Goa is a state in India that is famous for tourism and beaches, but now it is India’s fastest growing market for the pharmaceutical sector. it is known for its advanced healthcare infrastructure, with the rising demand for quality medicines and a supportive business environment. Goa is trending for the pharmaceutical industry and is now a hotspot for entrepreneurs who want to start a PCD pharma franchise business.
If you are planning to invest in a PCD pharma franchise business, then you should always check for the right company to invest and choosing the right partner is always the most crucial step. So in this article, you will explore the top 10 PCD pharma franchise companies in Goa and their benefits to partners. So let’s dive into the pharma industry, check out which pharmaceutical industry is best for your business growth.
Why you should start a PCD pharma franchise in Goa?
Goa is well known for beach tourism, and it also provides the best healthcare services. With all these pharmaceutical industries is also expanding with various growth factors:
- As people are becoming health-conscious and rising healthcare awareness is the main reason for the rising demand for quality pharmaceutical products.
- This state has modern infrastructure and healthcare centres
- The PCD franchise in Goa offers great profit margins with low investment
- Businesses with monopoly rights help franchise partners to operate without competition in selected areas.
How can you choose the best PCD pharma franchise company in Goa?
- Always check the certification of the companies and choose those with WHO, GMP, ISO, and DCGI approvals.
- Select a company who have a wide range of quality products
- Ensure monopoly rights in your selected area.
- Choose a company that offers high profit margins and incentives
- Many PCD pharma franchise companies offer promotional and marketing support to help in faster business growth.
What is the market for PCD pharma franchise in Goa?
The pharma market in Goa is rising, as the reports gathered from The Navhind Times, Gomantak Times, and the Directorate of Food and Drugs Administration:
| Goa Pharmaceutical Export Performance | · Pharmaceutical export increased by 22% in 2024, reaching INR 6,527.1 Crore.
· Goa ranked as 6th in Indian states in pharma exports, which contribute 5.6% of India’s total pharma. · India’s pharma exports valued at INR 1,15,786.6 crore in 2024, approx. |
| Goa’s Pharma Industry Scale | Goa alone generate an annual income of INR 7,500 crores in the pharmaceutical sector with a growth rate of 15% per year. This provide employment to 25,000 people. |
| Overseeing Pharma regulation in Goa | · DFDA, Government of Goa, is the statutory authority for drug regulation in the state.
· Drug and Cosmetics Act, 1940, ensures the quality of drugs and cosmetics that are sold in the state |
| Industrial Scale and Position | Now, Goa is a hub for pharmaceuticals with dozens of licensed pharma units, and Goa accounts for a significant share of India’s Drug manufacturing. |
Top 10 PCD Pharma Franchise Companies in Goa
Colorcon
This company was established in 1961 and helped thousands of partners toward their market goals strategically and successfully. They support healthcare and pharmaceutical organisations to navigate common technical and regulatory hurdles. This company’s mission is to lead the industry with a commitment to innovation, quality and collaboration.
- Embrace the value of collaboration by working together
- Create an environment for constant improvement
- Reach in 40+ countries, and 16 manufacturing units
Address: Plot Nos. M14 – M18, Verna Industrial Estate Verna, Goa 403722
Agarwal Group Goa
This is the oldest pharma company in Goa, which was established in 1968 as Drugs and Chemical India. It is engaged in the manufacturing of small volume parenteral formulation in different Ampoules, Ophthalmic, and Otic preparations. It focuses on building a globally oriented, professionally managed, and environmentally conscious organisation to provide the best in quality healthcare.
- Manufacturing of products with quality
- Satisfaction of the customers
- Maintaining high standards of GMP, GLP, and Good distribution practices.
Address: DCI Pharmaceuticals Pvt. Ltd. Vidhyanagar, Margao, Goa 403601
Geno Pharmaceuticals Pvt. Ltd.
This company always provide superior healthcare products, and from the very beginning, they have focused on following their principles and a single-minded objective to guard the health of millions through their ceaseless pursuit. They make sure their processes of procurement, manufacturing and distribution take the greatest care.
- Empathetic and consumer-focused
- Cutting-edge technology
Address: Pharmaceutical complex, Tivim Industrial Estate, Karaswada, Mapusa, Goa 403526
Makyona Pharma
This company was founded in 2022, and focuses on a modern, innovative space designed to help drive pharmaceutical breakthroughs from ideal to full-scale production. They have cutting-edge research labs with flexible pilot-scale production, creating a seamless environment for everything from small to large batch manufacturing.
- Build high standards of quality and compliance in mind.
- Collaborative space where innovation and execution come together
- Advanced analytical study and AI-driven drug development
Address: SC/1-29, Industrial estate, Verna Industrial Estate, Verna, Kesarvale, Goa 403722
Centaur Pharmaceuticals
This company ranks among India’s, which is quite famous for its fully integrated pharmaceutical firms with proficiencies across the pharmaceutical value chain. It synergises across API, R&D, and CRAM. Clinical research and formulation to provide end-to-end solutions to pharmaceutical partners.
- Transforming lives and shaping the future of healthcare
- Developed the API and formulation in-house
- WHO-GMP approved formulation facilities
Address: Karaswada, Goa, India
Cadila Pharmaceuticals Limited
This company aims to establish a leading Indian pharmaceutical company, believing in making modern medicine affordable and accessible to the last man in society. They offer cost-effective drugs that eventually changed the dynamics of the healthcare industry.
- Strong API Legacy
- State of the Art Manufacturing
- Robust Research
Address: Kundaim Industrial Estate, Kundaim, Goa, 403512
Unichem Laboratories Limited
This company has become one of India’s most respected pharmaceutical companies, which is committed to delivering better health through superior products. By combining strategic research and in-depth industry knowledge, this aims to transform itself into a global pharmaceutical drug.
- Increasing focus on cutting-edge research and development markets
- Integrated with API manufacturing
Address: Plot No 12 to 14, Pileme Industrial Estate, Pilerne, Bardez, Goa 403511
Teva India
This company offers adaptive and accessible solutions for patients and mission to be a global leader in generic and biopharmaceuticals, improving the lives of patients across the globe. They strive to develop innovative speciality treatments and recently launched treatments addressing needs in migraine and movement disorders.
- Deliver 3,500 different products to patients in more than 60 countries
- Have a global supply chain and the most complex of any pharmaceutical company
- Goal is to get the right medicine where and when they need it.
Sun Pharmaceuticals Industries Ltd.
This is India’s best pharmaceutical company, which is a leading global player in speciality medicines. There are 40 manufacturing facilities and a diverse portfolio that deliver high-quality medicines across 100 countries. Driven by innovation to enhance access to medicines and improve patient care to create better health outcomes for millions around the world.
- Wide range of products
- Leading global player in speciality medicines
Address: Plot No B2, Marcaim Industrial Estate, Marcaim, Goa 403404
Indi Pharma Pvt. Ltd.
This company is the fastest-growing with an all-India presence in the pharmaceutical sector. Its mission is to create a healthier and better world and to provide the highest quality formulations and topical applications in the selected areas. It evolved into a modern pharmaceutical company, with policies in sync with global trends in medicines.
- Fastest-growing and young company
- Highest quality formulations
Address: 3rd floor, Dempo Trade, Centre Building, Patto Plaza, EDC complex, Panaji, Goa 403001
Final Thoughts
Goa is a great place to launch a PCD pharmaceutical franchise. The aforementioned businesses are some of the most reputable and trustworthy in the sector. Working with one of these top 10 PCD pharma franchise firms in Goa will help you establish a successful and long-lasting business, regardless of your level of experience.
FAQs
How can you choose the best PCD pharma franchise company in Goa?
Always look for company certification like WHO, GMP, ISO and the range of products they are providing.
In Goa, do PCD pharma companies offer monopoly rights?
There are lots of companies that provide monopoly rights, like Hacks and Slack Healthcare, that offer monopoly rights, so there will be no competition in the selected area.
What are the essential documents required to start a PCD pharma franchise business in Goa?
A drug license is mandatory, and other documents, be as GST number, shop license, and your identity cards, etc.
How does Goa contribute Indian Pharmaceutical market?
Goa ranked as 6th in India’s pharma export, and in recent years, the pharma market has increased, which helps in the nation’s economy, as well as providing employment in the pharma sector.
In Goa, who ensures the quality of drugs and cosmetics?
To ensure the quality of drugs, the Government of India, under the Drug and Cosmetics Act 1940, ensure the quality of drugs.
Why is the PCD pharma franchise in Goa rising?
With the increasing awareness among people, modern infrastructure, great profit margins, and low investment.
