Baddi is home to multiple pharmaceutical companies which have established manufacturing plants and R&D hubs in the town. The town is Asia's biggest Pharmaceuticals hub and is home to some of the largest pharmaceutical companies. Baddi houses a total of 2,120 factories belonging to leading pharma, FMCG and textile companies among others and which generate an annual turnover of Rs 60,000 crore. In terms of revenue, the town contributes half of the state's total revenues generated from industries.

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