Private Sector | Maharashtra - India | PID: 202781
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Royal Philips has expanded its presence with a new research and development (R&D) center at its Healthcare Innovation Centre (HIC) in Pune, Maharashtra.
Situated in a 10-acre plot, the upcoming facility in MIDC, Chinchwad, will have an office space of approx. 3,00,000 sq. ft. in the first phase and will house 1,900 employees. This will allow for more innovative end-to-end solutions and its capabilities will help address the needs of both Indian and global markets.
The new centre, to be operational in two years, will accommodate R&D teams from the company’s Image Guided Therapy, Precision Diagnosis, Monitoring and Sleep & Respiratory businesses. Integrating all teams in one centre will help to optimise scale, and efficiency while also supporting resource and best practices across businesses.
Established in 2011, the HIC in Pune is focused on multi-modality healthcare R&D and smart manufacturing, and operational excellence. The new centre will have green power, provide EV charging provisions and encourage bicycle commuting. In November last year, Philips India inaugurated its new innovation campus in Yelahanka, Bengaluru. It accommodates 5,000 professionals in a 6,50,000 sq. ft. facility, with focus on innovative health technologies for achieving better health outcomes, and lowering the cost of care.
The new center will further strengthen the company's commitment to supporting the Indian healthcare ecosystem with innovative and sustainable solutions, as well as globally.
| Updated on: 22 - Apr - 2024
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