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Eli Lilly and Company has announced a strategic investment of over USD 1 billion in India, focusing on expanding manufacturing, research, and development capabilities. This move aims to strengthen the company's global supply chain and enhance patient access to innovative medicines across key therapeutic areas like diabetes, obesity, cancer, and autoimmune conditions. The investment is expected to create numerous job opportunities and solidify India's position as a global pharmaceutical hub.

In a nutshell

This substantial investment by Eli Lilly underscores the growing strategic importance of India as a manufacturing and R&D hub within the global pharmaceutical landscape. It reflects a broader industry trend of major players expanding their footprint in emerging markets to diversify supply chains and accelerate the development and accessibility of critical therapies.

Source: The Tribune