Pharmacist Salary in India 2023

Pharmacists are the expert professional in medication who plays very important role to deliver medicine and drugs to the patient. They provide us essential instructions about medicine like how to use, when to use, various side effects related to it, etc.

Generally, a Pharmacist works in different organizations like medical clinics, hospitals, government institutions, pharmacies. If you want to become a Pharmacist, then you have lots of opportunities scientific research, innovation as well as patient care.

The main attraction of this profession is high salary in India around ₹ 2.75 lakhs per annum and it will increase as per your experience, skills and qualification.

If you want to pursue your career as Pharmacist, then you may join courses like Bachelor’s Degree in Pharmacy (B. Pharm), Doctor of Pharmacy (Doctor of Pharmacy), Doctor of Pharmacy (Diploma in Pharmacy). You can join these courses through entrance exams like HPCET, GPAT, OJEE etc. Pharmacy is a huge industry and one can make a lot of money through it.

Career Path for a Pharmacist

pharmacist-career-path
Career Path for a Pharmacist

Experience Wise Pharmacist Salary

It is a very important parameter when we talk about salary for any profession. The more you have experience as Pharmacist, the more you will get wage or payment. According to a survey, it is found that the income of a Pharmacist can be rise up to ₹ 20 lakhs per annum.

  • For, At Entry-Level: ₹ 2,43,908 per annum
  • For 1 – 4 Years of Experience: ₹ 5,65,785 per annum
  • For 5 – 10 Years of Experience: ₹ 9,43,934 per annum
  • For 10 – 20 Years of Experience: ₹ 13,87,943 per annum
  • For Above 20 Years of Experience: ₹ 20,00,000 per annum
pharmacist-salary-with-experience
pharmacist salary with experience

Salary of Pharmacist Company Wise

We cannot imagine the medical sector without Pharmacists. Many industries are developed to provide medicine and related products for the treatment of various ailments. Pharmacist work in this industries and help to supply medicines in market. Some of the top paid companies are mentioned in the following section.

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Name of the CompanyAverage Salary per Year
Abbott India₹ 6.3 lakhs
Aurobindo₹ 5.2 lakhs
Cipla₹ 7.5 lakhs
Dr. Reddy’s₹ 5.7 lakhs
Glenmark Pharmaceuticals₹ 6.1 lakhs
Lupin₹ 5.5 lakhs
Novozymes₹ 5.9 lakhs
Sun Pharmaceuticals₹ 6.5 lakhs
Wockhardt₹ 6.6 lakhs
Apollo Pharmacy₹ 3.65 lakhs
Medplus (Optival Health Solutions)₹ 3.34 lakhs
Medlife₹ 5.15 lakhs
PharmaEasy₹ 4.78 lakhs
Dhani Healthcare₹ 4.26 lakhs
Wellness Forever Medicare₹ 3.56 lakhs

Also Read: Check Highest Paying Paramedical Jobs

Salary of Pharmacist as per Specialization

Specialization is one of the vital determinant for Pharmacist’s salary. Role of Pharmacist varies for different specialization which decide the income of Pharmacist. We have discussed the average salary of Pharmacist as per specialization.

SpecializationAverage Salary per Year
Chemist₹ 7.75 lakhs
Chemical Pathologist₹ 4.15 lakhs
Clinical Manager₹ 6.75 lakhs
Clinical Research Coordinator₹ 4.5 lakhs
Medical Representative₹ 5.3 lakhs
Pharmacist₹ 3.55 lakhs

Salary of Pharmacist as per Qualification

Academic qualification of Pharmacist is a major factor while talking about the salary of Pharmacist in India. In order to get a better payment, candidate should have higher qualification.

1. Diploma Degree

  • Average Salary: ₹ 3.75 lakhs per year

2. Undergraduate Degree

  • Average Salary: ₹ 6.66 lakhs per year

3. Postgraduate Degree

  • Average Salary: ₹ 12 lakhs per year

4. PhD Degree

  • Average Salary: ₹ 17 lakhs per year

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Salary of Pharmacist as per Location

Location is one of the basic parameter for the salary of Pharmacist in India. Pharmacist working in the metro cities like Bangalore, Delhi, Mumbai, Kolkata will get around 30% higher than national average salary as compared to other cities. Varying salary as per location is mentioned in the following discussion.

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1. Bangalore

  • Average Salary: ₹ 4.75 lakhs per year

2. Chennai

  • Average Salary: ₹ 4.55 lakhs per year

3. Delhi

  • Average Salary: ₹ 5.2 lakhs per year

4. Jaipur

  • Average Salary: ₹ 3.66 lakhs per year

5. Kolkata

  • Average Salary: ₹ 3.7 lakhs per year

6. Mumbai

  • Average Salary: ₹ 6.5 lakhs per year

7. Pune

  • Average Salary: ₹ 3.65 lakhs per year

Required Skills for Pharmacist

Skill always add an extra advantage to the professional of any field and Pharmacist is not exception from that. If candidates have skills related to this field, then it will help earn around 25% higher than others. Some of the essential skills that a Pharmacist must possess are :-

  • Analytical Skills
  • Operation Management
  • Clinical Research
  • Interpersonal Skills
  • Multitasking
  • Retail Pharmacy
  • Patient Counselling
  • Pharmacotherapy
  • Hospital Education.

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Conclusion

Pharmacist is very demanded professional all the time. Most of the candidate want to become a Pharmacist but they are not very much aware of salary. Through this article, we have answer of questions related to salary of Pharmacist. Hope, this will be a very useful article for all the interested candidates.

Frequently Asked Questions

Q1. What are the specialization there in Pharmacists?

Ans: The specializations in Pharmacist are as Pharmacist, Chemist, Medical Representative, Chemical Pathologist, Clinical Research Coordinator, Clinic Manager.

Q3. Name some top paid companies for Pharmacist?

Ans: Some top paid companies are Sun Pharmaceuticals, Cipla, Dr. Reddy’s Laboratories, Glenmark Pharmaceuticals, Novozymes, Abbott India, Wockhardt etc.

Q4. How much money can a Pharmacist make?

Ans: The salary of Pharmacist can be as high as ₹ 20 lakhs per annum.

Q5. What is the salary paid at the entry-level to Pharmacist?

Ans: Around ₹ 2,43,908 per annum is offered to the Pharmacist at the entry-level.


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