Global pharma major Sanofi Aventis Group will set up its largest vaccine making facility in Hyderabad.
"The new plant, our biggest facility in the world, is coming up," Mr Christopher A Viehbacher, Chief Executive Officer of Sanofi told newspersons here on Wednesday.
Sanofi would continue to invest in creating its state of the art biotech and vaccine platform through Hyderabad-based Shantha Biotechnics, he added.
Sanofi had spent $300 million in increasing capacities in Shantha in three years, he added.
The World Health Organisation had pre-qualified Shantha's cholera and tetanus vaccines last week, Mr Viehbacher said.
0n possible acquisitions by his company in India he said it would depend on the availability of suitable candidates.
"We are driven return on investment in these decisions," he added.
At present, Sanofi employs 5000 in India and operates three manufacturing plants besides a formulation development centre.