Pulsus to invest INR 300 Crore in AI-led pharma healthcare IT hub in Telangana

Riya Fernandes Jul 06, 2024 0

Pulsus Group plans to set up an AI-based pharma healthcare IT hub at Ameenpur in Sangareddy district. The estimated cost for this project is INR 300 Crore. The upcoming AI healthcare hub by Pulsus will create an estimated 10,000 direct jobs and around 40,000 indirect jobs through supporting industries and services. 

By integrating advanced artificial intelligence, they aim to streamline processes, enhance precision in drug development, and improve patient outcomes. Moreover, the pharma industry embracing AI and other cutting-edge technologies should help make drugs and other treatments affordable for patients.

Also Read: Anvita Group to set up INR 2,000 Crore Ivana project in Kollur

Furthermore, to boost Hyderabad’s prospects as a global pharma capital, Chief Minister A Revanth Reddy decided on a cluster-based and decentralized development approach. This includes 9-10 pharma zones across the state to ensure a self-sustaining ecosystem and generate employment in rural areas. The Pulsus AI healthcare hub will be a key part of this vision.


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