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Best Ayurvedic Company in India

Best Ayurvedic Company in India

First step need to take For Starting a Pharmaceutical Company

Query: I am a veterinarian by profession. Have been going through your website from past 1 year and have planned now to give a start to my own pharma company. Please let me know what will be the first step I need to take.  Answer: First Step you need to prepare yourself for Pharmaceutical Company:  Preparation means Choose marketing type, Choose molecules want to launch, Location where you want to launch product, Choose Company, Products Name, Budget available...  Choose marketing type: As number of marketing and selling types present in pharmaceutical market. i.e. Branded Marketing , Generic Marketing , OTC Marketing, Franchise Marketing etc. You need to select any one from above.  Choose Molecule: Once you have selected which marketing type is best suitable for you then you need to select at which segment and molecules you want to work. Check out: How to choose products/service for business? Location: You can't launch your pharmaceutical company all over India or at broad area.
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How to start Pharmaceutical Product's Packaging Material Business?

Query:
I am interested to start a small pharmaceutical packaging company and I am looking for some information. I have found your email on google when I was reading your article on how to start a pharmaceutical packaging company. Can you provide me some guidance that how can I start a pharmaceutical packaging company and how much investment require for small scale. 

Response:
You can start a pharmaceutical packaging printing company by setting up machinery and equipment. Unlike pharmaceutical manufacturing plants, there is no requirement of taking drug related licenses for pharmaceutical packaging companies. You can set-up a packaging company just like any other un-regulated sector.
  • Search for premises
  • Take GST number
  • Purchase machinery and equipment's
  • Tie-up with pharmaceutical finished goods manufacturing unit
  • Supply to them
But for starting a packaging company, you need to have knowledge of some skills like basic knowledge of designing, printing process and requirements of pharmaceutical companies. Check in detail about Starting pharmaceutical packaging material start-up here 

Investment required for starting small packaging company is high as latest technology is used for printing and designing of pharmaceutical products packaging. You can start it at small level by providing promotional inputs and accessories to pharmaceutical companies. Later you can gradually expand your business.

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