# Philips acquires land for new R&D centre in Pune

Philips announced the acquisition of 10 acres of land to build a new R&D centre in Pune, India, to expand innovation capabilities. The current Pune R&D centre supports global businesses for image-guided therapy, precision diagnosis, and connected care.

- Type: Investment
- Announced: 2022-05-12
- Where: Pune, India
- Status: announced
- Products: R&D for image-guided therapy, precision diagnosis, connected care
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Royal Philips](https://endata.com/companies/25215.md)

## Sources

- [biospectrumindia.com](https://biospectrumindia.com/news/95/21226/philips-expands-manufacturing-and-rd-facility-in-pune.html), 2022-05-12: "Philips also announced the acquisition of 10 acres of land to build a new R&D centre to expand innovation capabilities in Pune to invest further in India."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.