Why Chandigarh Is A Lucrative Option For Pharmaceutical Businesses

The Mc Kinsey report reads, “The pharmaceutical market in India carries great business opportunities and would be a $55 billion market by the year 2020.

By Features Writer
Why Chandigarh Is A Lucrative Option For Pharmaceutical Businesses

The health and wellness business industry is being tapped by most of the franchisors, franchisees, and entrepreneurs in order to introduce a promising business idea. The multifaceted nature of this industry allows investors to extend their vision from luxury brands to unique and lucrative business ideas.

Serving as the capital of the states of Punjab and Haryana, Chandigarh is an union territory and city that has been listed among the perfect and wealthiest cities in India by BBC. The architecture, modernization, and cultural growth are few driving factors that are contributing to the health and wellness industry.

As the city is becoming a prime center for health and wellness businesses, the pharmaceutical business industry is experiencing a rapid expansion in the region. The Mc Kinsey report reads, “The pharmaceutical market in India carries great business opportunities and would be a $55 billion market by the year 2020.

Chandigarh- A Lucrative Pharmaceutical Business Destination

Chandigarh is recognized as the first planned city in India and also popularly known as the ‘Tricity’ including the cities Mohali, and Panchkula, Chandigarh becomes a great city for establishing a career in the pharmaceutical industry.

Establishing a pharmaceutical business is no more an easy task rather being a daunting project to carry forward. The rising number of competitions in the segment is itself generating challenges along with increased business opportunities for pharma investors.

Additionally, being 2nd on the Human Development Index, Chandigarh generates numerous pharmaceutical business opportunities in the city and in other neighboring regions.  

Technology Causing the Rapid Evolution

The population being skilled and well educated, entrepreneurs and franchisees could be seen investing in their business with proper knowledge and research and development (R&D).

One of the major reasons why the pharmaceutical business is emerging rapidly in Chandigarh is because the brands are coming up with broader and unique visions, utilizing technology as the most powerful tool.

This is why Chandigarh becomes a major city to target for pharmaceutical business owners that are ready to absorb the changes along with anticipating and moving simultaneously.   

Innovating via Collaborating

Innovation and collaboration have been two major driving factors contributing to the rapid growth of the pharmaceutical industry in India. The same could be the result with the Chandigarh as the region’s rising competitions could force the franchisees and entrepreneurs to collaborate and innovate simultaneously for a better and positive result.

Thus, keeping the latest trends in mind and innovating as a pharmaceutical business owner could well help you attain success as a pharmaceutical businessman/woman in Chandigarh.


Those who want to start their own business or take up franchises can join in the FRO 2019, happening in Chandigarh on 19-20 January, to know more about the franchise business, financial advice, and business advice from the experts. Meet the investors personally and participate to change the small world of business. Click here to know more: https://www.franchiseindia.com/fro

To Buy Tickets- https://www.franchiseindia.com/fro_event-registration-chandigarh

To Book Stall - https://www.franchiseindia.com/fro/exhibition_booking_form.php

star franchise india
Related opportunities
  • Imitation/Art/Junk Jewellery
      Home Based & Brand Store Franchise business in Exclusive Handmade..
    Locations looking for expansion Maharashtra
    Establishment year 2011
    Franchising Launch Date 2021
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Art, Craft, Antique & Framing
    About Us: Attapetta is first of its kind concept store that..
    Locations looking for expansion Delhi
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Biker's Accessories
    Two wheeler market size of India is 18 million units..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Yoga Classes
    we runs several courses in all over India of Yoga..
    Locations looking for expansion Uttar pradesh
    Establishment year 2012
    Franchising Launch Date 2014
    Investment size Rs. 10000 - 50000
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Lucknow Uttar pradesh
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts

ads ads ads ads