Hyderabad’s skilled tech focused workforce was a deciding factor in Amgen’s decision. Credits: GettyImages/SOPA Images.

California based biopharmaceutical giant Amgen, one of the world’s biggest biotech companies, is expanding into India.  

It announced plans to open a technology and innovation site in HITEC City, a suburb of Hyderabad. The site can accommodate up to 3,000 people and will be operational in Q4 of 2024.  

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Hyderabad is a popular destination for FDI. The Telangana region has received $3bln worth of FDI in the financial year 2024.  

Amgen selected Hyderabad for its skilled workforce across medicine, life sciences, data sciences and its growing AI sector. 

David Reese, Amgen’s executive vice president and chief technology officer, explains that this expansion fits into Amgen’s long-term goals:  

“At a time when a quickly ageing population needs more innovation, the convergence of biotechnology and technology is enabling Amgen to work with greater speed, confidence and, efficiency—an incredibly exciting milestone for which we have been preparing for over a decade.” 

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The site will build and strengthen technology solutions and digital capabilities that aim to enhance efficiencies across the business. Amgen India will offer positions in key areas such as AI, data science, life science and other global capabilities.  

Som Chattopadhyay has been appointed as the national executive in India that will lead the expansion.  

Telangana’s Chief Minister Sri Anumula Revanth Reddy says that “Amgen’s new site in Hyderabad underscores the city’s position as a hub for innovation and technology.” 

Amgen has nearly 27,000 employees around the world in around 100 countries.  

The US based IT consultancy Cognizant recently announced plans to also develop a facility in Hyderabad. It will focus on advanced technologies, including AI, machine learning, digital engineering, and cloud solutions.