Syngene to invest Rs 788 Cr for campus expansion in Genome Valley, Hyderabad

14 September 2023 | News

The expanded campus will add 1000 new jobs

K.T. Rama Rao, Minister for Municipal Administration & Urban Development, Industries & Commerce, and Information Technology, Telangana Government recently attended the ground-breaking ceremony for expanded campus of Syngene International in Genome Valley Hyderabad, being set up with a total investment of Rs 788 crore, offering employment opportunities worth 1000.

"The R&D campus of Syngene in Genome Valley has grown 4 times and now houses more than 900 scientists. Genome Valley is regarded as the epicenter for drug discovery and development services in Asia, and Syngene's expansion has further solidified Hyderabad's status as a hub for R&D in India", said the Minister.

Spread across 17.5 acres, Syngene will host 16.5 lakh sq. ft. state-of-the-art R&D labs and manufacturing facilities in this expanded campus in Genome Valley, Hyderabad.

"The Minister's visionary leadership has created a world class ecosystem for Life Sciences & ⁦Syngene International Limited is thrilled to expand in scale and add another 1000 jobs", said Dr Kiran Mazumdar Shaw, Executive Chairperson, Biocon & Biocon Biologics.

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