MNCs Expand AI And R&D Capacity

Hyderabad this week attracted major multinational investments as Tredence opened a 20,000 sq ft delivery and innovation centre, Actis-backed Rx Propellant committed $100 million, and Sanofi expanded its GCC capacity. Tredence plans to grow local staff from about 400 to over 2,200 by 2027; Rx Propellant will build more than 1 million sq ft of lab space across roughly 12 acres over six years, while Sanofi raised capacity to about 4,500 employees.