Pharmaceutical,  Stockist/Wholesale

Whether to start pharma wholesale or Pharmaceutical Manufacturing.

(Last Updated On: March 7, 2018)
Query:
Currently I am employee in one third party manufacturing from last 4 years.
Now I want to start my own business.
But I am confuse whether I have to go in Pharma Manufacturer or wholesaler.
I have my own place more than 10 sq meter in Mumbai ghatkopar region for wholesaler & also I have my own place in pune ambegaon to start manufacturing contacts.
Also I have good contacts with big companies to work third party.
So pleases suggest me whether i want go in Pharma Manufacturer or wholesaler.
Response:

You can do one thing easily, you can start wholesale firm and take third party orders from other companies and get manufactured from some others. Supply material by fixing certain margin of yours in between.

If you have good contacts with companies who can give you third party orders and you can set-up own pharma manufacturing unit. Then you can start own manufacturing.

For other business opportunities in Pharma Read: Pharma Business Opportunities in India

Hope above information was useful to you…

Full Time Blogger, Part Time Entrepreneur and Partial Time Helper for New Start-UP's in Pharmaceutical, Ayurvedic and Nutraceutical Sector. Contact him at pharmafranchiseehelp@gmail.com

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: