists & patients.
- The parent company takes care of everything, from marketing assistance to packaging and shipping. Furthermore, this delegation of responsibilities allows you to plan your time effectively & concentrate on growth.
- The PCD pharma franchise with own manufacturing company model is increasingly becoming popular due to these reliable functional advantages.
Major Areas That One Should Research Before Co-Partnering
Check Their Certifications
Original pharma companies always possess genuine drug licenses, manufacturing licenses, and GST registration. These documents support the efficient and legal operation of your company. Legal issues could arise for a pharmaceutical company that lacks certifications. Hence, such issues can adversely affect both your franchise and your reputation in the marketplace.
Review the Product Range
Having a constant stream of goods allows you to access more chemists and doctors. Verify that the business specialises in:
A large range of products increases your reach. For example, a PCD pharma franchise with own manufacturing company can give investors more than 300+ medicines in different categories. And also think about the packing. The right branding leads to faster conversions and creates an image of the marketplace.
Verify Delivery and Support Services
- It’s all about on-time delivery in pharma. Ask the company:
- Do they have in-house logistics?
- What’s the average delivery time?
- How do they manage packaging and dispatch?
Also, ensure that they grant monopoly rights. This partnership will allow you to start your business, free from competition within the company. Moreover, a well-established, own manufacturing pharma franchise in India will provide marketing materials, samples, and business cards in the support package.
Final Thoughts
If you want a stable, profitable, and growing business in India. You should surely think about the PCD pharma franchise with own manufacturing company as the best choice. This model focuses on maintaining quality, better returns, and full company backing. Venistro Biotech offers complete support and is one of the well-established pharma companies offering its own manufacturing pharma franchise in India. From the product range to timely dispatch, every process is managed with professionalism. Their certified production unit provides the best quality medicines, thereby increasing your brand image in the market.
A unique approach is important in the ever-evolving pharma industry in India. Having a trusted partner and in-house production support makes it easier to reach success sooner.
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Frequently Asked Questions
Q1. What is “own manufacturing” in a PCD pharma franchise?
Ans. This means that the company manufactures its own products, rather than outsourcing production. Moreover, this competing approach aims to provide control and faster supply.
Q2. Is a license required to start a pharmaceutical franchise in India?
Ans. Yes, you must first obtain a GST number and a drug licence in order to start legally.
Q3. What kind of assistance is offered by the franchise?
Ans. They provide you with product training, marketing material, monopoly rights & quick delivery support to help you grow.