Wednesday, November 4

Novartis

Novartis sells innovative medicines in India in areas such as cardiovascular, oncology, immunology and neurosciences, and runs clinical trials at more than 300 sites. Its Hyderabad corporate centre and development teams do global work in data, analytics, clinical operations and drug development.

Ownership and structure

Novartis operates in India through Novartis Healthcare Private Limited, which is wholly owned by the group. In 2026 it sold its 70.68% stake in the listed Novartis India Limited to a consortium led by ChrysCapital.

What India does for Novartis

About 2,800 people in the Development India Hub make up nearly 11% of Novartis’ global development workforce. Hyderabad is one of the group’s largest bases outside Switzerland.

Investment and deals

In February 2026 Novartis agreed to sell its 70.68% stake in Novartis India Limited for about ₹1,446 crore, and the takeover was completed in July 2026. In December 2015 it opened Novartis Knowledge City in Hyderabad, an 800,000 sq ft campus.

Novartis’s India business

Novartis runs its India business from Mumbai and its global corporate centre from Hyderabad. It employs more than 9,000 people in India.

Key moves in India

  • 1947: Novartis began operations in India.
  • 2007: Novartis started operations in Hyderabad.
  • 2015: It opened Novartis Knowledge City in Hyderabad.
  • 2024: Novartis announced a strategic review of its stake in Novartis India Limited.
  • 2026: It sold that stake to a ChrysCapital led consortium, completing the deal in July.

Where it operates

Novartis runs its India business from Mumbai. It also has a presence in Hyderabad.

At a glance

  • Home country: Switzerland
  • Global headquarters: Basel
  • Sector: Manufacturing & Supply Chains
  • Business: Pharmaceuticals
  • Role of India: Sales market, Capability centre, R&D hub
  • India entity: Novartis Healthcare Private Limited
  • Listed in India: No
  • India head office: Mumbai
  • India offices: Mumbai, Hyderabad
  • India headcount: 9,000+ (2026)
  • In India since: 1947

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