Market

Pharmaceutical & Biotechnology Market In Tamil Nadu

Tamil Nadu pharma industry is a fast growing sector and the state is becoming a promising destination for pharmaceutical and cosmetic products. A significant portion of the medicines exported to different countries such as US, UK and African continent is from Tamil Nadu. The first Pharma Estate, approved by the Central government in the early 1980s to promote the pharma sector, was set up in Tamil Nadu only. The state has the presence of manufacturing facilities of several MNCs, big players influencing the domestic market and more than 400 manufacturing companies are coming under the SME sector. The pharma sector in the state has also produced leading industries.

There are around 10 US FDA approved, 10 UKMHRA approved and over 300 WHO GMP approved manufacturing units in Tamil Nadu.

Tamil Nadu has enough educational and financial resources and political stability. The state drug control department and the CDSCO are doing good job. They are enforcing the required laws and taking measures, and at the same time helping the industry to grow in positive directions. Both the departments help for the export growth in the state. Regarding pharmacy education, the government should start pharmacy colleges in all the medical colleges of the state. They also should start Pharm D course in the government institutions.

The Tamil Nadu pharmaceutical industry employs nearly 50,000 people across the state and almost 95 per cent of the industry is located in and around Chennai, within the radius of 30-50 kilometers. The rest of the units are spread across Madurai, Coimbatore and Salem.

Pharmaceutical industry generates annual revenue of INR 4000 cores inclusive of exports and domestic businesses. However, this is only about the formulating business and is exclusive of bulk drugs. There are only a few companies doing bulk drug business in the state. In its entirety, the Tamil Nadu pharmaceutical industry consisting both formulation and bulk drugs is worth one lakh cores rupees annually, generating INR 50,000 crores in exports and INR 50,000 from domestic sales.

Pharmaceutical producing State in the country and accounts for 10% of the national production of pharmaceutical products in the country.The State houses units manufacturing diverse products including tablets, capsules, dry syrups, external preparations, cytotoxic drugs, vaccines, APIs, bio-pharma products, etc.

The thrust areas of Tamil Nadu’s biotechnology industry include healthcare, agriculture biotechnology, industrial enzymes bioinformatics, contract-research, marine and environmental biotechnology.

Presence across value chain in the pharmaceutical industry in Tamil Nadu. There are many educational & research institutes like Maharaja College of Pharmacy, Jaya College of Pharmacy, Sri Ramakrishana Institute of Peramedical Services, RVS College of Pharmaceutical Science, JSS College of Pharmacy etc.

There are many research & Development and pharmaceutical manufacturing organizations like Arvind, Bafana, Apollo, Orchid, Innovol, TTK, Pfizer, Shansun, SPIC, Wockhardt etc.

Apart from it there are  many contract research organization like Klintra, Max Neeman, Jayagen Biologics, Ockham, Clinfo Source etc.

Tamil Nadu is rich in bio-resources. The variety of geographical terrains in the State provides tremendous biodiversity rarely seen in any other single State. The forest, agricultural and plant resource base of the State are both large and diverse and represent great market opportunity for biotechnology products. There are more than 5,000 species of flowering plants and the forest cover in the State spreads over 22,500 sq.kms. The State also has one of the largest coastlines in the country which again presents opportunities for Marine Biotechnology. The State is also fortunate to have a pool of experts in various areas of Biotechnology with experience in commercialisation of Biotech products. Tamil Nadu is thus well-placed in terms of human resources to exploit the opportunities in Biotechnology.

Tamil Nadu would present an attractive market for Medical Biotechnology products as it accounts for about 11% of the pharmaceutical market in the country. Apart from penicillin manufacturing and a reasonably large number of loan licence formulation units, investment in this sector within the State has been low. Hence Biotechnology presents an ideal opportunity for the State to reverse this trend.

The focus on Environmental Biotechnology products within the State will be in important sectors like leather and textiles.

Government through TIDCO promoted TICEL BioPark in Taramani that provides common specialized infrastructure for Biotech industry. Government is now promoting the second TICEL BioPark.

Pharma Companies in Tamil Nadu

  • Malladi Drugs & Pharmaceuticals Limited
  • The Madras Pharmaceuticals
  • Bafna Pharmaceuticals Limited
  • Zota Pharmaceuticals Private Limited
  • Sidhu Pharma Labs Private Limited
  • Eucare Pharmaceuticals Private Limited
  • Shield Pharmaceuticals Private Limited
  • Shasun Pharmaceuticals Limited
  • Green Signal Bio Pharma Limited
  • Stedman Pharmaceuticals Private Limited

Biotechnology Companies in Tamil Nadu 2017

  • A A Biotech
  • ABL Biotechnologies Limited
  • Alchemy Biotech
  • Caplin Point Laboratories Limited
  • ICON PLC
  • Labmate Asia
  • Medox Biotech India
  • Proalgen Biotech Limited
  • Professional Biotech
  • Spinco Biotech

Higher & Technical Education In Tamil Nadu

Tamil Nadu is home to some of the most reputed institutes for higher education in India. Management education institutes include the Bharathidasan Institute of Management-Trichy, Loyola Institute of Business Administration and Indian Institute of Management Tiruchirappalli. Engineering institutes include the Indian Institute of Technology Madras, College of Engineering, Guindy, Madras Institute of Technology, and National Institute of Technology, Trichy. Institutes for medical education include the Madras Medical College and the Stanley Medical College.

Tamil Nadu Vision 2023 has envisaged providing “high quality affordable higher education” and becoming the “Knowledge Capital” and “Innovation Hub of the country”. As one of the most progressive States in the nation on several social and economic indicators, it has created an indelible mark in human development index with an impressive GER of 44.8% adopting multiple strategies to foster manifold development in higher education which has thereby paved the way to march ahead as a pioneering State for the rest of the nation to emulate.

There are 21 public universities, 15 central government universities, 8 state & central joint support universities, 27 private (deemed to be) universities, 109 colleges affiliated to different universities in Tamil Nadu. There are 583 engineering colleges, 740 arts & sciences colleges and 516 polytechnics in the state. 

Tamil Nadu budget estimates for financial year 2016-17 for technical education is 105079 lakh, general education university & higher education is 242078 lakh and scientific research is 814 lakh.


Research Institutes in Tamil Nadu

There are many research institutes in Tamil Nadu apart from Biotech, Pharmaceutical and medical like Fisheries college & Research Institute, Sheep Research Centre, Textile Research, Sugarcane Breeding research Institute, Tamil Nadu Rice Research Institute, Indian Institute of Crop Processing Technology, Indira Gandhi Centre for Atomic Research, ISRO, Central Electro Chemical Research Institute etc.

  • M.S. Swaminathan Research Foundation (MSSRF)
  • The Central Institute of Brackishwater Aquaculture (CIBA)
  • UPASI Tea Research Foundation (UPASI TRF)
  • Indian Institute of Crop Processing Technology (IICPT)
  • Institute of Forest Genetics and Tree Breeding (IFGTB)
  • Institute of Mathematical Sciences (IMsc)
  • AU-KBC Research Centre
  • Central Electrochemical Research Institute (CECRI)
  • Central Leather Research Institute
  • Centre for Wind Energy Technology (C-WET)

Food, Agriculture & Beverages

According to the India Food and Drink Report Q3 2008 by research analysis firm Research and Markets, by 2012, India’s processed food output is likely to grow by 44.2 per cent to touch US$ 90.1 billion, while packaged food sales will increase by 67.5 per cent to reach US$ 21.7 billion. On a per capita basis, per capita packaged food spending is expected to grow by 56.5 per cent to US$ 18.06 by 2012.

India has the largest irrigated land in the world. It is also world’s largest producer of milk, tea and pulses. India has large marine product and processing potential with varied fish resources along the 8,041 km coastline, 28,000 km of rivers and millions of hectares of reservoirs and brackish water. India also possesses the largest livestock population in the world with 50 per cent of world’s buffaloes and 20 percent of cattle. All these agro resource endowments offer significant investment potential.

With only 2.2 percent of processing levels for Fruit and Vegetable (F&V), 35 percent for milk, 21 percent for meat, 6 percent for poultry products and 38 percent for agri-produce, India’s levels are significantly low compared to international levels offering huge potential for value-added processed products.

The market for alcoholic beverages has been growing consistently. ‘The Future of Wine’, a report on the state of the wine industry over 50 years, suggests that the market for wine in India was growing at over 25 per cent per year.

Tamil Nadu with Seven agro-climatic conditions and varied soil types is better placed for production of fruits, vegetables, spices, plantation crops, flowers, medicinal and aromatic plants. Tamil Nadu is one of the largest producers of agro and horticulture products in India. There are 41 Sugar Mills in Tamil Nadu. Tamil Nadu is a major exporter of agro and Processed Food products.

Food Companies in Tamil Nadu

  • Suguna Foods Ltd
  • Chamraj Tea
  • Kaveri’s Bio Proteins Pvt Ltd (KBPL)
  • Lotte India Corporation Limited
  • Ponni Group of Companies
  • SKM Group
  • Alagendran Group of Companies
  • Eltex Group of Companies
  • Hatsun Agro Product Ltd

Diagnostic Market in Tamil Nadu

The Indian diagnostics sector has been witnessing immense progress. Major technological advancements and higher efficiency systems has taken the sector to new heights. Advanced cutting-edge technologies are being used to understand disease prognosis, thereby strengthening the sophistication level of the participants in the sector. Diagnostic medical imaging is one of the most rapidly growing fields in the Indian medical devices market. While nuclear imaging is the fastest growing area in the Indian imaging market, the diagnostic lab services are also growing at a fast pace, particularly in the unorganized sector. The segment’s growth is expected to be fuelled by the growing demand for automated diagnostics.

The Indian diagnostics market can be broadly divided into equipment, reagents and services. The service sector is largely unorganized, with the majority of players being clustered in the suburbs and metros. However a clear and structured format is being established in order to have better regulations and proper definition for the market. The size of the Indian in vitro Diagnostics (IVD) market is estimated to be 531 m USD in 2011; by 2016 it is expected to expand to approximately 900 m USD, growing at an annual growth rate of 18% (Frost and Sullivan). An important contributing factor towards this growth is the expansion of corporate hospitals. Moreover, non-communicable diseases such as diabetes are no longer diseases of the rich, and are spreading rapidly to rural areas. This is another contributory factor towards the growth. Therefore, with a compound annual growth rate (CAGR) of ~18%, IVD has emerged as one of the most profitable markets in the Indian healthcare industry. Importantly, in the coming years there will be likely increase in the number of health insurance policies. Therefore, more and more health insurance companies will coordinate with the various diagnostic labs.

The State has received investment worth USD 453 million till 2013, and projects worth USD 228.31 million.