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On Wed, 11 Sept, 4:04 PM UTC
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Us Animal Health Giant Zoetis Opens Capability Centre | Hyderabad News - Times of India
Hyderabad: Animal health giant Zoetis Inc, which makes vaccines, medicines and diagnostics for pets and livestock, on Tuesday unveiled its new expanded India capability centre (ZICC) in Hyderabad, with a capacity to accommodate 350 employees. The new global tech and development centre, which is spread over around 40,000 sq ft and houses around 50-60 employees currently, will be Zoetis' largest globally and will work on cutting-edge technology, including AI & ML, Data Analytics, SAP, Salesforce, among others.Zoetis chief information officer Keith Sarbaugh said the expansion is aimed at tapping into India's, particularly Hyderabad's, world-class tech and digital talent and vibrant start-up ecosystem. tnn
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Zoetis strengthens India presence with major Hyderabad facility expansion
Anil Raghav: Over the next several months, we will be adding hundreds of new roles to our team. Our state-of-the-art facility in Sattva Knowledge City will be home to professionals dedicated to driving innovation and pioneering transformative advancements. The Zoetis India Capability Center will leverage world-class talent in India to ensure sustainable growth and maintain a competitive edge for Zoetis worldwide. Our investments are significantly boosting our presence in India, enhancing our R&D footprint, and expanding our commercial operations. The Zoetis India Capability Center will closely partner with businesses to serve as the bedrock of innovation for our company, applying leading-edge technologies to tackle the most complex challenges. Keith Sarbaugh: As the leader in animal health globally, Zoetis is at the forefront of a dynamic and growing industry. This expansion aligns with our global vision. It is a key part of our strategy to leverage local expertise to drive worldwide innovations in veterinary care. By investing in this capability center, we are positioning Zoetis to advance our digital and technology capabilities which are not only the foundation of how we operate but fundamental to how we show up in the marketplace and engage with our customers. We know that data and digital are the keys to unlocking new insights and understanding new opportunities as a leader in developing innovative solutions for animal health and our position as the tech leader in the industry. We are harnessing India's world-class IT talent and vibrant start-up ecosystem to accelerate the delivery of breakthrough solutions for veterinarians, pet owners, and livestock farmers worldwide. Anil Raghav: We are excited about the impact this will have on job creation and the local economy. We plan to create hundreds of high-end technology roles over the next several months. These positions will require specialized skills in areas such as Artificial Intelligence (AI), Machine Learning (ML), Data Science, Enterprise Resource Planning (ERP), and many more. By offering these opportunities, we aim to attract and retain top talent within the region, fostering a robust and dynamic workforce. In addition, the influx of specialized jobs will provide direct employment and stimulate ancillary industries and services. By investing in local talent and resources, we hope to create a sustainable and thriving ecosystem that benefits everyone. Our expansion is designed to be a catalyst for economic growth, job creation, and community development, contributing to the prosperity of the Hyderabad region. Keith Sarbaugh: Our expansion in Hyderabad strategically positions Zoetis to meet the future demands of the rapidly evolving animal healthcare industry. The global Animal Health market size is expected to grow 4-6% over the next 5-10 years. In India specifically, the Veterinary Healthcare Market is estimated to reach USD 1.25 billion in 2024 and is expected to grow at a CAGR of 8.63% during the forecast period. Our enhanced capability in India is critical to our ability to meet the increasing demands of our customers. The possibilities of Gen Al further the demand for tech and digital capabilities and require talent with both business and technology expertise. Keith Sarbaugh: While we are focusing on this current expansion, we see India as a critical part of our long-term global strategy. We want to attract and develop talent who can demonstrate our purpose and values through curiosity and passion for making a meaningful impact on our business and animal health. As a thriving ecosystem focused on advancing technologies and life sciences, Hyderabad is an ideal location to our future investment in animal health, technology, and innovation. The success of our organization is dependent on talent who can integrate technological expertise while understanding with our business needs. We are excited about the potential this expansion brings and look forward to the innovations that will emerge from our Hyderabad center in the coming years. Keith Sarbaugh: The animal healthcare industry is evolving rapidly, driven by factors such as increasing pet ownership, growing medical needs of companion animals, and rising global demand for animal protein. Zoetis is at the forefront of a dynamic and durable industry, and our science-driven innovation and differentiated execution that consistently continue to be our competitive advantages. Zoetis has grown faster than the industry by addressing unmet medical needs that have enabled us to create and grow new markets. Data, analytics, and technology underpin this evolution and our abilities to connect with our customers whether a pet owner, veterinarian, or producer. Identifying talent who have experience in technology that are critical to our future such as SAP S4 HANA, Salesforce, Hybris, Microsoft Copilot and ChatGPT to name a few, is a key priority and we are excited to see what we can achieve in Hyderabad.
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US-based animal health company Zoetis has opened a new capability centre in Hyderabad, India, marking a significant expansion of its operations in the country. The facility aims to support global operations and drive innovation in animal health.
Zoetis, the world's largest animal health company, has significantly expanded its presence in India with the opening of a new capability centre in Hyderabad. The US-based firm, which specializes in developing, manufacturing, and commercializing medicines, vaccines, and diagnostic products for pets and livestock, inaugurated the facility on Monday 1.
The new centre represents a strategic move by Zoetis to strengthen its foothold in the Indian market and leverage the country's talent pool. While the exact investment figures were not disclosed, the company has stated that this expansion is part of its long-term commitment to India 2.
Located in Hyderabad's IT corridor, the state-of-the-art facility spans an impressive 40,000 square feet. It is designed to accommodate up to 400 employees, indicating Zoetis's plans for substantial workforce growth in the region 1.
The capability centre will focus on various critical functions, including:
These functions will support Zoetis's global operations, emphasizing the strategic importance of the Hyderabad facility in the company's worldwide network 2.
Glenn David, Executive Vice President and Chief Financial Officer of Zoetis, expressed enthusiasm about the new centre. He highlighted its role in driving innovation and supporting the company's global growth initiatives. David emphasized the significance of tapping into India's diverse talent pool to enhance Zoetis's capabilities in animal health solutions 1.
The establishment of this capability centre is expected to create numerous job opportunities for local talent in Hyderabad. It aligns with the city's growing reputation as a hub for global companies, particularly in the life sciences and technology sectors 2.
This expansion by Zoetis underscores the growing importance of the Indian market in the global animal health industry. As the demand for advanced animal health products and services continues to rise in India, Zoetis's enhanced presence positions the company to better serve this expanding market while contributing to the development of the local biotechnology and pharmaceutical ecosystem 1 2.
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