Who Supplies Bhasma? Top Manufacturers & Their Global Buyers
India accounts for a significant share of global Bhasma exports, with 76+ registered manufacturers shipping to buyers across 34+ countries — yet a handful of companies dominate the shipments. AJANTA PHARMA LIMITED holds the largest share at 16.7% (export value: $69.4K). Close behind, SHREE DHOOTAPAPESHWAR LIMITED (10.3%, $42.6K). U SQUARE LIFESCIENCE PRIVATE LIMITED (8.0%, $33.2K). The Sankey diagram below maps every supplier's customer flow in detail. All figures are drawn from Indian Customs (DGFT) shipping bill records.
🏭 Market Analysis: Top Suppliers & Customer Networks
Comprehensive supplier network intelligence dashboard
Who Supplies Bhasma? Top Manufacturers & Their Buyers
Flow of Bhasma from leading Indian exporters to their key global customers
Supplier-Customer Network Analysis
Top Suppliers → Customer Networks
Bhasma Supplier Network — Key Market Intelligence
The Bhasma export market from India is led by AJANTA PHARMA LIMITED, which alone commands a 16.7% share, shipping $69.4K worth of product across 27 shipments. The second-largest exporter, SHREE DHOOTAPAPESHWAR LIMITED, contributes $42.6K (10.3%) to the overall market. Combined, the top two suppliers alone account for 27.0% of all Bhasma exports, indicating a relatively concentrated supply base.
Across all 76 tracked manufacturers, the total Bhasma export value stands at $414.6K from 720 shipments. The market average shipment value is $576. The single largest buyer relationship in terms of trade value is PLANET PHARMA SA, receiving $30.8K worth of product.
The combined buyer network spans 16 named purchasing companies, including PLANET PHARMA SA, FARMAMIR LLC, NEMAN # PHARM LLC, ERAI PHARM LLC, MEGA MEDI IMPEX PVT LTD and 11 others. These buyers represent pharmaceutical manufacturers, distributors, hospital procurement groups, and generic drug producers operating across multiple continents.
Market Analysis: Top Suppliers & Their Customer Networks
1AJANTA PHARMA LIMITED
AJANTA PHARMA LIMITED is the first-largest Bhasma exporter from India, with a market share of 16.7% and a total export value of $69.4K across 27 shipments. Their average shipment value of $2.6K is above the market average of $576, suggesting premium or bulk contract pricing.
AJANTA PHARMA LIMITED serves 5 named buyers in our database. Business is spread across multiple buyers, reducing single-customer dependency. Top customers include:
• PLANET PHARMA SA — $30.8K across 12 shipments (44.3% of this supplier's total exports)
• FARMAMIR LLC — $18.9K across 7 shipments (27.2% of this supplier's total exports)
• NEMAN # PHARM LLC — $11.0K across 4 shipments (15.8% of this supplier's total exports)
• ERAI PHARM LLC — $6.4K across 2 shipments (9.2% of this supplier's total exports)
• ERAI PHARM LLC — $2.4K across 1 shipments (3.4% of this supplier's total exports)
Key Insight: AJANTA PHARMA LIMITED's per-shipment value of $2.6K is 346% above the market average of $576, consistent with large-order contracts or value-added formulations.
2SHREE DHOOTAPAPESHWAR LIMITED
SHREE DHOOTAPAPESHWAR LIMITED is the second-largest Bhasma exporter from India, with a market share of 10.3% and a total export value of $42.6K across 123 shipments. Their average shipment value of $346 is below the market average of $576, reflecting a high-volume, competitive pricing strategy.
SHREE DHOOTAPAPESHWAR LIMITED serves 5 named buyers in our database. Business is spread across multiple buyers, reducing single-customer dependency. Top customers include:
• MEGA MEDI IMPEX PVT LTD — $14.9K across 43 shipments (35.0% of this supplier's total exports)
• MEGA MEDI IMPEX PVT LTD — $10.0K across 29 shipments (23.6% of this supplier's total exports)
• A.V. H. DISTRIBUTORS (PVT) LTD. — $7.3K across 21 shipments (17.2% of this supplier's total exports)
• MEGA MEDI IMPEX PVT LTD — $5.8K across 17 shipments (13.5% of this supplier's total exports)
• MEGA MEDI IMPEX PRIV — $4.5K across 13 shipments (10.6% of this supplier's total exports)
Key Insight: SHREE DHOOTAPAPESHWAR LIMITED operates with high shipment frequency (123 shipments) at a per-shipment value of $346, indicating a broad distribution network with many smaller, regular orders.
3U SQUARE LIFESCIENCE PRIVATE LIMITED
U SQUARE LIFESCIENCE PRIVATE LIMITED is the third-largest Bhasma exporter from India, with a market share of 8.0% and a total export value of $33.2K across 3 shipments. Their average shipment value of $11.1K is above the market average of $576, suggesting premium or bulk contract pricing.
U SQUARE LIFESCIENCE PRIVATE LIMITED serves 2 named buyers in our database. TO THE ORDER is the dominant customer, accounting for 83.5% of this supplier's tracked business. Top customers include:
• TO THE ORDER — $27.8K across 3 shipments (83.5% of this supplier's total exports)
• MACARIO FARMA — $5.5K across 0 shipments (16.5% of this supplier's total exports)
Key Insight: U SQUARE LIFESCIENCE PRIVATE LIMITED's per-shipment value of $11.1K is 1824% above the market average of $576, consistent with large-order contracts or value-added formulations.
4PATANJALI AYURVED LIMITED
PATANJALI AYURVED LIMITED is the fourth-largest Bhasma exporter from India, with a market share of 6.5% and a total export value of $26.9K across 14 shipments. Their average shipment value of $1.9K is above the market average of $576, suggesting premium or bulk contract pricing.
PATANJALI AYURVED LIMITED serves 2 named buyers in our database. PATANJALI AYURVED PRIVATE LIMITED is the dominant customer, accounting for 65.8% of this supplier's tracked business. Top customers include:
• PATANJALI AYURVED PRIVATE LIMITED — $17.7K across 9 shipments (65.8% of this supplier's total exports)
• PATANJALI AYURVED PVT LTD — $9.2K across 5 shipments (34.2% of this supplier's total exports)
Key Insight: PATANJALI AYURVED LIMITED's per-shipment value of $1.9K is 234% above the market average of $576, consistent with large-order contracts or value-added formulations.
5EPSTOM SPEC CHEM PRIVATE LIMITED
EPSTOM SPEC CHEM PRIVATE LIMITED is the fifth-largest Bhasma exporter from India, with a market share of 6.5% and a total export value of $26.9K across 5 shipments. Their average shipment value of $5.4K is above the market average of $576, suggesting premium or bulk contract pricing.
EPSTOM SPEC CHEM PRIVATE LIMITED serves 1 named buyer in our database. AYUSHAKTI B V is the dominant customer, accounting for 100.0% of this supplier's tracked business. Top customers include:
• AYUSHAKTI B V — $26.9K across 5 shipments (100.0% of this supplier's total exports)
Key Insight: EPSTOM SPEC CHEM PRIVATE LIMITED's per-shipment value of $5.4K is 834% above the market average of $576, consistent with large-order contracts or value-added formulations.
6DABUR INDIA LIMITED
DABUR INDIA LIMITED is the fifth-largest Bhasma exporter from India, with a market share of 6.4% and a total export value of $26.7K across 106 shipments. Their average shipment value of $252 is below the market average of $576, reflecting a high-volume, competitive pricing strategy.
DABUR INDIA LIMITED serves 5 named buyers in our database. Business is spread across multiple buyers, reducing single-customer dependency. Top customers include:
• LUNA TRADING CO.PVT.LTD — $8.4K across 33 shipments (31.5% of this supplier's total exports)
• DABUR NEPAL PRIVATE LIMITED — $7.9K across 31 shipments (29.6% of this supplier's total exports)
• DABUR NEPAL PVT LTD — $6.5K across 26 shipments (24.4% of this supplier's total exports)
• LUNA TRADING — $2.6K across 10 shipments (9.8% of this supplier's total exports)
• LUNA TRADING CO.PRIV — $1.3K across 5 shipments (4.8% of this supplier's total exports)
Key Insight: DABUR INDIA LIMITED operates with high shipment frequency (106 shipments) at a per-shipment value of $252, indicating a broad distribution network with many smaller, regular orders.
From Indian Factories to Global Pharmacies — How Bhasma Flows
Once Bhasma leaves the manufacturing plants of companies like AJANTA PHARMA LIMITED and SHREE DHOOTAPAPESHWAR LIMITED, it travels to 5 destination markets with a combined import value of $414.6K. Nepal absorbs the largest share at 35.1% ($145.6K), followed by United Arab Emirates (13.5%) and Kyrgyzstan (10.2%).
In Nepal — the top destination — named importers include PATANJALI AYURVED PRIVATE LIMITED, MEGA MEDI IMPEX PVT.LTD, MEGA MEDI IMPEX PVT LTD. In United Arab Emirates, key buyers are AL YANBOU CHEMICALS TRADING CO.LLC.
This geographic spread reflects Bhasma's role as an essential active pharmaceutical ingredient (API) and finished dosage form — sourced primarily from India due to its cost-competitive, WHO-compliant manufacturing base. The Sankey diagram below maps these destination countries to their named importers in detail.
🌍 Market Analysis: Top Importing Countries & Importers
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Where Does Bhasma Go? Top Importing Countries & Their Buyers
Trade flow of Bhasma exports from India — top destination countries and the named companies importing it
Geographic Market Flow Analysis
Top Countries → Global Importers
Market Analysis: Top Importing Countries & Their Importers
1Nepal
Nepal ranks as the first-largest destination for Bhasma imports from India, with a total trade value of $145.6K across 169 shipments — representing a 35.1% share of all Bhasma exports. The average shipment value of $862 is above the global average of $576, indicating high-value procurement contracts or branded formulations. This market is served by 9 tracked buyers.
Named Bhasma importers in Nepal: PATANJALI AYURVED PRIVATE LIMITED is the largest buyer, accounting for 12.2% ($17.7K) of this market's total imports.
• PATANJALI AYURVED PRIVATE LIMITED — $17.7K (12.2% of Nepal's total)
• MEGA MEDI IMPEX PVT.LTD — $15.8K (10.9% of Nepal's total)
• MEGA MEDI IMPEX PVT LTD — $14.9K (10.2% of Nepal's total)
Key Insight: Nepal's per-shipment average of $862 (50% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Nepal is a key market for Bhasma imports from India.
2United Arab Emirates
United Arab Emirates ranks as the second-largest destination for Bhasma imports from India, with a total trade value of $55.8K across 8 shipments — representing a 13.5% share of all Bhasma exports. The average shipment value of $7.0K is above the global average of $576, indicating high-value procurement contracts or branded formulations. This market is served by 1 tracked buyer.
Named Bhasma importers in United Arab Emirates: AL YANBOU CHEMICALS TRADING CO.LLC is the largest buyer, accounting for 18.2% ($10.2K) of this market's total imports.
• AL YANBOU CHEMICALS TRADING CO.LLC — $10.2K (18.2% of United Arab Emirates's total)
Key Insight: United Arab Emirates's per-shipment average of $7.0K (1111% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
United Arab Emirates is a key market for Bhasma imports from India.
3Kyrgyzstan
Kyrgyzstan ranks as the third-largest destination for Bhasma imports from India, with a total trade value of $42.3K across 12 shipments — representing a 10.2% share of all Bhasma exports. The average shipment value of $3.5K is above the global average of $576, indicating high-value procurement contracts or branded formulations. This market is served by 2 tracked buyers.
Named Bhasma importers in Kyrgyzstan: FARMAMIR LLC is the largest buyer, accounting for 44.6% ($18.9K) of this market's total imports.
• FARMAMIR LLC — $18.9K (44.6% of Kyrgyzstan's total)
• NEMAN # PHARM LLC — $11.0K (25.9% of Kyrgyzstan's total)
Key Insight: Kyrgyzstan's per-shipment average of $3.5K (512% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Kyrgyzstan is a key market for Bhasma imports from India.
4Dominican Republic
Dominican Republic ranks as the fourth-largest destination for Bhasma imports from India, with a total trade value of $33.2K across 0 shipments — representing a 8.0% share of all Bhasma exports. The average shipment value of $33.2K is above the global average of $576, indicating high-value procurement contracts or branded formulations.
Key Insight: Dominican Republic's per-shipment average of $33.2K (5674% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Dominican Republic is a key market for Bhasma imports from India.
5France
France ranks as the fifth-largest destination for Bhasma imports from India, with a total trade value of $30.8K across 2 shipments — representing a 7.4% share of all Bhasma exports. The average shipment value of $15.4K is above the global average of $576, indicating high-value procurement contracts or branded formulations. This market is served by 1 tracked buyer.
Named Bhasma importers in France: PLANET PHARMA SA is the largest buyer, accounting for 99.7% ($30.8K) of this market's total imports.
• PLANET PHARMA SA — $30.8K (99.7% of France's total)
Key Insight: France's per-shipment average of $15.4K (2578% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
France is a key market for Bhasma imports from India.
People Also Ask — Bhasma Supplier & Trade Network
Who are the top suppliers of Bhasma from India?+
Which companies buy Bhasma from Indian manufacturers?+
Where does Bhasma exported from India go?+
What is the market share of the top Bhasma supplier from India?+
What is the average shipment value for Bhasma exports from India?+
Is Bhasma manufactured in India and exported globally?+
Which country imports the most Bhasma from India?+
Who are the buyers of Bhasma in United Arab Emirates?+
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How do I find verified buyers for Bhasma in specific countries?+
Bhasma Trade Network — Key Takeaways
- 1AJANTA PHARMA LIMITED is India's dominant Bhasma exporter with a 16.7% market share and $69.4K in total exports — making it the single most important sourcing entity in this market.
- 2The top 76 suppliers collectively account for 54.4% of all tracked Bhasma exports, with a combined trade value of $414.6K.
- 3Nepal is the largest destination market, absorbing 35.1% of India's Bhasma exports ($145.6K). United Arab Emirates (13.5%) and Kyrgyzstan (10.2%) follow.
- 4With 720 total shipments averaging $576 each, the Bhasma export trade from India reflects both bulk API supply and finished dosage form distribution.
- 5Verified buyers across the network include PLANET PHARMA SA, FARMAMIR LLC, MEGA MEDI IMPEX PVT LTD, MEGA MEDI IMPEX PVT LTD — representing a diverse base of pharmaceutical importers, distributors, and generic drug manufacturers globally.
Network Overview
Supplier Network
Country Network
Network Insights
Top supplier: 5 customers
6 suppliers → 34 countries
Network value: $414.6K
Related Analysis
Market Intelligence
Latest developments and market context
Detailed market intelligence for Bhasma — including regulatory updates, trade policy changes, and competitive landscape analysis — will be available in an upcoming update. This section will feature AI-researched insights from verified industry sources, government notifications, and market reports.
Official References & Regulatory Resources
- CDSCO India
- Pharmexcil
- IBEF — India Pharma Industry
- Ministry of Commerce — Pharma Exports
- India Trade Statistics (DGFT)
Verify manufacturer licensing and export certifications with the official agencies above.
Research Methodology & Data Transparency
Suresh Sormare
Verified AuthorPharmaceutical Export-Import Analyst & Trade Intelligence Expert
Suresh Sormare is a pharmaceutical export-import analyst with deep expertise in Indian Customs (DGFT) data, HS code classification, and global pharmaceutical supply chains. His analysis covers 10M+ shipment records across 150+ countries and is used by manufacturers, procurement agencies, and trade consultants worldwide. Suresh specializes in identifying verified suppliers and buyers from customs records, mapping bilateral pharmaceutical trade corridors, analyzing tariff structures and regulatory frameworks across 170+ destination markets, and benchmarking competitive positioning for finished pharmaceutical formulations. His methodology combines granular customs transaction data with regulatory intelligence from FDA, EMA, WHO, CDSCO, and 40+ national drug authorities to deliver actionable trade insights for the pharmaceutical formulations sector.
linkedin.com/in/sureshsormarePrimary Data Source
All trade data is sourced from Indian Customs (DGFT) official shipping bill records — the authoritative government database for India's pharmaceutical trade. Each verified record contains exporter name, consignee (buyer) name, detailed product description, quantity, declared FOB value (USD), port of loading, destination country, and shipment date.
Analysis Methodology
- 1.Network Construction: Supplier-to-buyer trade relationships constructed from verified shipment pairs in Indian Customs (DGFT) records for Bhasma.
- 2.Flow Mapping: 76 Indian manufacturers mapped to their international buyer networks using consignee name normalization.
- 3.Value Aggregation: Trade value per supplier-buyer link aggregated from 720 individual shipment records. Values are FOB in USD.
- 4.Geographic Clustering: Buyer networks clustered across 34 destination countries to identify geographic concentration patterns.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
720 Verified Shipments
76 manufacturers in network
Expert-Reviewed
By pharmaceutical trade specialists