Q:Hello everyone, I have heard that among the many investments in the Pharma City in Hyderabad, the Novartis Pharma company is also investing in Hyderabad. Does anyone have details about this?
Latest Answer: Actually, Novartis is planning to transfer or move the jobs of about 6% of their total work force so as to reduce the number of production sites and is part of a larger drive to cut cost.
Q:Hey I have recently heard that a new Hyderabad Pharma city is being established in Hyderabad? Where it is about to come up? Can I have more information on this?
Latest Answer: I bought few plots in 2011, went to see yesterday - of course not much activity though not sure if Pharma city is being considered in that part of the village
Latest Answer: yes yes..the Telengana State Industrial Infrastructure Corporation (TSIIC) is overlooking the infrastructural development of this project. There was also a news that the govt is also planning to draft a comprehensive pharma policy. Actually, the govt is also planning to move all other existing pharma industries to the Outer Ring Road Area of Hyderabad.