Key Points

Eli Lilly is making a massive $1 billion investment in India's manufacturing sector. The company will build new facilities in Hyderabad to produce key medicines for global markets. This move creates numerous skilled jobs and strengthens India's position in pharmaceutical manufacturing. The investment demonstrates growing international confidence in India's business environment and infrastructure.

Key Points: Eli Lilly Invests $1 Billion in India Manufacturing Expansion

  • Investment expands access to obesity and diabetes medicines globally
  • New manufacturing hub to be established in Hyderabad with advanced capabilities
  • Creates jobs for engineers, scientists and quality professionals across India
  • Strengthens Telangana's position as healthcare innovation destination
  • Supports Make in India initiative with significant foreign direct investment
  • Lilly's expansion includes contract manufacturing network across the country
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Make in India booster: Eli Lilly announces $1 billion investment in country

US pharma giant Eli Lilly announces $1+ billion investment in India for new manufacturing facilities, boosting Make in India initiative and creating skilled jobs.

"Lilly's investment in India reflects confidence in India's skilled talent, robust infrastructure, and business-friendly policies - Nivruti Rai, Invest India"

New Delhi, Oct 6

US pharma giant Eli Lilly on Monday announced plans to invest more than $1 billion in India over the next several years for new contract manufacturing, boosting the country’s Make in India goal.

The strategic investment is expected to expand patients’ access to the company's key medicines, including those for obesity, diabetes, Alzheimer's, cancer, and autoimmune conditions, around the world, the company said.

"Lilly’s investment in India reflects confidence in India’s skilled talent, robust infrastructure, and business-friendly policies, while supporting Lilly’s journey as a global leader in life sciences. Together, we are shaping a stronger future for healthcare and manufacturing. We are proud to support Lilly’s growth journey in India and wish them continued success in the years ahead," said Nivruti Rai, Managing Director & CEO, Invest India, Ministry of Commerce & Industry.

Lilly also plans to establish a new manufacturing and quality facility in Hyderabad. The new hub will offer advanced technical capabilities and oversight for Lilly’s contract manufacturing network across the country.

“Lilly’s continued expansion in Hyderabad highlights the city’s emergence as a powerhouse in global healthcare innovation. From the recent opening of its innovation and technology site to a new manufacturing collaboration and the establishment of a manufacturing and 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,” said A. Revanth Reddy, Hon’ble Chief Minister of Telangana.

The company noted that it will “immediately begin” recruitment across roles such as engineers, chemists, analytical scientists, quality control and assurance professionals, and management positions, in a boost to India’s highly skilled talent pool.

“The investment reaffirms our confidence in India as a hub for capability building within our global network,” said Patrik Jonsson, Executive Vice President and President Lilly International, Eli Lilly and Company.

- IANS

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Reader Comments

R
Rohit P
$1 billion investment is huge! Hope this leads to affordable medicines for diabetes and obesity treatments. Our family has been struggling with diabetes medication costs.
A
Arjun K
Make in India is really gaining momentum. But I hope the government ensures that local companies also get fair opportunities and this doesn't become just foreign domination.
S
Sarah B
As someone working in pharmaceutical research, this is exciting! The recruitment for engineers and scientists will create great career paths for Indian talent. Hope they focus on R&D too.
V
Vikram M
Hyderabad is the perfect choice for this investment. The city has excellent infrastructure and skilled professionals. This will boost the entire pharma ecosystem in Telangana.
M
Michael C
While this investment is welcome, I hope the government monitors the environmental impact and ensures sustainable manufacturing practices. Pharma industry can be quite polluting if not regulated properly.

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