AstraZeneca to invest Rs 250 crore on expansion of its GCC in India
Agencies
Synopsis
The facility currently occupies 334,000 square feet of office space at Ramanujan IT City, with plans to add approximately 180,000 square feet over the next six months to accommodate this expansion, creating AstraZeneca’s biggest global capability centre.
By Viswanath Pilla, ET Bureau
AstraZeneca India Private Limited (AZIPL), the global capability centre (GCC) of British-Swedish drugmaker AstraZeneca, announced an investment of Rs 250 crore ($30 million) to expand its Global Innovation and Technology Centre (GITC) in Chennai.
The facility currently occupies 334,000 square feet of office space at Ramanujan IT City, with plans to add approximately 180,000 square feet over the next six months to accommodate this expansion, creating AstraZeneca’s biggest global capability centre.
The expanded GITC will leverage technologies such as enterprise platforms, artificial intelligence, machine learning, data science, and supply chain analytics to shape healthcare outcomes.
Since its inception, the GITC in Chennai has evolved from providing traditional information technology support services to becoming an engine of AstraZeneca’s digital journey, driving productivity, simplification, technology delivery, and innovation across the company’s global operations, supporting the delivery of life-changing medicines to patients worldwide.
Including GITC, AstraZeneca employs more than 4000 people in the country and is continuously shaping talent that is skilled, diverse and future ready.
Apart from being a hub for technology as well as research and development, AstraZeneca markets and distributes its innovative portfolio in specialist disease areas including oncology, cardio-vascular, respiratory and rare disease.
The investment marks AstraZeneca's 45th year in India.
"Our expansion in Chennai signifies AstraZeneca’s unwavering commitment to pioneering science and innovation," said Dr. Sanjeev Panchal, managing director & country president AstraZeneca Pharma India.
"This strategic investment underscores our dedication to improving patient outcomes through cutting-edge technology and reinforces our aspiration to transform the future of the healthcare industry," Panchal added.
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The expansion includes adding close to 1,300 job roles focused on driving innovation, enhancing efficiency, and streamlining operations across the company globally.The facility currently occupies 334,000 square feet of office space at Ramanujan IT City, with plans to add approximately 180,000 square feet over the next six months to accommodate this expansion, creating AstraZeneca’s biggest global capability centre.
The expanded GITC will leverage technologies such as enterprise platforms, artificial intelligence, machine learning, data science, and supply chain analytics to shape healthcare outcomes.
Since its inception, the GITC in Chennai has evolved from providing traditional information technology support services to becoming an engine of AstraZeneca’s digital journey, driving productivity, simplification, technology delivery, and innovation across the company’s global operations, supporting the delivery of life-changing medicines to patients worldwide.
Including GITC, AstraZeneca employs more than 4000 people in the country and is continuously shaping talent that is skilled, diverse and future ready.
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Apart from being a hub for technology as well as research and development, AstraZeneca markets and distributes its innovative portfolio in specialist disease areas including oncology, cardio-vascular, respiratory and rare disease.
The investment marks AstraZeneca's 45th year in India.
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"Our expansion in Chennai signifies AstraZeneca’s unwavering commitment to pioneering science and innovation," said Dr. Sanjeev Panchal, managing director & country president AstraZeneca Pharma India.
"This strategic investment underscores our dedication to improving patient outcomes through cutting-edge technology and reinforces our aspiration to transform the future of the healthcare industry," Panchal added.
(You can now subscribe to our Economic Times WhatsApp channel)
