AsianScientist (Mar. 11, 2014) – European chemical giant BASF SE has opened a global Research and Development (R&D) Center at its Thane site in Navi Mumbai, India.
With an initial investment of almost US$2.8 million, the new center will focus on organic synthesis, advanced process and formulation research, discovery chemistry for modern agricultural solutions, and molecular modeling. The new R&D facilities will accommodate more than 60 scientists in the first phase.
“By establishing a global research presence in Mumbai, we will be able to work directly with a wide range of scientific talents in India and take steps towards our strategic goal to innovate from Asia Pacific, for Asia Pacific and the world. We are also currently evaluating further investment options into R&D in Asia Pacific, including India.” said Dr. Harald Lauke, President, Biological & Effect Systems Research at BASF.
Apart from the new center at Thane, BASF also recently established an Agronomical Research and Development Field Station in Pune, near Mumbai, for its agricultural business.
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Source: BASF.
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