Pharma, Meditech & Medical Devices

Advancing Healthcare and Pharma Excellence

Madhya Pradesh’s healthcare and pharmaceutical sector has emerged as a dynamic and growth-driven industry, thanks to government initiatives, private sector investments, and innovative healthcare models. With an ecosystem attracting domestic and multinational firms, the state is rapidly positioning itself as a hub for healthcare and pharmaceutical advancements.

Key Highlights

#1

Largest Share in State’s Pharmaceutical Exports: Achieved exports worth ₹13,158 Cr in 2023–24
#2

Global Outreach: Pharmaceuticals exported to 160+ countries, including the US, UK, Russia, Netherlands, Germany, and Brazil
#3

Medical Device Park: India’s Largest Medical Device Park, spread across 360 acres with advanced infrastructure and testing facilities
#4

Employment Generator: The pharmaceutical sector provides direct and indirect employment to over 1,00,000 individuals
#5

Global Pharmaceutical Companies: Presence of Cipla, Novartis, Ranbaxy Limited, IPCA, and Lupin
#6

Compliance and Standards: Home to large number of WHO-GMP USFDA compliance units and over 300+ pharma units

Madhya Pradesh in the National Landscape

Ranked among the top 8 states for active pharmaceutical manufacturers

Hosts India’s largest medical device park in terms of acreage, offering state-of-the-art infrastructure and superior connectivity via road and air

Recognized for lucrative incentives, making it an attractive destination for healthcare and pharmaceutical investments

Why Choose Madhya Pradesh

The state offers a complete package of investor friendly policies, schemes, government support, cheap land, abundant resources, single window clearances and large domestic market and accessibility to more than 50% of India’s market

The state creates strong value proposition by offering excellent logistics connectivity & dense and quality network of world class educational and training institutions, contributing to industry ready talent pool

Key Players in the State