Sanofi announces to invest Rs 3,600 crore in Hyderabad GCC by 2030
8 months, 1 week ago

Sanofi announces to invest Rs 3,600 crore in Hyderabad GCC by 2030

Deccan Chronicle  

Hyderabad: Close on the heels of medical devices player Medtronic announcing the setting up of its global capacity centre in Hyderabad, Paris-based pharmaceutical and healthcare major Sanofi on Wednesday announced plans to invest €400 million in its Hyderabad global capacity centre by 2030. Speaking after inaugurating Sanofi Healthcare India’s expanded GCC facility at Hitec City, IT and industries minister D. Sridhar Babu said, “The expansion of Sanofi's GCC in Hyderabad marks a remarkable step forward for Telangana's ever-growing prominence in the global pharmaceutical landscape. This substantial additional investment of over €400 million and the creation of over 2,600 jobs in the next two years underscore Telangana’s commitment to fostering a thriving environment for innovation and growth.” Like its other GCCs, Sanofi’s Hyderabad one will also be a strategic hub that gives the company a competitive edge in delivering enterprise solutions. Established in 2019, the Hyderabad hub has grown exponentially from being a medical hub to now providing several services to Sanofi’s global functions and affiliates across the world.

Global Hyderabad Vice Gcc Hub Sanofi This Hub  hub  million  invest  global  sanofis  hyderabad  vice  sanofi  gcc  crore  company  2030  announces  services  3600  rs

History of this topic

Telangana nurturing GCC ecosystem well: Experts
1 month ago

Telangana nurturing GCC ecosystem well: Experts

Deccan Chronicle  

Hyderabad:Hyderabad is rapidly establishing itself as a premier destination for Global Capability Centres, driven by proactive government policies and a strong talent pool, said industry leaders. Siva Kumar Padmanabhan, managing director and head of Global Innovation Technology Centre, AstraZeneca India, echoed this sentiment, highlighting Hyderabad’s growing appeal for global enterprises. Mohit Dhingra, managing director and head of business insights and …

Telangana IT Minister Sridhar unveils vision for GVCs to transform Hyderabad into tech hub
1 month, 2 weeks ago

Telangana IT Minister Sridhar unveils vision for GVCs to transform Hyderabad into tech hub

New Indian Express  

HYDERABAD: IT and Industries Minister D Sridhar Babu has announced the introduction of Global Value Centres, a groundbreaking initiative to elevate Hyderabad from a back-office powerhouse to a leader in global technology and innovation. GVCs will make Telangana indispensable in the global value chain, driving disruptive IP creation, deep-tech research, and high-impact product development,” said minister Sridhar Babu during his …

Hyderabad well positioned to emerge as global hub for AI sector, GCCs, says Minister for IT
3 months, 2 weeks ago

Hyderabad well positioned to emerge as global hub for AI sector, GCCs, says Minister for IT

The Hindu  

With its robust infrastructure and rich pool of skilled human resources Hyderabad is poised to emerge as a global hub for the Artificial Intelligence sector and global capability centres, Minister for Industries and IT D. Sridhar Babu said here on Tuesday. The Minister, who was speaking at the signing of a bilateral trade partnership agreement between the US-India Business Council …

US health firm launches Global Capability Centre in Hyderabad
4 months, 1 week ago

US health firm launches Global Capability Centre in Hyderabad

New Indian Express  

HYDERABAD: Industries Minister D Sridhar Babu inaugurated US-based Evernorth Health Services’ first Global Capability Centre in Hyderabad on Tuesday. On the occasion, Sridhar said, “Hyderabad continues to solidify its position as a global hub for innovation and excellence, and the inauguration of Evernorth Health Services’ new office is a testament to this growth. We look forward to supporting their journey …

Medtronic to expand R&D operations in Hyderabad with ₹ 3,000 cr investment
1 year, 10 months ago

Medtronic to expand R&D operations in Hyderabad with ₹ 3,000 cr investment

The Hindu  

Global leader in healthcare technology Medtronic will expand footprint in Hyderabad with a ₹3,000 crore investment on its research and development centre, which already serves as the largest such facility for the company outside the United States. The investment will support in key healthcare technology areas like robotics, imaging and navigation, surgical technologies, and implantable technologies, Medtronic and Telangana government …

Medtronic scales up operations
3 years, 11 months ago

Medtronic scales up operations

The Hindu  

A 1.5 lakh sq ft research and development centre established by global leader in medical technology Medtronic as part of a ₹1,200-crore investment commitment it made last year to scale up operations in Hyderabad was opened on Wednesday. The development “is surely going to energise the ecosystem for Medtech research in India,” he said, adding Medtronic joins a marquee list …

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