How PCD Pharma Franchises Changing the Pharmaceutical Industry in India by 2020

Indian pharmaceuticals industry is rising across the world, with the huge investments in it. India has an important position in global pharmaceuticals sector. The Indian government is providing full support to the pharmaceuticals sector by implementing various reforms and policies, in order to make the Indian pharma sector stand top in the global market.

Before knowing how PCD pharma franchise is changing Indian pharmaceuticals industry let us understand the concept of PCD Pharma.

Understanding the concept of PCD Pharma Franchise

Propaganda Cum Distribution in short called as PCD pharma is a type of franchisee agreement. It is a new concept in pharma franchisee. The franchisee holder is given the right to work on the behalf of the Pharma company such as Productions, marketing and promotions of the drugs. There is no pressure of high investment and targets in this business.

How is this Changing the Indian Pharmaceuticals sector?

There are a lot of new opportunities coming up in the pharmaceuticals industry with the emerging of newly developed and well settled Pharma franchisee company. The market competition is increasing rapidly. The newly developed franchisee company provides a lot of opportunities for the distribution, medical representatives etc. this is providing growth in the pharmaceuticals industry across the nation leading to the improvement in the economy of the country.

PCD Pharma franchisee is providing the following benefits:

  • Availability of medicines all time
  • Providing Employment opportunities to many people
  • On time delivery of medicines
  • Growth in the industry
  • Supply for products in every part of the nation
  • Availability of wide range of medicines.

Things to consider before choosing a Good Pharma company:

It is really important to know about the company before taking the franchise. Taking the right company franchise is essential. You have to be really alert choosing a company, the list of things that need to be considered before taking the franchise are:

  • Quality of the range of product offered.
  • The company is legally established with national and international standards such as,ISO, CGMP, GLP, DCGI, FSSAI, WHO.
  • The company should be profitable
  • Medicines at competitive and affordable rates
  • The company should possess a good market value
  • Company following strict quality measures.
  • On time delivery of medicines.

What are the Requirements to start a PCD Pharma Franchise?

  • Drug License
  • Sales tax Number
  • GST number
  • Tax Identification Number (TIN)
  • Pan Card of the company and the franchise holder
  • ID proofs of the Franchise Holder

We hope this article has given you some understanding about how PCD Pharma franchisee is changing the indian pharmaceuticals Industry. If you like to know more about the pharmaceuticals industry and PCD pharma franchise, then fell free to contact Mediday Healthcare Pvt Ltd. We are the leading PCD pharma company in India. If you would like to know more information about our company and the products offered by our company, feel free to contact us and visit our official website to know more details. We will be happy to help you set up your Franchise Business.