With the growing awareness of health and hygiene, the pharmaceutical industry is rapidly evolving. The Indian pharmaceutical industry significantly contributes towards the GDP of the country. The industry serves the most important products to the masses – medicines and medical drugs which are an integral part of human existence. Therefore, investing in pharma PCD companies is the best decision to establish a profitable business.
However, certain guidelines need to be followed if you wish to establish pharma PCD companies in India. For instance, if you’re someone who wishes to start his pharma PCD company in Chandigarh, here’s what you have to do-
Choose an area:
Choose an area where you want to start a pharma PCD company in Chandigarh. For this, you need to survey your competitors, their pharma products, their pricing and people’s review. You also have to make a list of the available doctors and retail chemists in that area and accordingly prepare a plan to approach them and promote your products.
Choose a pharma PCD company:
Search for different pharma companies who are ready to give pharma franchises. As you make a list of several pharma PCD companies, inquire about their products, and pricing, compare their net rates, product list, molecules, marketing and promotional support and other terms and conditions suitable as per your requirements in the initial phase of the business.
As you plan to start a Pharma PCD company in Chandigarh, you would require the documents which are registered with the government and the concerned authorities. You would require to obtain the following license to start your pharma PCD business in Chandigarh-
- Drug license number
- Tax identification number
- Goods and services tax number
Other documents required are-
- Date of birth certificate
- Proof of ownership
- Qualification certificate
- Address proof and bill of the refrigerator
- Address proof of partners in case of a partnership agreement
- Application form number 19 for approval
The process is simple and can be easily completed without any hassle.