Blitz Bureau
NEW DELHI: French drug major Sanofi Healthcare India has announced plans to make an investment of about Rs 3,600 crore 400 million euros (Rs 3,600 crore) in its Global Capacity Centre (GCC) in Hyderabad over the next six years. About 900 crore (100 million euros) will be invested by 2025.
The company also plans to create 1,600 more jobs by 2026. “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,” said Madeleine Roach, Executive Vice President of Business Operations at Sanofi. Set up in 2019, the GCC in Hyderabad is Sanofi’s largest among four GCCs globally — Budapest, Malaysia, and Colombia. It also consists of a workforce of 1,000 employees.
“From being just a medical hub the facility has grown exponentially to providing various services to the firm’s global functions and affiliates across the world,” Roach stated. With the expansions, the company aims to increase its presence in India and enhance its global operations.
