Agilent to set up life sciences facility in Gujarat

Agilent Technologies India,which has expanded presence to Ahmedabad in Gujarat will concentrate on life sciences and clinical analysis in the state on the back of fast growing pharma and life sciences companies.

The company has offices in cities including Delhi, Mumbai, Chennai, Hyderabad with headquarters in Gurgaon. The company plans to invest $35 million (Rs 137.5 crore approximately) in India in the next one or two years.

Agilent Technologies, which will be setting up its first manufacturing facility by 2009 in India at Manesar near Gurgaon, provides measurement sciences in the segments of electronic and bio-analyticals.

The electronics segment consists of wireless, network & digital solutions and electronic instrument.

Whereas, through bio-analyticals segment the company works in the field of chemical analysis, Life sciences and Material Sciences.

Venkatesh Valluri, President and Country General Manager, Agilent Technologies said that the Testing and Measurement market in India is around haif a billion dollars.

He added that the company's newly opened Research and Development lab at Bangalore would support its world-wide operations.

He said that the company is focussed on developing a product portfolio targeting small and medium businesses (SMBs) for which it expects India and China to offer a great market potential.