Check list & Costs behind Pharmaceutical API Trading Company in India.

Check - List to establish a pharmaceutical API trading company in India, focusing on sourcing and supplying high-quality Active Pharmaceutical Ingredients (APIs) to domestic and international markets.

Approvals and Permissions:

1. Drug License from CDSCO (Central Drugs Standard Control Organization)

2. GST Registration

3. Import-Export Code (IEC) from DGFT (Directorate General of Foreign Trade)

4. ISO 9001:2015 Certification

5. Compliance with GMP (Good Manufacturing Practice) guidelines

Fees:

1. Drug License: ₹50,000 - ₹1,00,000

2. GST Registration: ₹0 (no fees for registration)

3. IEC: ₹1,000 - ₹2,000

4. ISO 9001:2015 Certification: ₹50,000 - ₹1,00,000

5. GMP Compliance: ₹1,00,000 - ₹2,00,000

Manpower:

1. Managing Director/CEO: 1

2. Sales and Marketing Team: 3-4

3. Procurement Team: 2-3

4. Quality Control Team: 2-3

5. Regulatory Affairs Team: 1-2

6. Logistics and Supply Chain Team: 2-3

7. Accounts and Finance Team: 2-3

Total Manpower: 15-20

Infrastructure:

1. Office Space: 1,000 - 2,000 sq. ft.

2. Warehouse Space: 2,000 - 5,000 sq. ft.

3. Laboratory Space: 500 - 1,000 sq. ft.

Initial Investment:

1. Office Setup: ₹5,00,000 - ₹10,00,000

2. Warehouse Setup: ₹10,00,000 - ₹20,00,000

3. Laboratory Setup: ₹5,00,000 - ₹10,00,000

4. Manpower and Training: ₹10,00,000 - ₹20,00,000

5. Marketing and Promotion: ₹5,00,000 - ₹10,00,000

Total Initial Investment: ₹35,00,000 - ₹60,00,000

If any oter question please feel free to contact with us.