Philips Eyes Hyderabad Knowledge Hub as Telangana Pushes AI in Healthcare

Philips expressed interest in partnering with the State in the AI space, especially in the context of the AI-led work Telangana is positioning itself to host in the med-tech and health-tech domains.

Dutch major Royal Philips has conveyed its interest in exploring the possibility of setting up a knowledge hub in Hyderabad, impressed by the work being done in Artificial Intelligence, particularly in healthcare, in Telangana.

The contours of a potential collaboration emerged during a meeting between a delegation led by Chief Minister A. Revanth Reddy and Philips Vice-President and Global Head, Government and Public Affairs, Jan Willem-Scheijgrond at the World Economic Forum 2026 in Davos.

During the discussions, Philips expressed interest in partnering with the State in the AI space, especially in the context of the AI-led work Telangana is positioning itself to host in the med-tech and health-tech domains.

The meeting also deliberated on the possibility of setting up a knowledge hub in Hyderabad with the State as a partner, according to the offices of the Chief Minister and the IT and Industries Minister D. Sridhar Babu.

Explaining the State’s policy framework, Mr. Reddy outlined the new and dedicated Telangana Life Sciences policy, which targets building a $250 billion Life Sciences economy by 2030, with medical electronics and allied sectors forming an integral part of the growth strategy.

Referring to the Telangana Next-Gen Life Sciences Policy 2026–2030, the Chief Minister said the policy extends benefits to medical electronics and other allied areas, and is aimed at creating a world-class, sustainable industrial cluster focused on pharmaceutical manufacturing and research and development.

“As part of the State’s new economic development strategy under Telangana Rising 2047 vision, the PURE (Peri-Urban Region Economy) between the Outer Ring Road (ORR) and the Regional Ring Road (RRR) is being developed for manufacturing and logistics,” he said.

Mr. Sridhar Babu said the pharma manufacturing strategy and the new Life Sciences policy are expected to emerge as key building blocks in Telangana’s efforts to become a $3 trillion economy by 2047.

He highlighted the presence of over 2,000 life sciences companies, a strong IT–life sciences–healthcare talent base, Genome Valley in Hyderabad, and the more than 300-acre Medical Devices and Medical Electronics Park in the State.

Stating that Telangana is on course to be the epicentre for AI, Mr. Sridhar Babu referred to plans to establish a dedicated AI City in Hyderabad. “This is the right time to come and setup a knowledge hub in Hyderabad,” he said, while inviting Philips leadership to visit Telangana and explore opportunities, particularly in Genome Valley.

Responding to the discussions, Mr. Willem-Scheijgrond said, “Telangana’s AI-led disruption in healthcare is impressive. We invite the ‘Telangana Rising’ delegation to visit our headquarters in The Netherlands.”

Stay tuned for more such updates on Digital Health News