Saturday, Mar 15 2025 | Time 23:37 Hrs(IST)
Business EconomyPosted at: Jul 17 2024 6:14PM


Sanofi announces GCC expansion in Hyderabad; plans to invest INR 3,600 cr

Hyderabad, July 17 (UNI) Sanofi Healthcare India Pvt. Ltd. (SHIPL) on Wednesday announced the expansion of its Global Capacity Centre (GCC) in Hyderabad, with plans to invest €400 million ( INR 3,600 cr) over the next six years, with €100 million (INR 900 Cr) by 2025.
Telangana IT and Industries Minister Duddilla Sridhar Babu inaugurated the state-of-the-art office in HiTECH City in the presence of Dr. Arunish Chawla (Secretary, Department of Pharmaceuticals) and Thierry Berthelot (Consul General of France in Bangalore).
Over the next two years, this GCC (hub) will scale up to 2600 employees against 1000 employees currently, making it the largest of Sanofi’s four global hubs, said Madeleine Roach , Executive Vice President, Business Operations, Sanofi, an innovative Global healthcare company, on the occasion.
Sanofi’s 4 Global Capacity Centres are at strategic locations across the Globe that give the company a competitive edge in delivering best-in-class enterprise solutions, she said that these hubs are key ‘nerve-centers’ that enable centralization and modernization and allow for scaling-up opportunities across Sanofi’s value chain, offering a wide array of services ranging from commercial, manufacturing & supply to R&D and digital.
Established in 2019, the Hyderabad hub has grown exponentially from being a Medical Hub to now providing several best-in-class services to Sanofi’s global functions and affiliates across the world, Roach informed.
This future-forward global hub for talent in Hyderabad, is a state-of-the-art workplace designed to be environmentally sustainable and foster diversity and inclusivity, she said.
The Executive Vice President, while thanking the Minister for welcoming Sanofi’s largest GCC and inaugurating the company's new workplace, stated that Hyderabad is emerging as a preferred shared services destination with a large pool of talent.
“We’re excited to invest and build this hub here to become a great global community striving for excellence, with digitalization at the heart of our transformation. This hub will be a catalyst enabling Sanofi to accelerate efficiency and reinvent how we work, as we chase the miracles of science to improve people’s lives, ” she added.
Sanofi India’s world-class manufacturing facility in Goa produces for people in India and 60+ other countries.
Sanofi has located one of its four global talent hubs in Hyderabad from where a wide range of services are provided globally, the company said in a release here.
MORE UNI KNR CS1813
Please log in to get detailed story.
Tags: #Sanofi announces GCC expansion in Hyderabad; plans to invest INR 3#600 cr
More News

US policies, geopolitical tensions pose risk to global trade in 2025: UNCTAD

15 Mar 2025 | 4:24 PM

New Delhi, Mar 15 (UNI) Global economic activity is expected to maintain modest momentum in 2025 but international trade faces significant uncertainty with factors such as a shift in US trade policies, global trade imbalances and geopolitical challenges negatively impacting trade growth, UN Trade and Development (UNCTAD) has said in its latest Global Trade Update.

see more..
RBI dismisses market speculations; says IndusInd bank “well-capitalised”

RBI dismisses market speculations; says IndusInd bank “well-capitalised”

15 Mar 2025 | 4:05 PM

Mumbai, Mar 15 (UNI) The Reserve Bank of India on Saturday dismissed market speculations regarding private lender IndusInd Bank and said the bank is “well-capitalised” and the finaicial position of the bank continues to be satisfactory.

see more..

Kottayam-Kochi Rubber Market Rates

15 Mar 2025 | 4:00 PM

Kottayam, Mar 15 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..

Allchem Lifescience Limited files DRHP with SEBI

15 Mar 2025 | 2:48 PM

Mumbai, Mar 15 (UNI) Allchem Lifescience has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI).

see more..

Kerala IT to take part in Convergence India Expo in Delhi from Mar 19

15 Mar 2025 | 2:25 PM

Thiruvananthapuram, Mar 15 (UNI) A contingent of around 20 IT Small and Medium Enterprises (SMEs) companies from Kerala will showcase their products and services at the three-day 32nd edition of Convergence India Expo, the country’s largest technology and infrastructure event, in New Delhi, starting on March 19.

see more..