KT Rama Rao, Minister for Industries and Commerce, Government of Telangana, yesterday inaugurated a new Research and Development (R&D) and engineering facility – India Engineering Center (IEC). The newly expanded IEC is part of Thermo Fisher’s R&D Center of Excellence in India and will bring an additional 140 new jobs to the region, Thermo Fisher Scientific notified in a statement.
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. In addition, the facility will also attract top talent and open employment opportunities in Telangana. This facility will have the required infrastructure to design and develop instruments, perform product reliability performance testing and verification, as well as validation of products, the statement said.
During the inauguration, Rao said, “Over the years, the state of Telangana has been recognised as the leading hub for lifesciences 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 the best-in-class infrastructure to help companies set up facilities that meet global standards. Today’s inauguration of Thermo Fisher Scientific’s India Engineering Centre is a testament to the overall ecosystem for lifesciences 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 $15 million, I am also happy to learn that this facility will create employment of over 450 people, throughout the value chain.”
The others present during the inauguration included Tony Acciarito, President, Asia Pacific and Japan; Amit Chopra, Managing Director, India and South Asia and Michael Meguiar, Vice President, Operations, Laboratory Equipment, Thermo Fisher.