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Hyderabad: Telangana secured a massive investment of $1 billion by US Pharma major Eli Lilly, which will expand its manufacturing and global medicine supply capacity in Hyderabad. The expansion will be facilitated through new contract manufacturing, adding huge job opportunities for Telangana’s youth.
The announcement was made after the company’s global delegation met Chief Minister A Revanth Reddy and Industries Minister D. Sridhar Babu at the Integrated Command Control Centre on Monday.
The investment decision reiterates the company’s trust in Telangana’s leadership and effective governance, after having inaugurated the global capability centre in Hyderabad in August this year. Despite strong interest from several sta