Top 10 Biotechnology Companies in India [2024 Updated] (2024)

September 27, 2022

Top 10 Biotechnology Companies in India [2024 Updated] (1)

For over two years, the Covid-19 Pandemic razed the globe, leaving countless casualties and irreversible damage in certain regions of the world.

When governments throughout the world were looking for strategies to control the pandemic, healthcare and biotechnology organisations rushed to deal with the crisis. They handled everything, from managing the ICUs to developing the vaccine.

In this globalised world, they highlighted their importance. So we’ve prepared a list of the top Biotechnology Companies in India that are striving to keep the planet healthy one step at a time.

Top 10 Biotechnology Engineering Companies – Overview

Here’s an overview of the top 10 Biotechnology engineering companies in India:

S.No.Company NameHeadquartersNo. of EmployeesAvg Fresher Salary Per Annum (INR)Career Page Link
1Serum Institute of IndiaPune, Maharashtra2,1154 - 6 LakhsVisit Now
2BioconBengaluru, Karnataka9,2343.5 - 5.5 LakhsVisit Now
3Dr. Reddy's Laboratories LimitedHyderabad, Telangana21,6504 - 6 LakhsVisit Now
4Bharat Serums and Vaccines LimitedMumbai, Maharashtra1,0534 - 6 LakhsVisit Now
5Indian Immunologicals LimitedHyderabad, Telangana1,1623 - 5 LakhsVisit Now
6Shantha BiotechHyderabad, Telangana8063 - 5 LakhsVisit Now
7Panacea Biotec LtdNew Delhi2,5643 - 5 LakhsVisit Now
8Novo NordiskBagsværd, Denmark48,4785 - 7 LakhsVisit Now
9GlaxoSmithKline Pharmaceuticals LtdMumbai, Maharashtra3,5004 - 6 LakhsVisit Now
10Wockhardt Ltd.Mumbai, Maharashtra7,9003 - 5 LakhsVisit Now

Top 10 Biotechnology Companies in India [2024 Updated] (2)

Top Biotechnology Engineering Companies in India

The following are the top Biotechnology Companies in India:

1. Serum Institute of India

Top 10 Biotechnology Companies in India [2024 Updated] (3)

Serum Institute of India (SII) is a biotechnology and biopharmaceuticals enterprise based in India. It was created in 1966 by Cyrus Poonawalla and is a subsidiary of the Cyrus Poonawalla Group.

It is the world’s largest vaccine producer. The organisation has collaborated with AstraZeneca, a British-Swedish multinational pharmaceutical corporation that developed ‘Covishield’ in association with the University of Oxford.

Established: 1966

Headquarters: Pune, Maharashtra, India

Engaged in:

  • Vaccines
  • Biopharmaceuticals
  • Generic drugs
  • Over-the-counter drugs

Customer Base:

  • Healthcare providers
  • Hospitals and clinics
  • Pharmaceutical distributors
  • Public health organizations

Global Presence:

  • Distribution in over 140 countries
  • Manufacturing facilities in India
  • Strategic partnerships with international pharmaceutical companies
  • Collaboration with global health organizations

Number of Employees: 2,115

Average Salary:

  • Entry-level: ₹4,00,000 – ₹6,00,000 per annum
  • Mid-level: ₹7,00,000 – ₹12,00,000 per annum
  • Senior-level: ₹15,00,000 – ₹25,00,000 per annum

Explore Career Page

2. Biocon

Top 10 Biotechnology Companies in India [2024 Updated] (4)

Biocon Limited is a biopharmaceutical business based in India. Kiran Mazumdar-Shaw established it in 1978. The company produces generic active pharmaceutical ingredients (APIs), which are distributed in over 120 countries worldwide.

In 1979, it became the first Indian business to produce and sell enzymes to the American and European markets.

Established: 1978

Headquarters: Bengaluru, Karnataka, India

Engaged in:

  • Biologics
  • Small molecules
  • Branded formulations
  • Research services

Customer Base:

  • Healthcare providers
  • Hospitals and clinics
  • Pharmaceutical distributors
  • Research organizations
  • International markets

Global Presence:

  • Distribution in over 120 countries
  • Manufacturing and research facilities in India
  • Strategic partnerships with global pharmaceutical companies
  • Export of products to major markets including the US and Europe

Number of Employees: 9,234

Average Salary:

  • Entry-level: ₹3,50,000 – ₹5,50,000 per annum
  • Mid-level: ₹6,50,000 – ₹10,00,000 per annum
  • Senior-level: ₹12,00,000 – ₹20,00,000 per annum

Explore Career Page

3. Dr. Reddy’s Laboratories Limited

Top 10 Biotechnology Companies in India [2024 Updated] (5)

Dr. Reddy’s Laboratories is a worldwide pharmaceutical corporation based in India. Kallam Anji Reddy established the organization. Dr. Reddy’s began by manufacturing active pharmaceutical ingredients.

Today, the business manufactures approximately 190 pharmaceuticals, as well as 60 active pharmaceutical ingredients (APIs) for drug manufacturing, diagnostic devices, intensive care, and biotech.

Established: 1984

Headquarters: Hyderabad, Telangana, India

Engaged in:

  • Pharmaceuticals
  • Generic drugs
  • Over-the-counter drugs
  • Vaccines
  • Diagnostics
  • Biologics

Customer Base:

  • Healthcare providers
  • Hospitals and clinics
  • Pharmaceutical distributors
  • Retail pharmacies

Global Presence:

  • Operations in over 25 countries
  • Manufacturing and research facilities worldwide
  • Global distribution network
  • Strategic partnerships with international pharmaceutical companies

Number of Employees: 21,650

Average Salary:

  • Entry-level: ₹4,00,000 – ₹6,00,000 per annum
  • Mid-level: ₹7,00,000 – ₹12,00,000 per annum
  • Senior-level: ₹15,00,000 – ₹25,00,000 per annum

Explore Career Page

4. Bharat Serums and Vaccines Limited

Top 10 Biotechnology Companies in India [2024 Updated] (6)

Bharat Serums And Vaccines Limited is one of India’s most rapidly expanding bio pharmaceutical companies. The late Dr. Vinod Daftary founded BSV in 1971.

Injectable biological, pharmaceutical, and biotech solutions are researched, developed, manufactured, and marketed by the organization.

Established: 1971

Headquarters: Mumbai, Maharashtra, India

Engaged in:

  • Biological formulations
  • Biotech
  • Pharmaceutical formulations

Customer Base:

  • Healthcare providers
  • Hospitals and clinics
  • Pharmaceutical distributors
  • Retail pharmacies

Global Presence:

  • Manufacturing facilities in India
  • Export to various countries
  • Partnerships with international pharmaceutical companies
  • Distribution network across multiple countries

Number of Employees: 1,053

Average Salary:

  • Entry-level: ₹4,00,000 – ₹6,00,000 per annum
  • Mid-level: ₹7,00,000 – ₹12,00,000 per annum
  • Senior-level: ₹15,00,000 – ₹25,00,000 per annum

Explore Career Page

5. Indian Immunologicals Limited

Top 10 Biotechnology Companies in India [2024 Updated] (7)

The National Dairy Development Board owns Indian Immunologicals Limited (IIL). It is well-known for creating veterinary and human vaccinations for foot-and-mouth disease, rabies, and bacterial vaccinations, among other things.

IIL is a significant provider of DPT, TT, and Hepatitis B vaccinations to India’s massive Universal Immunisation Program. In India, IIL has 3 vaccine production plants.

Established: 1982

Headquarters: Hyderabad, Telangana, India

Engaged in:

  • Anti-rabies vaccine
  • Theileriosis vaccine
  • Brucellosis vaccine
  • Porcine vaccines
  • Sheep vaccines
  • Bacterial vaccines
  • Nutraceuticals
  • Formulations

Customer Base:

  • Veterinary clinics
  • Healthcare providers
  • Hospitals and clinics
  • Pharmaceutical distributors
  • Public health organizations

Global Presence:

  • Vaccine production plants in India
  • Export to various countries
  • Partnerships with international health organizations
  • Distribution network across multiple countries

Number of Employees: 1,162

Average Salary:

  • Entry-level: ₹3,00,000 – ₹5,00,000 per annum
  • Mid-level: ₹6,00,000 – ₹10,00,000 per annum
  • Senior-level: ₹12,00,000 – ₹20,00,000 per annum

Explore Career Page

6. Shantha Biotech

Top 10 Biotechnology Companies in India [2024 Updated] (8)

Shantha Biotechnics Limited is a biotechnology corporation based in India. Shantha Biotechnics, Ltd. was founded by Dr. K. I. Varaprasad Reddy and Khalil Ahmed. The organisation is wholly owned by the Sanofi group.

It is India’s maiden enterprise to design, produce, and sell recombinant human healthcare solutions.

Established: 1993

Headquarters: Hyderabad, Telangana, India

Engaged in:

  • Recombinant DNA
  • Vaccines

Customer Base:

  • Healthcare providers
  • Hospitals and clinics
  • Pharmaceutical distributors
  • International health organizations

Global Presence:

  • Manufacturing and research facilities in India
  • Export of products to various countries
  • Partnerships with global healthcare organizations
  • Distribution network across multiple countries

Number of Employees: 806

Average Salary:

  • Entry-level: ₹3,00,000 – ₹5,00,000 per annum
  • Mid-level: ₹6,00,000 – ₹10,00,000 per annum
  • Senior-level: ₹12,00,000 – ₹20,00,000 per annum

Explore Career Page

7. Panacea Biotec Ltd

Top 10 Biotechnology Companies in India [2024 Updated] (9)

Panacea Biotec is an Indian multinational manufacturer of generic and specialty pharmaceuticals as well as vaccines. It is one of India’s 3 key biotechnology enterprises.

The Russian Direct Investment Fund (RDIF) partnered with Panacea Biotec to manufacture the ‘Sputnik V’ Covid-19 vaccine in India. The business grew over time to emerge as one of India’s top vaccine producers.

Established: 1984

Headquarters: New Delhi, India

Engaged in:

  • Pharmaceuticals
  • Generic drugs
  • Vaccines

Customer Base:

  • Healthcare providers
  • Hospitals and clinics
  • Pharmaceutical distributors
  • Retail pharmacies

Global Presence:

  • Manufacturing facilities in India
  • Export to over 30 countries
  • Partnerships with international pharmaceutical companies
  • Distribution network across multiple countries

Number of Employees: 2,564

Average Salary:

  • Entry-level: ₹3,00,000 – ₹5,00,000 per annum
  • Mid-level: ₹6,00,000 – ₹10,00,000 per annum
  • Senior-level: ₹12,00,000 – ₹20,00,000 per annum

Explore Career Page

8. Novo Nordisk

Top 10 Biotechnology Companies in India [2024 Updated] (10)

Novo Nordisk A/S is a multinational pharmaceutical business based in Denmark. Novo Nordisk develops and promotes pharmaceutical goods and services, primarily diabetes medicines and equipment.

The organization has manufacturing plants in 9 countries and partners or offices in five.

Established: 1923

Headquarters: Bagsværd, Denmark

Engaged in:

  • Diabetes care medications and devices
  • Hemostasis management
  • Growth hormone therapy
  • Hormone replacement therapy

Customer Base:

  • Patients with diabetes
  • Healthcare providers
  • Hospitals and clinics
  • Pharmaceutical distributors
  • Retail pharmacies

Global Presence:

  • Manufacturing plants in 9 countries
  • Offices and partnerships in 5 countries
  • Global distribution network
  • Strategic alliances with international healthcare organizations

Number of Employees: 48,478

Average Salary:

  • Entry-level: ₹5,00,000 – ₹7,00,000 per annum
  • Mid-level: ₹8,00,000 – ₹12,00,000 per annum
  • Senior-level: ₹15,00,000 – ₹25,00,000 per annum

Explore Career Page

9. GlaxoSmithKline Pharmaceuticals Ltd

Top 10 Biotechnology Companies in India [2024 Updated] (11)

GlaxoSmithKline Pharmaceuticals Ltd is an Indian pharmaceutical and healthcare enterprise that conducts research and is a subsidiary of GSK. It produces and sells prescription medications and vaccinations.

GSK is one of the world’s major research-based pharmaceutical corporations, discovering, developing, manufacturing, and marketing human health solutions.

Established: 1924

Headquarters: Mumbai, Maharashtra, India

Engaged in:

  • Medicines
  • Vaccines

Customer Base:

  • Healthcare providers
  • Hospitals and clinics
  • Pharmaceutical distributors
  • Retail pharmacies

Global Presence:

  • Operations in over 100 countries
  • Manufacturing and research facilities worldwide
  • Global distribution network
  • Strategic partnerships with international healthcare organizations

Number of Employees: 3,500

Average Salary:

  • Entry-level: ₹4,00,000 – ₹6,00,000 per annum
  • Mid-level: ₹7,00,000 – ₹12,00,000 per annum
  • Senior-level: ₹15,00,000 – ₹25,00,000 per annum

Explore Career Page

10. Wockhardt Ltd.

Top 10 Biotechnology Companies in India [2024 Updated] (12)

Wockhardt is a multinational pharmaceutical and biotechnology corporation. Dr. Habil Khorakiwala established Wockhardt in the 1960s.

The corporation has manufacturing facilities in India, the United Kingdom, Ireland, France, and the United States, as well as subsidiaries in the United States, the United Kingdom, Ireland, and France. Wockhardt is well-known for manufacturing promethazine with codeine cough syrup, which is utilised in the drug lean.

Established: 1967

Headquarters: Mumbai, Maharashtra, India

Engaged in:

  • Formulations
  • Biopharmaceuticals
  • Nutrition products
  • Vaccines

Customer Base:

  • Global healthcare providers
  • Hospitals and clinics
  • Pharmaceutical distributors
  • Retail pharmacies

Global Presence:

  • Manufacturing facilities in India, the UK, Ireland, France, and the US
  • Subsidiaries in the US, UK, Ireland, and France
  • Distribution networks across multiple countries
  • International partnerships and collaborations

Number of Employees: 7,900

Average Salary:

  • Entry-level: ₹3,00,000 – ₹5,00,000 per annum
  • Mid-level: ₹6,00,000 – ₹10,00,000 per annum
  • Senior-level: ₹12,00,000 – ₹20,00,000 per annum

Explore Career Page

Final Words

We hope this article has helped you identify top Biotechnology Companies in India. The Covid-19 pandemic has demonstrated the importance of healthcare and biotechnology companies across the world. And governments throughout the world are dedicating significantly more resources to expedite healthcare access.

Frequently Asked Questions

1. What are the top biotechnology companies in India?

The top biotechnology companies in India are:

  • Serum Institute of India
  • Biocon
  • Panacea Biotec
  • Shantha Biotechnics
  • Bharat Serums and Vaccines

2. Which Indian biotechnology companies are known for their research and development?

Biocon and Serum Institute of India are known for their extensive research and development.

3. How do biotechnology companies in India contribute to global healthcare?

Biotechnology companies in India contribute to global healthcare by producing affordable vaccines, biologics, and generic drugs.

4. Which biotechnology company in India has the most patents?

Biocon holds the most patents among Indian biotechnology companies.

5. What are the major products offered by top biotechnology companies in India?

Major products include vaccines, biologics, biosimilars, generic drugs, and diagnostic devices.

6. What are the career opportunities in biotechnology companies in India?

Career opportunities include roles in research and development, quality control, production, regulatory affairs, and sales and marketing.

7. How can new graduates enter the biotechnology industry in India?

New graduates can enter the biotechnology industry through internships, entry-level positions, and campus recruitment drives.

Explore More Branches

  • Aerospace
  • Automobile
  • Biomedical
  • Chemical
  • Civil
  • Electrical
  • Industrial
  • Marine
  • Mechanical
  • Metallurgical
  • Renewable Energy
Top 10 Biotechnology Companies in India [2024 Updated] (2024)
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