To initiate a pharmaceutical manufacturing unit in India, the first step involves selecting a suitable company name that is catchy yet appropriate and deciding on the type of manufacturing, such as Ayurvedic, modern medicines, or allopathy, along with the business category like branded, generic, export-oriented, or hospital supply companies. Registration is essential, requiring adherence to the Companies Act of either 1965 or 2013, and possibly the Partnership Act of 1932 for partnership firms. Licensing is crucial, with requirements for drug manufacturing and distribution licenses, GST, and other regulatory approvals.
Once the company is registered, staffing with qualified professionals to handle analytical and manufacturing processes is vital. Submitting necessary documentation, including bank challan copies, layout plans, staff details, and ownership or partnership proofs, is required. Subsequent steps involve obtaining NOCs from relevant authorities and clearance for drug manufacturing. Support for business growth and franchise marketing can be sought from reputable PCD Pharma Franchise India, such as Astemax Biotech, which focuses on producing affordable pharmaceutical products and offers profitable medical promotional schemes.
