PULSUS Group to establish AI based Pharma Healthcare IT Hub in Telangana
Hyderabad: PULSUS Group, headquartered in Hyderabad, to establish AI Based Pharma Healthcare IT Hub with an investment of Rs 300 crore in Ameenpur, located within Telangana's Sangareddy district.
Dr. Srinubabu Gedela, CEO and Managing Director of PULSUS Group made this announcement on the sidelines of the 73 IPC Congress, an annual event of Pharmacists.
The project aims to revolutionize both the healthcare and IT landscapes. The establishment of this hub is anticipated to have a significant economic impact by creating approximately 50,000 job opportunities.
Early estimates suggest the hub to generate 10,000 direct positions within the hub itself and an estimated 40,000 indirect jobs through supporting industries and services.
Dr Srinubabu emphasized the transformative potential of AI, stating, "This AI-powered hub will be aligned with IPC congress theme “Role of Indian Pharma: For Global Wellbeing”. By integrating the most advanced artificial intelligence, we aim to streamline processes, enhance precision in drug development, and improve patient outcomes. This positions Telangana at the forefront of healthcare innovation in India."
As per per UNI report, the key features of the project include innovative AI to enrich all aspects of pharma, from research and development to healthcare delivery and generate a sizable number of jobs, providing substantial employment opportunities for local residents, he said.
Located within the designated IT/ITeS Zone in Ameenpur, the hub benefits from exceptional infrastructure and connectivity; the project enjoys dedicated support from the Telangana government and the Software Technology Parks of India, highlighting its strategic importance, he added.
The Pharma Industry in Hyderabad contributes more than 40 percent bulk drug production in the country and is named as “Bulk Drug Capital of India '' and “Vaccine Capital of the World ''. The Innovation, Infrastructure and Inclusive growth of Hyderabad is paying rich dividends, and the state is second in manufacturing as per innovation index rankings 2022 and leading the country with highest per-capita income in 2022-23.
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