Why Manufacturing of Tablets and Capsules in Himachal Pradesh is Booming

Himachal Pradesh is now a pharma hub of the Indian pharma sector and provides 35% of India’s total medicines. There are more than 650 pharma manufacturing units in the state, which are primarily in Baddi, Solan, and Kala Amb. Moreover, all these places make Himachal Pradesh a bulk producer of tablets, capsules, syrups, and injectables. Plus, there are various reasons why capsules and tablets are being manufactured in Himachal Pradesh. Additionally, this will include government incentives, world-class infrastructure, and expert manpower. Krisa Healthcare is the leading unit for manufacturing of tablets and capsules in Himachal Pradesh using more standardized production norms as per national as well as international standards.

Why is Himachal Pradesh a Leading Pharma Manufacturing Hub?

Himachal Pradesh is currently a centre for medicines because of some key reasons that make it an easy place to manufacture medicine.

– For the first time, the state government is offering encouraging tax relief. These incentives considerably lower the pharma tablet manufacturing cost in Himachal Pradesh and make it appealing to domestic as well as multinational pharma organizations.

– Hence, the state has well-equipped industrial complexes, especially in Baddi, which is the largest drug hub in Asia. Plus, Baddi has more than 500 drug units producing various medicines, supplements, and herbal products. Manufacturing of tablets and capsules in Himachal Pradesh is supported by good transport facilities for easy movement within India.

– The second reason behind the growth of the industry is the availability of skilled manpower. The skilled professionals assist the pharma capsule manufacturer in Himachal Pradesh in keeping up with international standards of production.

– Moreover, strict government regulations guarantee the quality of medicines. Pharma companies in Himachal Pradesh adhere to GMP, WHO, and ISO certification norms that guarantee that all their products are safe according to local as well as global standards.

How is Himachal Pradesh Shaping the Future of Pharma Manufacturing?

Strategic Government Support & Incentives
The state government supports drug manufacturing through single-window approvals, incentives, and infrastructure facilities. The State Industrial Policy 2022 focuses on the manufacturing of tablets and capsules in Himachal Pradesh with further incentives in the form of a land allowance and industrial training incentives. All these projects assist in the formation and growth of the production units by industries.

International Standards & Modern Manufacturing Plants
The pharma capsule manufacturing units of Himachal Pradesh use the latest technology, automated plants, and quality checks. Most of the units are WHO-GMP and FDA-certified, and hence they are shipping medicines to foreign nations. R&D and innovation are the major concern areas of the firms, which provide safe, effective, and low-cost pharma products.

Contribution to Indian Pharma Export Industry
Himachal Pradesh is India’s top exporter of medicines, with about 40% of India’s total drug supply coming from the state. The pharma tablet industry in Himachal Pradesh is the origin of the rising global demand for generic medicated medicines, antibiotics, and therapeutic medicines. Hence, India is the largest exporter of generic medicines in the world, & the contribution of the state is evidence of India’s international leadership in the global market in the pharma sector.

Wrap-Up

Manufacturing of tablets and capsules in Himachal Pradesh is on the rise due to the state government’s policies, improved infrastructure, and technically skilled human resources. The pharma sector is expected to expand at the next couple of years’ CAGR of 12% due to the state’s support. Krisa Healthcare is a name to be remembered among the best pharma capsule manufacturer in Himachal Pradesh, with pharma products equal to the best in the world.

Pharma tablet manufacturing in Himachal Pradesh is becoming the world’s pharmaceutical manufacturing giant. Krisa Healthcare is showing the way to the future of the success of the industry with innovation and investment.

Frequently Asked Questions

Q1. Why is Himachal Pradesh a major hub for pharmaceutical manufacturing?

Ans. Himachal Pradesh has world-class infrastructure, talented human resources, and tax benefits. Hence, they are favourable for the manufacture of pharmaceuticals. The state has Asia’s largest pharma park at Baddi.

Q2. What are the benefits of setting up a pharma manufacturing unit in Himachal Pradesh?

Ans. They have the benefit of 100% exemption from excise duty, a reasonable cost of doing business. Plus, a strong industrial ecosystem, and thus an apt location for pharma manufacturing.

Q3. What role does Krisa Healthcare play in Himachal Pradesh’s pharma industry?

Ans. Krisa Healthcare is one of the top leaders of pharma tablet manufacturing in Himachal Pradesh.  Moreover, they are manufacturing world-class, high-standard pharmaceutical products to cater to domestic as well as export companies.