Know the Steps to Start a Pharma Franchise in Kerala with JV Healthcare

The pharmaceutical industry in India is booming and having own manufacturing pharma franchise in Kerala can be a lucrative business venture. After all, Kerala is among the top states in India when it comes to health care and medicines. Here are the steps you need to take to have your own pharma franchise in Kerala.

Understand the Policies

Before starting your Pharma Franchise Company in Kerala, you need to familiarize yourself with all the rules and regulations related to the industry. Since there is a high degree of government control in India, you will need to know all the policies and guidelines specified by the Drug Controller General of India (DCGI). This includes the Drug and Cosmetic Act, 1940, the Drugs and Cosmetics Rules, 1945, and the Pharmacy Act, 1948.

Obtain the Licenses

After familiarizing yourself with the policies, you will need to obtain the necessary licenses and permits to launch your pharmaceutical franchise. In Kerala, you should obtain the Drug License and the Wholesale License from the Drug Controller General of India. You will also need to obtain the GST registration, the Trade License, and the Drug Distribution License from the state government.

Set Up a Warehouse

You need to set up a warehouse for stocking and distributing medicines. The warehouse must have the requisite infrastructure, resources, and personnel to handle the storage and distribution operations efficiently. You will also need to make sure that the warehouse meets the standards set by the Drug Controller General of India.

Make Connections

You need to forge relationships with pharmaceutical manufacturers in order to be able to stock their products. You can make use of the internet to find manufacturers and contact them to negotiate a contract. Additionally, it is important to build a network of reputable drugstores and hospitals in order to ensure that your products are sold quickly.

Follow the Right Practices

In order to ensure the success of your PCD Pharma Company in Kerala, you need to adhere to the right practices. This includes maintaining professional ethics, following all the laws and regulations related to the pharmaceutical industry, and taking necessary measures to ensure the quality of your products.

By following these steps, you can set up your own pharmaceutical franchise in Kerala and capitalize on the booming industry. With the right strategies and hard work, you can create a successful business that will offer you a steady source of income