Thermo Fisher Scientific opens new India R&D and engineering centreApril 29, 2022
Thermo Fisher Scientific, one of the world’s top medical and life sciences technology companies, has opened its new India research & development and engineering centre at Hyderabad. The new facility -– India Engineering Center (IEC)–inaugurated by Telangana Commerce and Industries Minister K.T. Rama Rao on Thursday, will be part of the med-tech giant’s global research and engineering network spanning 100 locations across the world.
IEC will employ over 450 diversely talented engineers and vendor partners. This 42,000 sq. ft research and development facility includes several engineering labs and will support new product development and product sustenance for laboratory and analytical solutions for Thermo Fisher’s global sites. In addition, the facility will also attract top talent and open employment opportunities in the Telangana state and will have the required infrastructure to design and develop instruments, perform product reliability performance testing and verification, as well as validation of products, said a company statement.
Thermo Fisher Scientific, which currently invests more than $1.4 billion annually in R&D, is expected to have an annual planned R&D investment of about $15 million in the new India facility.
“Hyderabad city is a hotspot for talent acquisition, home to world-renowned R&D institutes, and is one of India’s fastest-growing engineering, life sciences and IT knowledge hubs. The expansion of the facility is a testament to Thermo Fisher’s unwavering commitment to supporting change by accelerating innovation, improving time to market for new products,” said Tony Acciarito, President, Asia Pacific & Japan, Thermo Fisher Scientific.