Top 10 Vaccine Companies in India | Suppliers 2025

Code: MTA8156 Publication Date: Aug 2025

Top 10 Vaccine Companies in India

According to 6Wresearch internal database and industry insights, the India Vaccine Market is anticipated to experience robust growth, registering a CAGR of 12.2% during the forecast period (2025-2031).

This growth is being propelled by increasing immunization coverage, rising public health initiatives, and growing investments in vaccine R&D and manufacturing. Additionally, heightened awareness regarding preventive healthcare, coupled with the advent of new vaccine technologies, is further accelerating market expansion across both urban and rural regions.

This report emphasizes the Top 10 Vaccine Companies in India, as acknowledged through widespread analysis conducted by 6Wresearch internal database. Directed by in-depth market evaluation and industry experts, these leading companies have been known as the primary leaders driving growth and innovation in the India Vaccine Industry.

List of Leading Companies in the India Vaccine Market

Below is a comprehensive list of the leading market players driving growth in this sector:

  • Bharat Biotech International Limited
  • Headquarters: Hyderabad, Telangana
  • Established: 1996
  • Website: www.bharatbiotech.com
  • Bharat Biotech is known for developing innovative vaccines, including Covaxin, and has a diverse portfolio targeting infectious diseases globally.

1. Serum Institute of India Pvt. Ltd

Company NameSerum Institute of India Pvt. Ltd
Establishment Year1966
HeadquartersPune, Maharashtra
Official WebsiteClick Here

Serum Institute is the world’s largest vaccine manufacturer by volume, supplying affordable and high-quality vaccines to over 170 countries.

2. Biological E. Limited

Company NameBiological E. Limited
Establishment Year1953
HeadquartersHyderabad, Telangana
Official WebsiteClick Here

Biological E specializes in pediatric and adult vaccines, contributing significantly to India’s immunization programs and global vaccine supply chains.

3. Panacea Biotec Ltd

Company NamePanacea Biotec Ltd
Establishment Year1984
HeadquartersNew Delhi, Delhi
Official WebsiteClick Here

Panacea Biotec focuses on vaccines for polio, tetanus, hepatitis, and other diseases, with strong capabilities in R&D and biopharmaceutical manufacturing.

4. Indian Immunologicals Ltd

Company NameIndian Immunologicals Ltd
Establishment Year1982
HeadquartersHyderabad, Telangana
Official WebsiteClick Here

Indian Immunologicals offers both human and veterinary vaccines, with a mission to make quality immunization affordable and accessible.

5. Haffkine Bio-Pharmaceutical Corporation Ltd

Company NameHaffkine Bio-Pharmaceutical Corporation Ltd
Establishment Year1975
HeadquartersMumbai, Maharashtra
Official Website-

Haffkine Bio-Pharmaceutical is a state-owned entity producing essential vaccines and sera for public health programs.

6. Zydus Lifesciences Ltd

Company NameZydus Lifesciences Ltd
Establishment Year1952
HeadquartersAhmedabad, Gujarat
Official WebsiteClick Here

Zydus Lifesciences develops and markets vaccines for influenza, typhoid, and other infections, leveraging its strong pharma network and manufacturing base.

7. Gennova Biopharmaceuticals Ltd

Company NameGennova Biopharmaceuticals Ltd
Establishment Year2001
HeadquartersPune, Maharashtra
Official WebsiteClick Here

Gennova focuses on mRNA and next-generation vaccine technologies, with significant contributions to indigenous vaccine development.

8. Sanofi India Ltd

Company NameSanofi India Ltd
Establishment Year1956
HeadquartersMumbai, Maharashtra
Official WebsiteClick Here

Sanofi India is a major supplier of vaccines for polio, influenza, and pediatric diseases, with a strong presence in both private and public health sectors.

9. MSD Pharmaceuticals Pvt. Ltd (Merck & Co.)

Company NameMSD Pharmaceuticals Pvt. Ltd (Merck & Co.)
Establishment Year2009
HeadquartersMumbai, Maharashtra
Official WebsiteClick Here

MSD brings global expertise to India, offering vaccines for HPV, rotavirus, and other diseases while collaborating with public health programs.

Top 10 Vaccine Companies in India :FAQs

India Vaccine Market is projected to grow at a CAGR of 12.2% between 2025-2031.
Leading players include Serum Institute of India, Bharat Biotech, Biological E, Panacea Biotec, and Zydus Lifesciences.
Growth is spurred by expanding immunization programs, technological advancements, government initiatives, and rising public health awareness.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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