How to start a pcd company in India

Launching a PCD Pharma business in India is one of the best business opportunities in the healthcare market today. The need for quality medication is consistently growing and being addressed, health awareness is rising continuously, and there is government support for those who want to enter the pharma sector creates an extremely attractive market for newbies.

For anyone who wants to have success in this business vertical within the healthcare market, it is imperative to educate yourself on the PCD model, industry needs and a better understanding of how to get it all kicked off. In this blog, Granmed Pharma, the leading PCD Pharma Brand, will provide you with the best way to get your own PCD Pharma company started in India.

What is a PCD Pharma Company?

A PCD (Propaganda-Cum-Distribution) Pharma Company is a company that allows people or distributors to market and distribute a pharmaceutical product under their brand name. It is a mutually beneficial business model in which the parent company provides a product, advertising material, monopoly, and marketing support, while the distributor localizes the sales and promotion.

In essence, you can start your own pharma business without opening a manufacturing unit simply by partnering with an acceptable PCD Pharma Company like Granmed Pharma and starting to sell their products in your area.

REASONS TO START A PCD PHARMA BUSINESS IN INDIA?

India is among the biggest producers of medicines in the world, and is known as a source of inexpensive and quality medicines. There are a number of compelling reasons to start a PCD Pharma Company in India:

• Low Initial Investment, Return on Investment is Lucrative: Because you won’t have to invest in manufacturing, R&D, or mass scale infrastructure, it is a good opportunity for a new entrepreneur.
• Monopoly Rights: Many companies will extend a level of exclusive rights to market and distribute the products, providing you with a greater competitive advantage.
• Increase in Market Demand: The pharmaceutical industry is rapidly expanding due to lifestyle changes and increased awareness of health and wellness.
• Oversight from Pharma Companies: Large companies like Granmed Pharma will provide you with an extensive assortment of marketing materials, product samples, and overall promotional support.
• Scaling your Company and Brand : You are able to start small and scale as sales and market share increase.

Starting a PCD Pharma Company in India

1. Research and Planning

First, you need to do some market research to discover potential products, products to be targeted, potential competition and potential demand trends in the area. Having a well-formed work plan will benefit you in setting attainable goals and gauging the investment you will need.

2. Develop a Company Name and Potential Brand

For your company, develop a unique and appealing name that corresponds with your brand and all that you want it to become. Make sure to register the company name with the proper authorities to get it approved.

3. Gain the Needed Permits and Legal Documents

To be able to operate a PCD Pharma business legally, you need to have:

– State Drug Controller Issued Drug License Number

– GST Registration

– Company Registration Certificate (of Private Limited, Partnership, or Proprietorship)

– Trademark Registration (If it is a business, you will want to have it, but it isn’t mandatory)

By fulfilling all of the points, you will be issued all the operating permits that will allow you to legally operate your business.

4. Get an Excellent Pharma Manufacturer

Depending on the PCD Pharma company you choose, you will get a certificate for other qualified products. Make sure the products you will be distributing to your potential customers have the proper WHO-GMP and ISO certifications. Assess the range of products a manufacturer offers, their quality of packing, and their reputation in the market.

For example, Granmed Pharma is a WHO-GMP-certified manufacturer with quality Pharma grade products. Their wide range of products includes tablets, capsules, syrups, injections, and ointments along with other products which is great for distributors.

5. Choose Your Product Range

Think about which therapeutic segments you’d like to work with. Consider options like antibiotics, cardiology, diabetes, paediatrics, or nutraceuticals. Specialising in an area will make it easier to build your brand.

6. Create Your Distribution Network

Connect with the community — doctors, chemists, medical reps, and hospitals. Strong professional relationships support sales and prescriptions.

7. Support Your Distribution Network with Sales Promotions

Sales promotions cover a lot of ground in the PCD model, and you certainly have a lot of options. Consider:

• Marketing with visual aids and brochures
• Business cards and product samples
• Promoting on social media and digital marketing
• Conducting medical camps and meeting doctors

Granmed Pharma helps their partners by developing complete marketing kits, focused on brand promotion and sales.

8. Keep Track of Your Inventory and Shipments

Provide your customers with timely shipments and well-kept stock records. Organized logistics is a massive trust builder and customer retention tool.

Reasons to Partner with Granmed Pharma for Your PCD Business

Granmed Pharma is a trusted PCD Pharma company in India that features a legacy of consistent dedication to innovation, quality, and affordability. The company provides:

• WHO-GMP certified plants
• A variety of quality pharmaceutical products
• Attractive monopoly rights for distributors
• Complete marketing and promotional support
• On time delivery and transparent business practices

By partnering with Granmed Pharma, you have the groundwork to start and grow your business confidently.

Summary

Launching a PCD pharma business in India can prove to be a fruitful business utility if set up properly with the right planning and the right partnership. Each stage from licenses to finding the right manufacturer is crucial to experiencing the success you envision.

Simply put, with the right product list, a monopoly based business model, and full-service support, Granmed Pharma is the best choice for aspiring entrepreneurs in the pharma distribution business.