Eli Lilly Chooses Telangana to Invest Over $1 Billion

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.

A new manufacturing plant and quality centre will be set up, creating 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 here 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 States, Eli Lilly chose Telangana owing to the favorable ecosystem in terms of availability of highly skilled manpower, infrastructure, and support from the government.