Sunday, December 22, 2024

Sanofi to Invest €400 Million in Hyderabad GCC by 2030

Share post:

Sanofi Healthcare India Pvt Ltd has announced a significant expansion of its Global Capacity Centre (GCC) in Hyderabad. The company plans to invest €400 million over the next six years, with €100 million to be invested by next year.

Sanofi Investment Details

Madeleine Roach, Executive Vice President of Business Operations at Sanofi, shared the news at a press conference. She highlighted that the Hyderabad GCC will expand to host approximately 2,600 employees over the next two years, making it the largest of Sanofi’s four global hubs.

Growth of Hyderabad GCC

The Hyderabad hub, established in 2019, has grown exponentially. Initially serving as a medical hub, it now provides several best-in-class services for Sanofi’s global functions and affiliates worldwide.

Expansion Plans of Sanofi

Sanofi’s investment will enhance the capabilities and services offered by the Hyderabad GCC. This expansion aims to support Sanofi’s global operations more effectively, leveraging the talent and resources available in Hyderabad.

Commitment to Growth

Sanofi’s commitment to investing €400 million underscores its dedication to expanding its presence in India and enhancing its global operations. The significant investment will not only boost the local economy but also create numerous job opportunities in Hyderabad.

Growth at Hyderabad GCC

The expansion will significantly increase the number of employees at the Hyderabad GCC, making it a central hub for Sanofi’s global operations. The center is expected to employ around 2,600 people, becoming the largest among Sanofi’s global hubs.

Sanofi’s planned investment in its Hyderabad GCC reflects its commitment to growth and innovation. By expanding its operations and workforce, Sanofi aims to enhance its global capabilities and support its affiliates worldwide. This investment will not only benefit Sanofi but also contribute to the economic development of Hyderabad and create new job opportunities in the region.

Related articles

Paytm Singapore Sells Stake in Japan’s PayPay for Rs 2,364 Crore

Paytm Singapore, the overseas arm of Vijay Shekhar Sharma-led Paytm, has announced the sale of its stake under...

Swiggy New Leadership: Foodtech Giant Strengthens with Two Senior Appointments

Swiggy, a major player in the foodtech industry based in Bengaluru, has added new leadership to its team....

MapMyIndia Reports 8% Drop in Q2 Profit of FY25

C.E. Info Systems, the parent company of MapMyIndia, has reported a drop in its profit for the second...

Emami Profit Rises 19% Despite Consumer Spending Decline in Q2FY25

Emami Limited has reported a 19% increase in its profit after tax (PAT), reaching Rs 213 crore in...

Ready to Revolutionize Your Business?

Request a quote or schedule a call today!