Hyderabad (Telangana) [India] October 6 (ANI): In a major boost to Telangana's life sciences sector, US pharma giant Eli Lilly has announced a massive investment of over USD1 billion to set up a new manufacturing plant and quality centre in Hyderabad .
The move is expected to create thousands of job opportunities for the state's youth and further strengthen Hyderabad 's position as a global life sciences and pharmaceutical hub.
The announcement came after a delegation from Eli Lilly met Chief Minister A. Revanth Reddy and Industries Minister D. Sridhar Babu at the Integrated Command Control Centre on Monday.
This latest investment, one of the largest in recent years, comes just months after the inauguration of Eli Lilly's Global Capability Centre (GCC) in Hyderabad on August 4. T