Drug License Registration in India: A Comprehensive Guide
"Stay Legal, Stay Safe: Register Your Drug License Today!” To start a business in pharmaceutical industry including Ayurvedic & Unani Drugs, one must have a drug license to operate legally. As per the Drugs Act, of 1940, a Drug license is mandatory throughout India. A particular license is needed on the type of business requirement.
In terms of volume, the Indian pharmaceutical market is third, while in terms of significance, it ranks fourteenth. It makes up about 20% of the global pharmaceutical industry's volume and 1.5% of its value. The Indian pharmaceutical industry has enormous potential, which presents opportunities for entrepreneurs and start-ups looking to enter or grow in the pharmaceutical sector. In India, registering for a drug license is necessary for any pharmaceutical company that deals with pharmaceuticals, prescriptions, or cosmetics. To lawfully operate in the pharmaceutical sector, which includes Ayurvedic and Unani medications, one needs to obtain a drug license.