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AstraZeneca Plans Rs 250 Crore Investment for Chennai GCC Expansion

AstraZeneca invests Rs 250 crore in Chennai, creating 1,300 new jobs at its GITC.

Mrudula Kulkarni
Di Mrudula Kulkarni
Caporedattore - Pharma Now
5 lug 2024Updated Jun 26, 2025 · 2 min di lettura
AstraZeneca Plans Rs 250 Crore Investment for Chennai GCC Expansion
https://tamil.goodreturns.in/news/astrazeneca-to-buy-canada-based-fusion-pharma-for-2-billion-after-expanding-its-chennai-gcc-office-042655.html
Giornalismo assistito da IA
Reviewed by Mrudula Kulkarni, Caporedattore - Pharma Now

AstraZeneca India Private Limited (AZIPL), the Global Capability Centre of pharmaceutical giant AstraZeneca, announced on July 4 that it will be investing Rs 250 crore ($30 million) to expand its operations in Chennai.

"This investment aims to grow our Global Innovation and Technology Centre (GITC) in Chennai," the company revealed. "The expansion will create nearly 1,300 new roles dedicated to fostering innovation, boosting efficiency, and optimizing global operations."

Tamil Nadu Industries Minister TRB Rajaa expressed his excitement about the expansion, stating, "We are delighted to see AstraZeneca enhancing their capabilities by leveraging the vast talent pool in Tamil Nadu. Their commitment to reinvest and expand in our state is a strong validation of our people, talent, and supportive policies."

He further emphasized, "The swift uptake of office spaces in Chennai highlights Tamil Nadu's status as the Knowledge Capital of India."

 

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Mrudula Kulkarni
Written by
Mrudula Kulkarni
Caporedattore - Pharma Now

My international experience as a researcher in Taiwan for three years has equipped me with a global perspective, enabling me to create content that resonates with an international audience.



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