If I talk about small scale pharmaceutical businesses that can be started easily at small scale but you need to have good experience in pharmaceutical industry there. If you have sales and marketing experience then you can start by taking franchise of a Pharma company . It can be started easily and at very small levels. You don't need much investment. You can start pharma franchise business with 2000, 3000, 5000 rupees. If we talk about other business then you can start pharma distribution business . It can be started with 50000, 1 lakh or 2 lakh rupees. You can also start pharmaceutical retail business . It's investment depend at various factors like location, number of products etc. If you want to start with less investment then this and you have good experience then you can start pharma consultancy business. In which department you have experience, you can start help other to set up business and can earn from there. You can start youtube channel or blog related to ph
First we will discuss about licenses and after that documents required for different types of generic own pharma businesses . In generic pharma, you have different types of pharma business like Generic pharma manufacturing company Generic Pharma marketing Company Generic Pharma Distribution and Wholesale Generic Pharma Pharmacy store and Chemist Shop Licenses required for Different generic pharma businesses: For Manufacturing: Manufacturing Drug License Wholesale Drug License Drug Testing Laboratory License GST number For Marketing: Wholesale Drug License GST Number For Distribution and Wholesale: Wholesale Drug License GST number (above 40 lakh annual turnover) For Pharmacy Store and Chemist Shop: Retail Drug License GST number (Above 40 lakh turnover annually) Documents Required for Generic Own Pharma: Documents for drug manufacturing license: Application for grant or renewal of licence to manufacture for sale or for distribution of drugs