Mr. Sanjeev Khatri, Managing Director, Eurofins India, lighting the traditional lamp to mark the inauguration new facility today at Hoodi, Whitefield, Bangalore. Dr. Matthias-Wilbur Weber, Group Executive Vice President, Eurofins Scientific is also seen on the occasion.
Eurofins worldwide leader in bioanalytical testing, today announced the opening of its new facility in Bangalore, India, as part of its expansion plans, to consolidate its operations and tap the growth opportunities in the market. The new facility includes a mix of labs and offices built over 48,357 sq ft.
The company operates overall five businesses in India – four of them, Genomics; Food & Feed testing; Pharma Services and IT Solutions, are located in the new facility at Hoodi, Whitefield, Bangalore while AgroScience Services, operates from Coimbatore, Tamil Nadu.
“This new facility demonstrates our commitment to the Indian market, which is strategically important for our growth in the long term. Eurofins is one of the few international players in the testing business to invest in a wholly owned facility in India. We will expand our offering to bring more and more of the Eurofins portfolio of services to customers here,” said Dr. Matthias-Wilbur Weber, Group Executive Vice President, Eurofins Scientific, after inaugurating the new facility today.
Dr. Weber added, “India is a critical market, which is strategically important for our future growth. India will help us to grow at the global level from current 1.3 billion Euros to 2 billion Euros by 2017.
Eurofins has been present in India since 2009 and has grown from a single business to multiple businesses over the last few years. “The pace of growth and diversity of activities meant that all entities could not be accommodated in single rented premises. With most of our businesses starting up and quickly reaching profitability, it became quite clear that India will continue to be an attractive market for Eurofins and we shall continue to grow our presence here,” said Mr. Sanjeev Khatri, Managing Director, Eurofins India.
By September, 2014, Eurofins will have staff strength of around 300 in India. Over the next 2-3 years, Eurofins plans to significantly ramp up its headcount. The company has leased 6 acres of land in Coimbatore where field trials of plant protection and other agrochemicals will be carried out.
With over 15,000 staff in more than 190 laboratories across 36 countries, Eurofins offers a portfolio of over 100,000 reliable analytical methods for evaluating the safety, identity, composition, authenticity, origin and purity of biological substances and products. The Group provides its customers with high-quality services, accurate results on time and expert advice by its highly qualified staff. The same levels of services are offered in India as well.
The company’s customers include many of the largest global companies in food, retail and pharma. Most of these companies are present locally and use Eurofins’ services. Reputed private and public research institutions are part of Eurofins impressive client list.
