The Objects for which the association is established are :

To encourage and assist the drug trade, industry & allied trades in the diffusion of useful knowledge by arrangement and provision of rooms holding of exhibitions, meetings and conferences, lectures, printing and publishing of news paper, periodicals, journals, bulletins, leaflets, books, publishing house circulars etc.
To collect and circulate statistics and all other such information relating to the drug trade industry and allied trades.
To establish and maintain or to help in the establishment or maintenance of libraries and reading rooms for general use of the members of the association and all those engaged in the drug trade, industry and allied trades.
To take necessary steps to safeguard the interest of the public in all possible ways particularly against misbranded, sub-standard or spurious drugs and medicines or help in the undertaking of legal action in such matter singly or in co-operation with others. To promote and protect the interests of drug trade and allied lines in Maharashtra and of persons engaged therein.
To promote the development of pharmaceutical trade.
To elect or nominate representatives to legislatures, public or private bodies, committees etc.
To subscribe to or become member of and co-operate with or amalgamate
To provide Safety, Security and Prosperity to our members.
To provide platform for broadening their knowledge of Trade and to resolve common, mutual problems by collective endeavor.
To bridge the gap between Industry & Trade by arranging company wise stockiest meetings, exchange their view points and arrive at mutual understanding, sign memorandum of understanding to eliminate hurdles in our day to-day activities.
To collect, publish, distribute and make available to the members vital information related to our Trade.
To encourage members for collective and co-operative activities and give them an opportunity for participation so that they can express their views on important matters.
To establish links with other similar bodies and like-minded associations and interactions with them and maintain harmonious relationship for common benefits.
To represent at various forums try to mitigate any such issues of Government., Semi-Government., Industry and /or any bodies who tries and implements law or norms which may be harmful or adversely affecting our trade.
To have interactions with Food & Drug Administration and implement good trading practices by complying with Drug Act and Rules and to draw their attention on such laws/rules which may not be appropriate in present context and request them for its modifications.
To create harmonious relationship amongst members and also to create confidence amongst each other which is very important for maintaining unity.
To guide and prepare our members to face the challenges arising out of great changes taking place in Pharmaceutical Trade due to the impact of GATT, TRIPS, EMR, Mergers & Acquisitions, Co-Marketing etc.
To collect sufficient funds and arrange for regular income to meet the day-to-day expenses and other activities of our organization.
To arrange Lectures, Seminars other educational programs which are of use and in the interest of our members.