PCD Pharma Franchise Companies in Indiaby Surinder Thakur Pharma Franchise Consultant
The Pharmaceutical industry in India is growing day by day and it has reached a remarkable height. The growth of the pharma industry in India can be estimated by the fact that it has become the largest producer and supplier of pharmaceuticals in the world. With such an enormous growth, various opportunities have opened in the sector and hence a pharma business set up is what peoples are fond of these days. But before you go for a business the first thing you got to do is getting permission from a government body or a franchise.
Basically, we have two types of pharma franchises that can offer the permission for a business set up; PCD pharma franchise and the traditional pharma franchise. PCD or Propaganda Cum Distribution is a new concept in the pharmaceutical industry which is quite different to the traditional pharma. PCD companies provide its franchises the products as well as the monopoly over the marketing and distribution rights for a specific area.
The main features of PCD concept are that there occurs profit for both the parties and franchise has not to bear the loss on its own. The company helps in the investment process and provides support to the franchise so that the loss to the franchise is minimal.
The best thing about PCD is that pharma franchise can get the monopoly rights over an area and they have not to make those big investments that are required to set up a company.
Just like the traditional pharma company, there are two types in PCD as well; Synthetic drugs and Ayurvedic drugs. There is a huge fond for the Ayurvedic pharmaceutical products in India and hence there are so many ayurvedic PCD pharma company in the country.
PCD pharma franchise and the traditional pharma franchise basically differ on their operational level which means that the business set up. Traditional pharma franchise is a very broad concept and hence it works on a very big setup and also has a vast customer network whereas the PCD pharma works on a smaller setup and has a smaller customer network.
Selecting the Best PCD pharma company/franchise –
As we know to set up a pharmaceutical business you require a proper permission for either a government body or a licensed franchise/company. Many factors are required to be looked upon before you opt for a PCD company or franchise.
The PCD franchise you are choosing should be able to provide you with the variety of products. It shouldn’t be just limited to a few varieties as for the growth of a pharma business you must be able to fill up the market with a wide variety of products.
You must select a reputed franchise so that at later stages you face no coordination issues and a reputed franchise will deliver the quality and you won’t have to face counterfeiting as well which is a major issue these days. Select a pharma franchise which is budget friendly as well. There are many PCD pharma franchises out there, select the best one according to your requirements.
Created on Aug 7th 2018 03:31. Viewed 488 times.