The locals await new work opportunities as Hyderabad houses another Medtech giant office. On Monday, Telangana Chief Minister A. Revanth Reddy flagged off Eli Lilly and Company’s (India) new technology and innovation center in Gachibowli. The good news is, yes, the office plans to hire 1,500 more employees over the next few years. The idea sounds promising, doesn’t it? In addition, the state government also aims to launch 100 GCCs by 2025–26, widening employment prospects for locals. Furthermore, this move is expected to have an impact at both national and global levels, and how is Hyderabad preparing for that?
Telangana Targets 100 GCCs By 2025–26
The American big Pharma, Eli Lilly, is another feather in the cap for Hyderabad. The city already hosts 70 GCCs in the year 2024-2025, more than any other state in the country. Now, the state wants to explore new horizons by inviting and hosting 100 GCCs by 2025–26. The city is more than ready to paint its picture as a global hub for MedTech (but not limited to it). Hyderabad has a long history of attracting foreign investors (Microsoft, Google, Salesforce, Amazon, Oracle, Novartis, Johnson & Johnson, Roche, Deloitte, JP Morgan, and more), the reasons being:
- Supportive government policies
- A pool of skilled talent in IT and pharmaceuticals
- Strong infrastructure
New Eli Lilly Office In Gachibowli
The new Eli Lilly office is an epicenter for cutting-edge AI technology that will improve the speed of its global operations (automation, cloud computing, and software engineering). To do so effectively, the company will need more staff to support these efforts. The office sits on 220,000 square feet across four floors in the Phoenix Equinox building, Gachibowli. There are about 100 people working on the site already.
Shri A. Revanth Reddy, Chief Minister of Telangana, said, “We are delighted to welcome Lilly to Hyderabad’s growing life sciences ecosystem. The inauguration of this new site further reinforces the city’s position as a global hub for healthcare innovation, built on scientific excellence, skilled talent, and international collaboration. The Government of Telangana remains committed to fostering an environment where pioneering companies like Lilly can thrive and deliver meaningful impact both in India and globally.”
Shri Sridhar Babu, Minister for Information Technology, Electronics & Communications, Industries & Commerce, and Legislative Affairs, Telangana, said, “During 2024–25, Hyderabad witnessed the inauguration of 70 GCCs, a national record unmatched by any other state. This investment reflects the transformative impact of technology on healthcare. Telangana remains committed to enabling future-focused partnerships that drive economic growth and advance digital health solutions for the world.”
Conclusion
One Eli Lilly office, 100 employees, and 1500 more to hire, imagine 100 GCCs by 2025–26. The initiative can create numerous opportunities for fostering the Nation’s growth. As the state pushes towards its goals, we will keep covering all the new updates for you.
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