Pharma Franchise In Himachal Pradesh

Pharma Franchise In Himachal Pradesh is one of the most beautiful states in northern India that has captivated not only tourists but the investments in the healthcare, engineering, and pharmaceutical industries. According to the Industrial Policy of 2004, the state provides various fiscal and policy benefits to firms. The primary driver of industry growth is the substantial pool of skilled labor, which makes the state an attractive location for the pharmaceutical arena.

Himachal Pradesh features 500+ pharma companies, given the state has a dynamic government policies that have attracted hefty investments lately. Pharmaceutical companies like Orange Biotech, Curasia Medilabs, Bioversal Remedies, Biostem Pharma, and Cipla have established their manufacturing premises in Himachal Pradesh with multiple pharmaceutical areas operating at Parwanoo, Baddi, Sansarpur Terrace, Amb and Paonta Sahib.

Furthermore, the majority of industrialists believe that the pharmaceutical industry’s overall turnover, which includes small, medium, and large businesses located in the entire Baddi, Barotiwala, and Nalagarh belt amounts to Rs. 30,000 crores. The Baddi belt comprises about 200 mini pharmaceutical units that account for approximately 77-80% of the total number of pharmaceutical divisions in the area.

Why Do Pharmaceutical Industries Flourish In Himachal Pradesh?

There are multiple reasons why pharmaceutical industries flourish in the state of Himachal Pradesh, such as:

• Favorable Policies & Encouragement By The Government: The state government of Himachal Pradesh has created quite the favorable environment for the growth of the Pharma Franchise In Himachal Pradesh. The Himachal Pradesh government offers several tax incentives, subsidies, as well as other benefits to attract and retain pharma companies. The government has also set up dedicated industrial parks along with special economic zones for the pharma industry.
• Close Proximity To Raw Materials: The state of Himachal Pradesh is connected to major cities and ports, making it easier for pharmaceutical companies like Bioversal Remedies to access raw materials required for drug manufacturing. Moreover, the state is also home to several medicinal plants and herbs that are essential for the manufacturing of ayurvedic products.
• Presence Of Skilled Labor Force: Himachal Pradesh has a set of highly experienced and skilled labor force with a large pool of science and engineering graduates that has made it easier for pharmaceutical companies to acquire the right talent for their research and manufacturing activities.
• Presence Of Quality Infrastructure: The state of Himachal Pradesh consists of a well-developed infrastructure consisting of power supply, internet connectivity, and good roads. The presence of such infrastructure has made it easier for pharmaceutical companies to set up as well as operate their manufacturing facilities.
• Low Cost Of Production: The state of HP offers lower costs of production as compared to other states in India and this is the result of lower power tariffs, land prices, and labor costs. These factors have attracted multiple pharmaceutical companies to set up their manufacturing units in the mountainous state.

Hence, owing to the optimal combination of skilled labor along with favorable government policies, high quality infrastructure, and presence of raw materials, Himachal Pradesh has become an attractive and important destination for pharmaceutical companies.

Why Choose Bioversal Remedies as the PCD Pharma Franchise Investment in Himachal Pradesh?

Bioversal Remedies is one of the reputed Pharma Franchise In Himachal Pradesh, manufacturing over 400 products from injectables and antispasmodic tablets to syrups and other medications. With its headquarters based in Ambala, Haryana, Bioversal has spread its roots across India including Himachal Pradesh.

We, at Bioversal Remedies recognize the immense potential that Himachal Pradesh holds in terms of manufacturing and labor aspects, as a result of which the consistency of Bioversal paired with your investment will yield profitability and growth via our WHO and GMP certified units made under the supervision and compliance of trained pharmaceutical experts.

Additionally, Bioversal Remedies is an ISO 9001:2015 certified company that adheres to all bylaws and procedures required to run a successful pharmaceutical company and we hold all adequate licenses for the same. Choosing a company as secure and stable as Bioversal Remedies to invest in a Pharma Franchise In Himachal Pradesh ensures one gets exclusive holding and distribution rights in specific areas.

Since its establishment, Bioversal has earned the trust of its customers and acquired a prominent reputation which is a benefit to the franchise investors along with the company’s ethics, high quality products, and customer satisfaction.

Connect with Bioversal Remedies and allow us to deal with any queries or interest that you might have in Pharma Franchise In Himachal Pradesh and partnership deals.