Indian Bhasma Exporters: Complete Supplier Ranking with Market Share — 76 Manufacturers (2026) — TransData Nexus

Q: Who is the largest bhasma supplier from India?

AJANTA PHARMA LIMITED is the largest bhasma exporter from India with a 17.8% market share and export value of $73.6K.

Q: How many bhasma suppliers are there in India?

There are 76 active bhasma exporters in India, collectively shipping $414.6K worth of bhasma across 720 shipments according to Indian Customs (DGFT) records.

Q: What is the market share of top bhasma suppliers from India?

The top 5 bhasma suppliers from India — AJANTA PHARMA LIMITED, SHREE DHOOTAPAPESHWAR LIMITED, PATANJALI AYURVED LIMITED, DABUR INDIA LIMITED, U SQUARE LIFESCIENCE PRIVATE LIMITED — together control 56.3% of total bhasma export value from India.

Suresh Sormare

Bhasma

India Pharmaceutical Trade Intelligence

$414.6K76 Suppliers34 CountriesHS 30049011

ExportsIndia → NEPAL35.1%India → UNITED ARAB13.5%

#1 Supplier: AJANTA PHARMA #1 Buyer: PLANET PHARMA

Bhasma Suppliers from India (2026) — 76 Exporters, $414.6K Market | TransData Nexus | TransData Nexus

Who Exports Bhasma from India — 76 Suppliers Behind a $414.6K Market

India's bhasma export market is supplied by 76 active exporters who collectively shipped $414.6K across 720 shipments. AJANTA PHARMA LIMITED leads with a 17.8% market share, followed by SHREE DHOOTAPAPESHWAR LIMITED and PATANJALI AYURVED LIMITED. The top 5 suppliers together control 56.3% of total export value, reflecting a moderately competitive market structure.

Source: Indian Customs (DGFT)·Published March 2026

India's Top Bhasma Suppliers & Exporters — 76 manufacturers, $414.6K export market, top destinations and formulations — Bhasma supplier data — 76 exporters · $414.6K market · 720 shipmentsTransData Nexus · Indian Customs Data

Top Bhasma Exporters from India — Ranked by Export Value

AJANTA PHARMA LIMITED is the leading bhasma exporter from India, holding a 17.8% share of the $414.6K market across 720 shipments from 76 exporters. The top 5 suppliers — AJANTA PHARMA LIMITED, SHREE DHOOTAPAPESHWAR LIMITED, PATANJALI AYURVED LIMITED, DABUR INDIA LIMITED, U SQUARE LIFESCIENCE PRIVATE LIMITED — collectively control 56.3% of total export value, indicating a moderately concentrated market. Individual shares are: AJANTA PHARMA LIMITED (17.8%), SHREE DHOOTAPAPESHWAR LIMITED (13.3%), PATANJALI AYURVED LIMITED (9.1%), DABUR INDIA LIMITED (8.2%), U SQUARE LIFESCIENCE PRIVATE LIMITED (8.0%).

Top Bhasma Exporters from India

Ranked by export value · 76 active suppliers · Indian Customs (DGFT) data

Mar 2026

Top Bhasma Exporters from India — Ranked by Export Value. 76 active suppliers with export value, shipments, countries and formulations data compiled from Indian Customs records by TransData Nexus.
#	Supplier & Formulations	Value	Ships.	Ctry.	Share
1

Supplier Certification & Compliance Matrix

FDA, WHO-GMP, and EU GMP status for top Bhasma exporters

Certification and compliance status for top Bhasma suppliers from India
Supplier	US FDA	WHO-GMP	EU GMP	ANDAs	Notes
Ajanta Pharma Limited	Not Listed	Yes, as of December	No	Not verified	WHO-GMP certified facility in Bharuch, Gujarat, India. (extranet.who.int)
Himalaya Drug Company	Not Listed	Yes, as of February	No	Not verified	WHO-GMP certified for products including Septilin Syrup and Bonnisan Drops.
Divya Pharmacy	Not Listed	Yes, as of February	No	Not verified	WHO-GMP certified for products like Divya Vatari Churna and Triphala Churna.
Charak Pharma Pvt. Ltd.	Not Listed	Yes, as of November	No	Not verified	WHO-GMP certified for products such as Endotone Capsule and Addyzoa Capsule.
Shri Kartikeya Pharma	Not Listed	Yes, as of January 2	No	Not verified	WHO-GMP certified for Ashwagandha Churnam.
Indian Institute of Integrative Medicine (CSIR)	Not Listed	Yes, as of December	No	Not verified	WHO-GMP certified for Ulcrine Capsule 450 mg.
Albert David Limited	Not Listed	Yes, as of February	No	Not verified	WHO-GMP certified for tablets at Kolkata facility.
Eisai Pharmatechnology and Manufacturing Pvt. Ltd.	Not Listed	Yes, as of February	No	Not verified	WHO-GMP certified manufacturing unit in Andhra Pradesh.

TransData Nexus reviewed the regulatory standing of 8 leading Bhasma exporters from India. 0 hold US FDA facility approvals, 8 maintain WHO-GMP certification, and 0 are EU GMP compliant. For regulated markets (US, EU, Australia), prioritise suppliers with active FDA or EU GMP approvals. For semi-regulated markets (Africa, ASEAN, Latin America), WHO-GMP certification is the minimum recommended standard.

Certification status compiled from publicly available regulatory databases including FDA Orange Book, WHO Prequalification database, and EMA GMP registry. Buyers should independently verify compliance status with the relevant regulatory authority before placing orders.

TransData Nexus Research · Mar 2026

Manufacturing Hub Analysis — Vendor Proximity

India's pharmaceutical clusters relevant to Bhasma sourcing

1Hyderabad — Bulk Drug Capital

Hyderabad, often referred to as the "Bulk Drug Capital of India," is a major hub for the production of Active Pharmaceutical Ingredients (APIs). The city hosts over 800 pharmaceutical companies, including industry leaders such as Dr. Reddy’s Laboratories, Aurobindo Pharma, and Divi’s Laboratories. The presence of Genome Valley, India's first biotech cluster, further enhances Hyderabad's prominence in the pharmaceutical sector. This robust infrastructure and concentration of expertise make Hyderabad a significant contributor to the production of APIs used in formulations like Bhasma.

2Ahmedabad-Vadodara — Formulations Hub

The Ahmedabad-Vadodara corridor in Gujarat is renowned for its focus on pharmaceutical formulations. Gujarat contributes nearly 28% of India's pharmaceutical production, with major companies such as Zydus Cadila, Intas Pharmaceuticals, and Torrent Pharmaceuticals operating in this region. The state's well-developed infrastructure, including ports and transportation networks, supports efficient manufacturing and distribution. This specialization in formulations positions the Ahmedabad-Vadodara cluster as a key player in the production and export of Ayurvedic products like Bhasma.

3Mumbai-Thane-Raigad — Export Gateway

Recent M&A, Collaborations & Capacity Expansions

Industry developments among top Bhasma exporters from India

November 2024

M&A

Dabur India Limited — Dabur acquires 51% stake in Sesa Care for ₹315-325 crore

In November 2024, Dabur India Limited acquired a 51% stake in Sesa Care, an Indian haircare company, for an enterprise value of ₹315-325 crore. - IMPACT: This acquisition is expected to enhance Dabur's product portfolio, potentially increasing its Bhasma exports.

Impact: This acquisition is expected to enhance Dabur's product portfolio, potentially increasing its Bhasma exports.

March 2025

M&A

Patanjali Ayurved Limited — Patanjali and DS Group acquire Magma General Insurance for ₹4,500 crore

In March 2025, Patanjali Ayurved Limited, in partnership with DS Group, acquired Magma General Insurance for ₹4,500 crore. - IMPACT: While this acquisition diversifies Patanjali's business, it may indirectly support its Bhasma export operations through enhanced financial stability.

Impact: While this acquisition diversifies Patanjali's business, it may indirectly support its Bhasma export operations through enhanced financial stability.

January 2026

Common Questions — Bhasma Suppliers from India

Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus

Q Which bhasma supplier from India is the most reliable for bulk orders?

Based on shipment frequency and export consistency, AJANTA PHARMA LIMITED leads with 27 recorded shipments worth $73.6K. SHREE DHOOTAPAPESHWAR LIMITED (123 shipments) and PATANJALI AYURVED LIMITED (14 shipments) are also established high-volume exporters.

Q How many bhasma manufacturers are there in India?

India has 76 active bhasma exporters with a combined export market of $414.6K across 720 shipments to 34 countries. The top 5 suppliers hold 56.3% of total export value.

Q What certifications should I verify?

Verify: WHO-GMP certification (most markets), US FDA approval (United States), EU GMP certificate (EU/EEA), and Free Sale Certificate from CDSCO. Always request a Certificate of Analysis (CoA) and Certificate of Origin (CoO).

Q What is the typical price range for bhasma from India?

Average FOB unit price: $10.88 per unit, ranging from $0.08 to $1452.78. Average shipment value: $576.

Official References & Regulatory Resources

Research Methodology & Data Transparency

Suresh Sormare

Verified Author

Pharmaceutical 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/sureshsormare

Primary 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.

Bhasma

Bhasma

Who Exports Bhasma from India — 76 Suppliers Behind a $414.6K Market

Top Bhasma Exporters from India — Ranked by Export Value

Top Bhasma Exporters from India

Related Analysis

Need Details?

Supplier Certification & Compliance Matrix

Manufacturing Hub Analysis — Vendor Proximity

1Hyderabad — Bulk Drug Capital

2Ahmedabad-Vadodara — Formulations Hub

3Mumbai-Thane-Raigad — Export Gateway

Recent M&A, Collaborations & Capacity Expansions

Dabur India Limited — Dabur acquires 51% stake in Sesa Care for ₹315-325 crore

Patanjali Ayurved Limited — Patanjali and DS Group acquire Magma General Insurance for ₹4,500 crore

Common Questions — Bhasma Suppliers from India

Q Which bhasma supplier from India is the most reliable for bulk orders?

Q How many bhasma manufacturers are there in India?

Q What certifications should I verify?

Q What is the typical price range for bhasma from India?

Official References & Regulatory Resources

Research Methodology & Data Transparency

Suresh Sormare

Primary Data Source

4Baddi-Nalagarh — Tax Incentive Zone

5Sourcing Recommendations

Patanjali Ayurved Limited — Patanjali inaugurates hybrid hospital for heart, brain, and spine care

Analysis Methodology