Top 20 Best Healthcare Companies In India 2023

Healthcare services are widespread and in high demand. When provided effectively, health care is generally viewed as a key factor in fostering the overall well-being of people and can play a vital role in a nation’s economy. Here is a list of the top healthcare companies in India:-

1. Apollo Hospitals Enterprise Limited

Apollo Hospitals Enterprise Limited is one of the largest healthcare companies in India. It was founded in 1983 by Dr. Prathap C. Reddy and is headquartered in Chennai, Tamil Nadu. 

The company operates a network of hospitals, clinics, pharmacies, and diagnostic centers across India and several other countries, including Bangladesh, Ghana, and Mauritius.

The company’s hospitals offer a range of medical services, including cardiology, neurology, oncology, gastroenterology, orthopedics, and urology. 

Apollo Hospitals also has a telemedicine platform that enables patients in remote locations to consult with doctors online. The company is known for its high-quality healthcare services and advanced medical technology.

In addition to its healthcare operations, Apollo Hospitals has also established the Apollo Knowledge and Business School, which offers courses in healthcare management and administration. 

The company has received numerous awards for its contributions to the healthcare industry, including the Best Private Sector Hospital award by the Federation of Indian Chambers of Commerce and Industry (FICCI) in 2019.

2. Fortis Healthcare Limited

Fortis Healthcare Limited is a leading healthcare company in India, founded in 2001. It is headquartered in Gurugram, Haryana, and operates a network of hospitals, clinics, and diagnostic centers across India, as well as in Dubai, Mauritius, and Sri Lanka.

The company’s hospitals offer a range of medical services, including cardiology, neurology, orthopedics, oncology, gastroenterology, and pediatrics. 

Fortis Healthcare is known for its advanced medical technology, including robotic surgery and precision medicine.

In addition to its healthcare operations, Fortis Healthcare has also established the Fortis Healthcare Foundation, which focuses on community health and preventive healthcare. 

The company has received numerous awards for its contributions to the healthcare industry, including the Best Multispeciality Hospital Chain award by the Economic Times in 2019.

In recent years, the company has faced financial difficulties, and there have been some management changes. 

However, it remains one of the leading healthcare companies in India, and its hospitals continue to provide high-quality medical care to patients across the country.

3. Max Healthcare

Max Healthcare is a leading healthcare company in India, founded in 2000. It is headquartered in New Delhi and operates a network of hospitals, clinics, and diagnostic centers across North India, including Delhi, Haryana, Punjab, and Uttarakhand.

The company’s hospitals offer a range of medical services, including cardiology, neurology, oncology, orthopedics, and gastroenterology. 

Max Healthcare is known for its advanced medical technology, including robotic surgery, digitally integrated operating rooms, and other state-of-the-art medical equipment.

In addition to its healthcare operations, Max Healthcare has also established the Max India Foundation, which focuses on health and education initiatives for underprivileged communities.

 The company has received numerous awards for its contributions to the healthcare industry, including the Best Multispeciality Hospital award by the Association of Healthcare Providers (India) in 2019.

Max Healthcare has also formed a partnership with South African healthcare company Life Healthcare, to enhance its clinical excellence and provide better healthcare services to patients. 

The company has the vision to become one of the most admired healthcare brands in India, and it is continually expanding its operations and services to achieve this goal.

4. Manipal Hospitals

Manipal Hospitals is a leading healthcare company in India, founded in 1953. It is headquartered in Bangalore, Karnataka, and operates a network of hospitals, clinics, and teaching institutions across India and several other countries, including Malaysia and Nigeria.

The company’s hospitals offer a range of medical services, including cardiology, neurology, oncology, orthopedics, gastroenterology, and pediatrics. 

Manipal Hospital is known for its advanced medical technology and research initiatives, including robotic surgery, precision medicine, and stem cell therapy.

In addition to its healthcare operations, Manipal Hospitals has also established the Manipal Academy of Higher Education, which offers courses in health sciences, engineering, management, and other disciplines. 

The company has received numerous awards for its contributions to the healthcare industry, including the Best Private Hospital award by CNBC TV18 in 2019.

Manipal Hospitals has also formed partnerships with several leading healthcare organizations, including Columbia Asia Hospitals, which has enabled it to expand its network of hospitals and provide better healthcare services to patients.

 The company has the vision to become a global healthcare brand, and it is continually expanding its operations and services to achieve this goal.

5. Narayana Health

Narayana Health is a leading healthcare company in India, founded in 2000 by Dr. Devi Shetty. It is headquartered in Bangalore, Karnataka, and operates a network of hospitals, clinics, and medical colleges across India and several other countries, including the Cayman Islands and Mauritius.

The company’s hospitals offer a range of medical services, including cardiology, neurology, oncology, orthopedics, gastroenterology, and pediatrics. 

Narayana Health is known for its advanced medical technology and innovative healthcare models, which have helped to make healthcare more accessible and affordable to patients in India and other countries.

In addition to its healthcare operations, Narayana Health has also established Narayana Health City, which is a healthcare and education complex that includes a medical college, research center, and several specialty hospitals. 

The company has received numerous awards for its contributions to the healthcare industry, including the Best Single Specialty Hospital award by the Association of Healthcare Providers (India) in 2019.

Narayana Health has also formed partnerships with several leading healthcare organizations, including HealthCare Global Enterprises, which has enabled it to expand its network of hospitals and provide better healthcare services to patients.

 The company has the vision to become one of the largest healthcare providers in the world, and it is continually expanding its operations and services to achieve this goal.

6. Religare Health Insurance Company Limited

Religare Health Insurance Company Limited is a leading health insurance provider in India, founded in 2012. It is headquartered in Gurgaon, Haryana, and operates a network of offices across India.

The company offers a range of health insurance products, including individual health plans, family health plans, and group health plans. 

Religare Health Insurance is known for its innovative products, including critical illness insurance and maternity insurance, which provide comprehensive coverage for a range of medical conditions.

In addition to its health insurance operations, Religare Health Insurance has also established a health and wellness program, which offers a range of preventive healthcare services, including health check-ups, diet consultations, and fitness programs. 

The company has received numerous awards for its contributions to the health insurance industry, including the Best Health Insurance Company award by the Indian Insurance Awards in 2019.

Religare Health Insurance has formed partnerships with several leading healthcare providers, including Apollo Hospitals and Max Healthcare, which have enabled it to provide better healthcare services to its policyholders.

 The company has the vision to become the most preferred health insurance provider in India, and it is continually expanding its operations and services to achieve this goal.

7. Cipla Limited

Cipla Limited is a leading pharmaceutical company in India, founded in 1935. It is headquartered in Mumbai, Maharashtra, and operates a global network of manufacturing facilities, research and development centers, and marketing offices across the world.

The company specializes in the development and manufacturing of a range of pharmaceutical products, including prescription drugs, over-the-counter medications, and active pharmaceutical ingredients. 

Cipla is known for its innovative products, including inhalers and biosimilars, which provide affordable healthcare solutions for patients across the world.

In addition to its pharmaceutical operations, Cipla has also established the Cipla Foundation, which focuses on improving healthcare and education for underprivileged communities in India.

 The company has received numerous awards for its contributions to the pharmaceutical industry, including the Best Pharmaceutical Company award by the Forbes India Leadership Awards in 2021.

Cipla has formed partnerships with several leading healthcare organizations, including the Global Fund, which has enabled it to provide affordable medications for the treatment of HIV/AIDS, tuberculosis, and malaria in several developing countries. 

The company has the vision to become a global pharmaceutical leader, and it is continually expanding its operations and services to achieve this goal.

8. Sun Pharmaceutical Industries Limited

Sun Pharmaceutical Industries Limited is a leading pharmaceutical company in India, founded in 1983. It is headquartered in Mumbai, Maharashtra, and operates a global network of manufacturing facilities, research and development centers, and marketing offices across the world.

The company specializes in the development and manufacturing of a range of pharmaceutical products, including prescription drugs, over-the-counter medications, and active pharmaceutical ingredients.

 Sun Pharma is known for its innovative products, including specialty drugs for the treatment of chronic diseases, such as cancer, psoriasis, and arthritis.

In addition to its pharmaceutical operations, Sun Pharma has also established the Sun Foundation, which focuses on promoting healthcare, education, and environmental sustainability. 

The company has received numerous awards for its contributions to the pharmaceutical industry, including the Best Pharmaceutical Company award by the Economic Times Awards for Corporate Excellence in 2020.

Sun Pharma has formed partnerships with several leading healthcare organizations, including the National Cancer Institute in the United States, which has enabled it to develop new cancer treatments and bring them to market.

 The company has the vision to become a global pharmaceutical leader, and it is continually expanding its operations and services to achieve this goal.

9. Dr. Reddy’s Laboratories Limited

Dr. Reddy’s Laboratories Limited is a leading pharmaceutical company in India, founded in 1984. It is headquartered in Hyderabad, Telangana, and operates a global network of manufacturing facilities, research and development centers, and marketing offices across the world.

The company specializes in the development and manufacturing of a range of pharmaceutical products, including generic drugs, biosimilars, and innovative drugs.

 Dr. Reddy is known for its innovative products, including biosimilars for the treatment of cancer, autoimmune diseases, and diabetes.

In addition to its pharmaceutical operations, Dr. Reddy’s has also established the Dr. Reddy’s Foundation, which focuses on promoting education, healthcare, and sustainable livelihoods for underprivileged communities in India. 

The company has received numerous awards for its contributions to the pharmaceutical industry, including the Best Pharmaceutical Company award by the Economic Times Awards for Corporate Excellence in 2020.

Dr. Reddy has formed partnerships with several leading healthcare organizations, including the Biotechnology Industry Research Assistance Council in India, which has enabled it to develop new drugs and bring them to market. 

The company has the vision to become a global pharmaceutical leader, and it is continually expanding its operations and services to achieve this goal.

10. Lupin Limited

Lupin Limited is a leading pharmaceutical company in India, founded in 1968. It is headquartered in Mumbai, Maharashtra, and operates a global network of manufacturing facilities, research and development centers, and marketing offices across the world.

The company specializes in the development and manufacturing of a range of pharmaceutical products, including generic drugs, biosimilars, and specialty drugs. 

Lupin is known for its innovative products, including inhalers for the treatment of asthma and biosimilars for the treatment of cancer.

In addition to its pharmaceutical operations, Lupin has also established the Lupin Foundation, which focuses on promoting education, healthcare, and sustainable livelihoods for underprivileged communities in India.

 The company has received numerous awards for its contributions to the pharmaceutical industry, including the Best Pharmaceutical Company award by Business Today India’s Best Companies to Work For in 2020.

Lupin has formed partnerships with several leading healthcare organizations, including the National Institutes of Health in the United States, which has enabled it to develop new drugs and bring them to market. 

The company has the vision to become a global pharmaceutical leader, and it is continually expanding its operations and services to achieve this goal.

11. Biocon Limited

Biocon Limited is a leading biotechnology company in India, founded in 1978. It is headquartered in Bangalore, Karnataka, and operates a global network of manufacturing facilities, research and development centers, and marketing offices across the world.

The company specializes in the development and manufacturing of a range of biopharmaceutical products, including biosimilars, novel biologics, and small molecules. Biocon is known for its innovative products, including insulin analogs for the treatment of diabetes, and biosimilars for the treatment of cancer and autoimmune diseases.

In addition to its biopharmaceutical operations, Biocon has also established the Biocon Foundation, which focuses on promoting healthcare, education, and environmental sustainability. 

The company has received numerous awards for its contributions to the biotechnology industry, including the Best Biotech Company award by the CNBC TV18 India Business Leader Awards in 2020.

Biocon has formed partnerships with several leading healthcare organizations, including the National Institutes of Health in the United States and the Shanghai Fosun Pharmaceutical Group in China, which has enabled it to develop new biopharmaceutical products and bring them to market. 

The company has the vision to become a global biopharmaceutical leader, and it is continually expanding its operations and services to achieve this goal.

12. Cadila Healthcare Limited

Cadila Healthcare Limited is a leading pharmaceutical company in India, founded in 1952. It is headquartered in Ahmedabad, Gujarat, and operates a global network of manufacturing facilities, research and development centers, and marketing offices across the world.

The company specializes in the development and manufacturing of a range of pharmaceutical products, including generic drugs, biosimilars, and novel drugs. 

Cadila Healthcare is known for its innovative products, including novel drugs for the treatment of cancer, arthritis, and other diseases.

In addition to its pharmaceutical operations, Cadila Healthcare has also established the Zydus Medical College and Hospital in Gujarat, which provides high-quality medical education and healthcare services. 

The company has received numerous awards for its contributions to the pharmaceutical industry, including the Best Pharmaceutical Company award by the Economic Times Awards for Corporate Excellence in 2019.

Cadila Healthcare has formed partnerships with several leading healthcare organizations, including the National Institutes of Health in the United States, which has enabled it to develop new drugs and bring them to market.

 The company has the vision to become a global pharmaceutical leader, and it is continually expanding its operations and services to achieve this goal.

13. Glenmark Pharmaceuticals Limited

Glenmark Pharmaceuticals Limited is a leading pharmaceutical company in India, founded in 1977. It is headquartered in Mumbai, Maharashtra, and operates a global network of manufacturing facilities, research and development centers, and marketing offices across the world.

The company specializes in the development and manufacturing of a range of pharmaceutical products, including generic drugs, biosimilars, and novel drugs. 

Glenmark Pharmaceuticals is known for its innovative products, including novel drugs for the treatment of cancer, respiratory disorders, and other diseases.

In addition to its pharmaceutical operations, Glenmark Pharmaceuticals has also established the Glenmark Foundation, which focuses on promoting education, healthcare, and sustainable livelihoods for underprivileged communities in India. 

The company has received numerous awards for its contributions to the pharmaceutical industry, including the Best Pharmaceutical Company award by the Economic Times Awards for Corporate Excellence in 2020.

Glenmark Pharmaceuticals has formed partnerships with several leading healthcare organizations, including the National Institutes of Health in the United States, which has enabled it to develop new drugs and bring them to market.

 The company has the vision to become a global pharmaceutical leader, and it is continually expanding its operations and services to achieve this goal.

14. Aurobindo Pharma Limited

Aurobindo Pharma Limited is a leading pharmaceutical company in India, founded in 1986. 

It is headquartered in Hyderabad, Telangana, and operates a global network of manufacturing facilities, research and development centers, and marketing offices across the world.

The company specializes in the development and manufacturing of a range of pharmaceutical products, including generic drugs, biosimilars, and specialty drugs. Aurobindo Pharma is known for its innovative products, including antibiotics, antiretrovirals, and oncology drugs.

In addition to its pharmaceutical operations, Aurobindo Pharma has also established the Aurobindo Pharma Foundation, which focuses on promoting education, healthcare, and environmental sustainability. 

The company has received numerous awards for its contributions to the pharmaceutical industry, including the Best Pharmaceutical Company award by the CNBC TV18 India Business Leader Awards in 2020.

Aurobindo Pharma has formed partnerships with several leading healthcare organizations, including the National Institutes of Health in the United States and the World Health Organization, which has enabled it to develop new drugs and bring them to market. 

The company has the vision to become a global pharmaceutical leader, and it is continually expanding its operations and services to achieve this goal.

15. Wockhardt Limited

Wockhardt Limited is a leading pharmaceutical and biotechnology company in India, founded in 1960. It is headquartered in Mumbai, Maharashtra, and operates a global network of manufacturing facilities, research and development centers, and marketing offices across the world.

The company specializes in the development and manufacturing of a range of pharmaceutical products, including generic drugs, biosimilars, and specialty drugs. Wockhardt is known for its innovative products, including vaccines, antibiotics, and oncology drugs.

In addition to its pharmaceutical operations, Wockhardt has also established the Wockhardt Foundation, which focuses on promoting healthcare, education, and social welfare. 

The company has received numerous awards for its contributions to the pharmaceutical industry, including the Best Pharmaceutical Company award by the Economic Times Awards for Corporate Excellence in 2018.

Wockhardt has formed partnerships with several leading healthcare organizations, including the Bill & Melinda Gates Foundation, which has enabled it to develop new drugs and vaccines for diseases such as malaria and tuberculosis. 

The company has the vision to become a global pharmaceutical leader, and it is continually expanding its operations and services to achieve this goal.

16. Piramal Enterprises Limited

Piramal Enterprises Limited is a diversified conglomerate with business interests in various sectors, including healthcare, financial services, and real estate. It was founded in 1984 and is headquartered in Mumbai, Maharashtra.

Piramal’s healthcare division focuses on the development and manufacturing of pharmaceuticals, medical devices, and diagnostics. The company has a strong presence in the domestic market and exports its products to over 100 countries worldwide.

Piramal’s pharmaceuticals business is focused on developing and manufacturing a wide range of generic drugs, active pharmaceutical ingredients, and formulations across various therapeutic categories such as oncology, pain management, and respiratory disorders. 

The medical devices and diagnostics business of Piramal provides innovative solutions for critical care, ophthalmology, and other medical applications.

Piramal has received numerous awards for its contribution to the healthcare industry, including the “Best Pharma Company” award by Business Today magazine in 2019. 

The company has also been recognized for its sustainable business practices and CSR initiatives, including the Piramal Sarvajal initiative, which provides safe drinking water to underserved communities in India.

Piramal has a strong commitment to innovation and R&D and has established partnerships with leading global pharmaceutical companies, research organizations, and academic institutions to develop new drugs and therapies. 

The company is also focused on expanding its presence in emerging markets and investing in new technology and digital solutions to enhance patient care and access to healthcare services.

17. GSK Pharmaceuticals Limited

GSK Pharmaceuticals Limited is a subsidiary of the global healthcare company, GlaxoSmithKline, headquartered in the United Kingdom. GSK Pharmaceuticals Limited is headquartered in Mumbai, Maharashtra, and is a leading pharmaceutical company in India, with a strong presence in the domestic market.

The company focuses on the development and manufacturing of a wide range of pharmaceutical products, including prescription medicines, vaccines, and consumer healthcare products. 

GSK Pharmaceuticals Limited is known for its innovative products in areas such as respiratory diseases, oncology, and HIV/AIDS.

The company has a strong commitment to research and development, and it has established partnerships with leading academic institutions and research organizations in India and abroad to develop new drugs and therapies. 

GSK Pharmaceuticals Limited has received numerous awards for its contributions to the healthcare industry, including the “Best Pharma Company” award by Business Today magazine in 2018.

GSK Pharmaceuticals Limited has also established several initiatives and programs to improve access to healthcare and support communities.

 For example, the company has launched programs to address the challenges of tuberculosis and asthma in India, and it has also established partnerships with nonprofit organizations to provide healthcare services to underserved communities.

GSK Pharmaceuticals Limited has a strong focus on sustainability and has set ambitious targets to reduce its environmental impact and increase access to healthcare for underserved populations. The company is also investing in new technology and digital solutions to improve patient care and access to healthcare services.

18. Abbott India Limited

Abbott India Limited is a subsidiary of Abbott Laboratories, a global healthcare company headquartered in the United States.

 Abbott India Limited is headquartered in Mumbai, Maharashtra, and is a leading pharmaceutical company in India, with a strong presence in the domestic market.

The company specializes in the development and manufacturing of a range of pharmaceutical products, including branded generics, vaccines, and medical devices. 

Abbott India Limited is known for its innovative products in areas such as gastroenterology, women’s health, and neuroscience.

Abbott India Limited has a strong commitment to research and development, and it has established partnerships with leading academic institutions and research organizations in India and abroad to develop new drugs and therapies. 

The company has received numerous awards for its contributions to the healthcare industry, including the “Best Pharma Company” award by Business Today magazine in 2017.

Abbott India Limited has also established several initiatives and programs to improve access to healthcare and support communities. 

For example, the company has launched programs to address the challenges of diabetes and cardiovascular disease in India, and it has also established partnerships with nonprofit organizations to provide healthcare services to underserved communities.

Abbott India Limited has a strong focus on sustainability and has set ambitious targets to reduce its environmental impact and increase access to healthcare for underserved populations. 

The company is also investing in new technology and digital solutions to improve patient care and access to healthcare services.

19. Pfizer India

Pfizer India is a subsidiary of Pfizer Inc., a global pharmaceutical company headquartered in the United States. Pfizer India is headquartered in Mumbai, Maharashtra, and is a leading pharmaceutical company in India, with a strong presence in the domestic market.

Pfizer India specializes in the development and manufacturing of a range of pharmaceutical products, including prescription medicines, vaccines, and consumer healthcare products. The company is known for its innovative products in areas such as oncology, cardiology, and pain management.

Pfizer India has a strong commitment to research and development, and it has established partnerships with leading academic institutions and research organizations in India and abroad to develop new drugs and therapies. The company has received numerous awards for its contributions to the healthcare industry, including the “Best Pharma Company” award by Business Today magazine in 2016.

Pfizer India has also established several initiatives and programs to improve access to healthcare and support communities. For example, the company has launched programs to address the challenges of breast cancer and diabetes in India, and it has also established partnerships with nonprofit organizations to provide healthcare services to underserved communities.

Pfizer India has a strong focus on sustainability and has set ambitious targets to reduce its environmental impact and increase access to healthcare for underserved populations. The company is also investing in new technology and digital solutions to improve patient care and access to healthcare services.

20. Sanofi India Limited

Sanofi India Limited is a subsidiary of Sanofi, a global pharmaceutical company headquartered in France. Sanofi India Limited is headquartered in Mumbai, Maharashtra, and is a leading pharmaceutical company in India, with a strong presence in the domestic market.

Sanofi India Limited specializes in the development and manufacturing of a range of pharmaceutical products, including prescription medicines, vaccines, and consumer healthcare products. 

The company is known for its innovative products in areas such as diabetes, cardiovascular disease, and rare diseases.

Sanofi India Limited has a strong commitment to research and development, and it has established partnerships with leading academic institutions and research organizations in India and abroad to develop new drugs and therapies. 

The company has received numerous awards for its contributions to the healthcare industry, including the “Best Pharma Company” award by Business Today magazine in 2015.

Sanofi India Limited has also established several initiatives and programs to improve access to healthcare and support communities.

 For example, the company has launched programs to address the challenges of tuberculosis and diabetes in India, and it has also established partnerships with nonprofit organizations to provide healthcare services to underserved communities.

Sanofi India Limited has a strong focus on sustainability and has set ambitious targets to reduce its environmental impact and increase access to healthcare for underserved populations.

 The company is also investing in new technology and digital solutions to improve patient care and access to healthcare services.

It is always important to conduct your own research and consult with industry experts before making any investment or business decisions.