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Thermo Fisher targets 15%–20% growth in India customer base over five years

Reuters ·

TMO Thermo Fisher Scientific Inc
$676.76 +3.35%
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  1. 1Thermo Fisher Scientific (TMO) aims to grow its India customer base by 15% to 20% over the next five years
  2. 2The head of the Indian subsidiary cited demand from biopharma, semiconductors, and clean energy, along with the expansion of the obesity-treatment market, as growth drivers
  3. 3Asia-Pacific accounts for roughly 18% of revenue, with plans to sustain double-digit annual growth in India and expand the workforce by more than 5,000

Source Reuters · View original ↗

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