AstraZeneca, a global, science-led, patient-focused pharmaceutical company dedicated to accelerating the delivery of life-changing medicines, has announced a strategic investment of Rs 176 crore, the third such investment in the past two years in India.
This new investment is focused on expanding the capabilities and infrastructure at its Global Innovation & Technology Centre (GITC) in Chennai to strengthen its position as a leader in healthcare innovation both globally and in India.
AstraZeneca’s expanded presence in the country will fuel the development of advanced technology capabilities, foster high-value job creation, and deepen collaborations with local talent pools and partners in Tamil Nadu and India. Additionally, this step will help accelerate the delivery of next-generation medicines, support digital and data-driven solutions, and help shape future-ready healthcare ecosystems.
"We’re proud to reinforce our commitment to the country’s vibrant scientific and technological community. This new investment reflects our ongoing mission to improve patient lives by embedding cutting-edge technologies into every aspect of our work. Chennai continues to evolve as a vital innovation hub, and our continued growth here demonstrates the state's boundless potential”, said Siva Padmanabhan, Managing Director, AstraZeneca India Private Limited.
The investment supports the growth of AstraZeneca’s world-class technology and innovation teams, including specialists in artificial intelligence, data analytics, machine learning, data science, and supply chain analytics to shape and transform healthcare outcomes. The GITC will benefit immensely from upgraded and additional capacity, designed to enable collaborative research and transformative solutions that address complex healthcare challenges.
MK Stalin-Chief Minister Tamil Nadu said, "AstraZeneca has played a significant role in shaping an ecosystem that integrates technology with healthcare ultimately changing the way people are accessing healthcare in the country. This additional investment in Chennai is a testament to state’s reputation as a centre of excellence for global innovation. This partnership will generate skilled opportunities, encourage knowledge exchange, and reinforce Tamil Nadu’s status as a premier destination for forward-looking industries."
