Business Economy


Telangana attracts Rs 9,500 Cr in new investments in Pharma & Biotech

Hyderabad, Dec 9 (UNI) : In a major boost to Telangana’s status as India’s premier life sciences hub, five leading pharmaceutical and biotech companies — Hetero Group, Bharat Biotech, Aurobindo Pharma, Granules India, and Biological E Limited — have announced fresh investment proposals totalling Rs 9,500 crore during the Telangana Rising Global Summit Day-2 held at Bharat Future city here on Tuesday.
These new projects include large-scale manufacturing units, advanced R&D centres, CRDMO/CDMO facilities, and expansions into high-value, next-generation therapeutics, further strengthening the state’s life sciences ecosystem.
The companies announced their investments in the presence of Chief Minister A. Revanth Reddy.
Under the proposals submitted to the Government of Telangana, Hetero Group plans to establish large-scale pharmaceutical formulations facilities aimed at domestic and global markets.
With a proposed investment of Rs 1,800 crore, the pharma company is seeking 100 acres of land and expected to create over 9,000 direct and indirect jobs over the next two years.
Bharat Biotech has proposed a Rs 1,000 crore investment to set up a state-of-the-art Contract Research, Development, and Manufacturing Organization (CRDMO) facility in the state.
The project will generate more than 200 direct jobs along with significant indirect employment over the coming 3–4 years.
Another pharma company, Aurobindo aims to expand its operations in complex generics, injectables, oral solid formulations, biosimilars, and biologics, with a proposed investment of Rs 2,000 crore.
The initiative is expected to create about 3,000 direct and indirect jobs within the next 2–3 years.
Granules India has proposed to set up advanced peptide manufacturing facilities along with a CDMO for oncology products in Telangana.
The company plans to invest Rs 1,200 crore and is seeking 100 acres in Green Pharma City.
The project is estimated to create 2,500–3,000 direct jobs in 3–4 years.
Biological E Limited, a vaccine-maker, has announced one of the largest expansions, proposing Rs 3,500 crore in new investment to develop large-scale vaccine, R&D, and CDMO facilities.
With its earlier investment of Rs 500 crore, the company’s total commitment in the state now stands at Rs 4,000 crore.
Biological E is requesting 150 acres in Green Pharma City, with plans to generate over 3,000 direct jobs in the next five years.
Government officials stated that the proposals reflect the unwavering confidence global and Indian life sciences leaders have in Telangana’s infrastructure, talent ecosystem, and progressive policies.
The investments are expected to significantly accelerate the state’s growth as a world-class hub for pharmaceuticals, biotechnology, and advanced healthcare innovation.
UNI KNR KK
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