Generic Medicine Store Franchise | Generic Medical Franchise in India

India's No.1 Fastest Growing Generic Medicine Manufacturing And Distribution Company

India's No.1 Fastest growing Generic medicine manufacturing and distribution company

Genericplus Pharmacy is continuously expanding its business at various fronts by appointing a new franchise of Genericplus Pharma Shops. With around 1300+ registered stores in Maharashtra and Karnataka, the company is planning to tap the PAN India market by launching massive programs for better pharmaceutical manufacturing and drug delivery models.

Launch Year of the Brand

2016

Number of Stores Opened

1,300+

Number of Pharmacist

2,562+

Know More About Us

Why choose us?

Receive Exclusive benefits to partner with leading supplier of generic medicines.

Receive Exclusive benefits to partner with leading supplier of generic medicines.

Fastest growing franchise chain of generic medicines PAN India

Already running successfully 1300+ outlets

Biggest warehousing setup PAN India

Telemedicine facility on mobile app

Loan facilities available through Cosmos

Insurance Business facility for franchise owner

Over 3500+ generic medicine available under one roof.

Low investment with a high profit margin

Know about our few of the happy partners experiences :

Kavita Gosavi

Partner since : 2018

Three years ago, I had the pleasure of collaborating with Genericplus. It is commendable how much effort they put into customer service, deliverables, and time management. Their constant follow ups helped me increase my business growth to 90% in just a few months. Genericplus pharmacy is the best platform and concept to start a business and make a career. The wide variety of elements they offer comes with zero shortages, and their strong customer service is an additional advantage.

Sunil Dharandale

Partner since : 2017

Satisfaction is the most critical factor that every entrepreneur thinks about before investing in a franchise. At Genericplus, they offer the facility of constant follow-ups to ensure customer satisfaction.
They are always ready to address all the shortcomings for smooth running of the stores. The team is the easiest to communicate with for achieving practical results in a short time.

Madhuri Shedge

Partner since : 2019

My experience with Genericplus has been extremely rewarding. A welcoming team with an easy onboarding and documentation process. They have effective operational management and marketing associates.
Their relationship maintenance with the franchise owner is absolutely professional. They regularly deliver feedback in order to achieve ambitious outcomes from us.

Ashutosh Kadam

Partner since : 2017

We had a chance to be part of their interesting and interactive team. Where we noticed drastic changes in my business with their support. Engaging with Genericplus has been one of the best decisions in my career. Their years of experience has proven real growth from time to time.

Know about our few of the happy partners experiences :

Kavita Gosavi

Partner since : 2018

Three years ago, I had the pleasure of collaborating with Genericplus. It is commendable how much effort they put into customer service, deliverables, and time management. Their constant follow ups helped me increase my business growth to 90% in just a few months. Genericplus pharmacy is the best platform and concept to start a business and make a career. The wide variety of elements they offer comes with zero shortages, and their strong customer service is an additional advantage.

Sunil Dharandale

Partner since : 2017

Satisfaction is the most critical factor that every entrepreneur thinks about before investing in a franchise. At Genericplus, they offer the facility of constant follow-ups to ensure customer satisfaction.
They are always ready to address all the shortcomings for smooth running of the stores. The team is the easiest to communicate with for achieving practical results in a short time.

Madhuri Shedge

Partner since : 2019

My experience with Genericplus has been extremely rewarding. A welcoming team with an easy onboarding and documentation process. They have effective operational management and marketing associates.
Their relationship maintenance with the franchise owner is absolutely professional. They regularly deliver feedback in order to achieve ambitious outcomes from us.

Ashutosh Kadam

Partner since : 2017

We had a chance to be part of their interesting and interactive team. Where we noticed drastic changes in my business with their support. Engaging with Genericplus has been one of the best decisions in my career. Their years of experience has proven real growth from time to time.

How this works?

Get set with 4 steps process to step in as our valuable partner.

Application

Fill in the form below for applying as a partner. Give all the details correctly.

Verification

You will receive an email to connect once verified by our team.

Location Visit

As soon as we are checked in with the verification process. Our team will try to locate the area surrounding the building of the pharmacy.

Approval

Now you arrive at the final and easiest step. Here get all the manuals and approvals to begin with the brand.

Work with Us

Professional development is a priority for us, which is why we hire exceptional talent. In our multi-dimensional environment, we offer challenging roles with clear responsibilities, and a variety of opportunities to develop skills and learn.

Testimonials

Let’s see what our clients say about us.

Let’s Connect

Genericplus Pharmacy Pvt. Ltd.

Marvel Feugo, Office no. 6070, Opp. Seasons Mall, Magarpatta Road, Hadapsar, Pune 411028.

For Franchise Contact :

prm@genericpluspharmacy.co.in

+91 9145 009 191

Or Submit the Form to Connect

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Generic Medicine Franchisee

    In the simplest terms, generic medicines are medications manufactured to replicate an already marketed brand name medication with similar dosage form, safety, strength, route of administration, quality, and intended use.


    In India, the escalating cost of healthcare is what led people to opt for generic medicines. In 2008, the Government of India, through the Department of Pharmaceuticals, started a new initiative, “Jan Aushadhi” (a Hindi word translated as “Medicine for People”). This program envisaged making generic medicines available to common people in the country at a reasonable and affordable price through retail outlets’ setup, so investing in generic plus franchisees is a very profitable option as the central government is running different awareness campaigns to encourage people to opt for generic medicines, which is going to benefit all the franchisee owners in the long term.


    However, there are still questions raised about the use and benefits of generic medicines. Therefore we are here to answer those questions.

FAQs

Are generic medicines as effective as their counterpart branded medicines?

    Yes, Generic medicines work the same as brand-name medicines. Hence it could be said that generic medicines are the perfect substitute for the brand-name counterparts. This is possible as it is necessary that the generic pharmacies go through a series of rigorous tests of pre-approval by the FDA. The FDA also monitors the active pharmaceutical ingredients and that they provide the same effect similar to their brand-name counterpart while ensuring that it is safe.


    The FDA also ensures that the manufacturing plants and suppliers are following the regulations on good manufacturing practices by conducting routine inspections.

The simple answer is that it is due to the trade laws and branding purposes are the reasons that generic medicine pharmacies manufacture generic drugs that are different in color, taste, and shape. However, it does not change the use and benefits of the generic drugs as the active ingredients remain constant it is just the inactive ingredients that differ.

The cost of a Generic drug is 20 to 80 % lesser than that of its branded counter- part. The main reason behind this is that generic drug manufacturers do not invest as much as their counterpart brand names. Generic medicines pharmacies do not need to invest in a separate laboratory as well as investment in the research and development department is inexpensive.

Yes, generic medicines are always safe to use as a substitute for brand-named ones as it is a fact that the active ingredients in a brand-name drug when compared to a generic drug are identical. Therefore ensuring that the generic medicine suppliers provide similar use and benefits to the branded ones.

There are two ways that a person could start a generic store, either by opening a medical store or by acquiring a generic medicine franchise. To open a generic medicine store in Maharashtra it is necessary that the applicant receives a government-approved Drug license. Further providing blueprints of the location of the store to paying the Challan of the fee Necessary.

It is crucial to know that a wholesale FDA drug license is present as well as a Pharmacist holding a degree of either B.Pharm. / D.Pharm must be employed in the store or the franchise. To acquire the franchise it is also necessary that a rented/owned warehouse of around 400 sq. ft in addition to an investment of Rs 12,00,000 is necessary.

Voila! here is your guide to generic medicines.

Manufacturers of 3500+ Generic Medicines