HYDERABAD: Eli Lilly and Company shall be investing over $1 billion over the subsequent few years in setting up new contract manufacturing facilities in India and also will set up a new manufacturing and quality hub in Hyderabad. The funding will even go into strengthening Lilly’s provide capabilities over the subsequent few years.The new manufacturing and quality hub in Hyderabad will provide superior technical capabilities and oversight for its contract manufacturing community throughout India, Lilly mentioned on Monday.The US pharma large mentioned it’ll instantly start recruitments for the new facilities with openings throughout roles similar to engineers, chemists, analytical scientists, quality management and assurance professionals, and administration positions.The transfer is a part of Lilly’s efforts to leverage India’s extremely expert expertise pool to help its world manufacturing development, it mentioned.Pointing out that since 2020 the corporate has dedicated over $55 billion to construct, increase, and purchase facilities in the US and world wide, Lilly mentioned: “These facilities and investments address growth from potential new medicines to treat diabetes and obesity, Alzheimer’s disease, cancer and autoimmune conditions and prepare for medicines of the future.”Patrik Jonsson, executive vice president and president Lilly International, Eli Lilly and Company, said the company is making significant investments to increase manufacturing and medicine supply capacity around the world. “Working with trusted contract manufacturers expands our capabilities to deliver life-changing medicines at greater scale — with quality always at the core. This investment reaffirms our confidence in India as a hub for capability building within our global network,” Jonsson mentioned.

Terming Lilly’s continued expansion in Hyderabad as a validation of the city’s emergence as a global healthcare innovation powerhouse, Telangana chief minister A Revanth Reddy said: “From the recent opening of its innovation and technology site to a new manufacturing collaboration and the establishment of a manufacturing & quality hub, Lilly is moving swiftly to expand its presence in Telangana — reinforcing the state’s position as a preferred destination for cutting-edge healthcare investments.” Telangana’s IT & industries minister D Sridhar Babu said Lilly’s expansion in Hyderabad was a testament to the state’s dynamic industrial landscape and growing influence in advanced healthcare manufacturing.“The state’s focus on technology-driven infrastructure and ease of doing business continues to attract global leaders across sectors and life sciences sector in particular has been on accelerated growth,” Sridhar Babu said.Lilly already has a commercial site in Gurugram as well as specialised sites in Bengaluru and Hyderabad that support global innovation and is now reinforcing its presence through strategic investments in local talent and technical capabilities.