{"id":2788,"date":"2018-05-29T08:26:23","date_gmt":"2018-05-29T08:26:23","guid":{"rendered":"https:\/\/www.rxmedicinemart.in\/?p=2788"},"modified":"2021-10-04T07:37:47","modified_gmt":"2021-10-04T07:37:47","slug":"tips-to-start-pharma-manufacturing-unit-india","status":"publish","type":"post","link":"https:\/\/www.rxmedicinemart.in\/blog\/tips-to-start-pharma-manufacturing-unit-india\/","title":{"rendered":"Best Tips to Start Pharma Manufacturing Unit"},"content":{"rendered":"<p>Pharmaceuticals is among the top booming industries in India. However, starting a <strong>pharma manufacturing\u00a0unit in India<\/strong> is a bit complicated. The major factor is about following the rules and regulations. One needs a proper research and homework before starting pharma production unit.<\/p>\n<p>The process requires investment in plant and machinery. It also requires require professional skills and manpower as well. Here is a brief overview of how to start your own pharma producing unit in India.<\/p>\n<h2><span style=\"color: #3366ff;\">Step-by-Step Guide to Set Up Pharma Manufacturing Unit<\/span><\/h2>\n<p>Here is a sequential process of starting a company for manufacturing pharma products. While there will be additional requirements which might be product-specific.<\/p>\n<h3>#1 Select Business Name and Type<\/h3>\n<p>Select a <a href=\"https:\/\/www.rxmedicinemart.in\/blog\/name-for-your-new-pharma-company\/\" target=\"_blank\" rel=\"noopener\">unique name for your pharma business<\/a>. Determine the name and also select the type of product you will produce. Determine the type of the pharma business unit you will be.<\/p>\n<ul>\n<li>OTC drug company<\/li>\n<li>Generic or branded pharma company<\/li>\n<li>100% EOU<\/li>\n<li>Export or import pharma company<\/li>\n<li>Registration of the Firm<\/li>\n<\/ul>\n<p>Once you select the name and type of the business, get it registered. If you are forming a company, get it registered under <span style=\"color: #0000ff;\">Companies Act 1965<\/span>. As for partnership, you can register under Partnership <span style=\"color: #0000ff;\">Act 1932 or LLP Act 2008<\/span>.<\/p>\n<p>Also, get registered under <span style=\"color: #0000ff;\">MSMED Act<\/span> if applies.<\/p>\n<h3>#2 Licence Requirements<\/h3>\n<p>Depending upon the type of your business, you may require the following license. Apply for the licence with the respective authority and obtain it.<\/p>\n<ol>\n<li>Drug Manufacturing Licence from FDA<\/li>\n<li>Drug Distribution Licence from FDA<\/li>\n<li>Licence for Testing Laboratory<\/li>\n<li>GST Registration<\/li>\n<li>If you are an export-import firm, get IEC code number<\/li>\n<li>NOC from the local pollution control board or other relevant authority<\/li>\n<\/ol>\n<p>At a later stage, you might require obtaining quality standard certificates like <span style=\"color: #0000ff;\">WHO<\/span>, <span style=\"color: #0000ff;\">GMP<\/span> and <span style=\"color: #0000ff;\">ISO<\/span>.<\/p>\n<p>Also get trademark registration if you need. Consult a professional trademark consultant. Once you complete all the registration and licencing formalities, open your corporate bank account.<\/p>\n<h3>#3 Plant &amp; Machinery<\/h3>\n<p>The final step in the setting up pharma manufacturing business is obtaining plant and machinery. Buy a required plant, machinery, and testing equipment.<\/p>\n<h3><span style=\"color: #3366ff;\">Documents Required for Pharma Manufacturing Unit<\/span><\/h3>\n<p>During the process of registration and licence formalities, many documents will be needed. You need to submit following set of documents to the authorities.<\/p>\n<ol>\n<li>Bank Challanor fee receipt of the registration fees<\/li>\n<li>Layout plan of your factory<\/li>\n<li>Rent agreement if the premises are on rent<\/li>\n<li>List of machinery and equipment and purchase bills<\/li>\n<li>Partnership deed<\/li>\n<li>Memorandum of Association and Articles of Association in the case of a company<\/li>\n<li>List of Directors of the name of the partners<\/li>\n<li>Papers related to loan licence if any<\/li>\n<li>Copy of <a href=\"https:\/\/www.fda.gov\/ForConsumers\/ConsumerUpdates\/ucm471927.htm\" target=\"_blank\" rel=\"noopener\">FDA Drug Licence<\/a><\/li>\n<\/ol>\n<p>You can hire a professional business consultant to submit the documents on your behalf. Or your chartered accountant can also execute the formalities for business formation. If you are a new start-up, you can avail governmental benefits floated for new start-ups.<\/p>\n<p>Though you will require a professional business consultant, the knowledge of the process is important. Keep following our blog for more updates on <a href=\"https:\/\/www.rxmedicinemart.in\/\">PCD pharma manufacturing<\/a> and <a href=\"https:\/\/www.rxmedicinemart.in\/pharma-franchise-company-india.php\">pharma franchise in India<\/a>.<\/p>\n<p><strong>Also Read<\/strong> &#8211;\u00a0<a href=\"https:\/\/www.rxmedicinemart.in\/blog\/how-to-start-a-wholesale-pharmacy-in-india\/\">How to Start a Wholesale Pharmacy in India<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pharmaceuticals is among the top booming industries in India. However, starting a pharma manufacturing\u00a0unit in India is a bit complicated. The major factor is about following the rules and regulations. One needs a proper research and homework before starting pharma production unit. The process requires investment in plant and machinery. It also requires require professional [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2794,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[38,39],"class_list":["post-2788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pharma-industry-india","tag-pharma-manufacturing-plant","tag-pharma-manufacturing-unit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Set Up Pharma Manufacturing Unit in India? RX Medicine Mart<\/title>\n<meta name=\"description\" content=\"Want to Set Up a Pharma Manufacturing Unit in India? 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