Thermo Fisher Scientific expands R&D facility in Hyderabad
US supplier of instrumentation, Thermo Fisher Scientific recently inaugurated its new R&D and Engineering facility – India Engineering Centre (IEC) - in India that will bring an additional 140 new jobs to the region. It says the IEC is a world-class R&D centre and will employ over 450 engineers and vendor partners.
The centre at Hyderabad is a 42,000 sq. ft facility that includes the engineering labs and will support new product development and product sustenance for laboratory and analytical solutions for Thermo Fisher’s global sites. This facility will have the required infrastructure to design & develop instruments, perform product reliability performance testing and verification, as well as validation of products.
Thermo Fisher Scientific says it invests more than US$1.4 billion annually in R&D. The R&D team is led by scientists and engineers across more than 100 locations.
The newly expanded India Engineering Center (IEC) is part of Thermo Fisher’s R&D Centre of Excellence
During the inauguration, the Minister for Industries and Commerce, Government of Telangana K.T. Rama Rao said, “Over the years the state of Telangana has been recognised as the leading hub for life sciences not just in India but in Asia as well, presenting unlimited opportunities and highlighting the region as a preferred destination for investment and expansion. We have made sure that we have a skilled workforce, favourable policies, and best-in-class infrastructure to help companies setup facilities that meet global standards. Today’s inauguration of Thermo Fisher Scientific’s India Engineering Centre is a testament to the overall ecosystem for life sciences in Telangana and the pro-business policies of the government, which attracts global players to Hyderabad. With the annual planned R&D investment of approx. US$15 million, I am also happy to learn that this facility will create employment of over 450 people, throughout the value chain.”
“Hyderabad city is a hotspot for talent acquisition, home to world-renowned R&D institutes, and is one of India's fastest-growing engineering, life sciences and IT knowledge hubs. The expansion of the facility is a testament to Thermo Fisher’s unwavering commitment to supporting change by accelerating innovation, improving time to market for new products,” said Tony Acciarito, President, Asia Pacific & Japan, Thermo Fisher Scientific.
(PRA)
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