BASF Expands in India With New Global R&D Center
BASF SE opened a new global research and development center at its Thane site in Navi Mumbai, India, the company said March 7.
The center will focus on organic synthesis, advanced process and formulation research, discovery chemistry for modern agricultural solutions, and molecular modelling. The new facility has been set up by BASF under its group company, BASF Chemicals India Pvt Ltd. The new R&D facilities will accommodate more than 60 scientists in the first phase.
The facility includes an initial investment of 2 million euros.
By 2020, BASF plans to conduct 50 percent of its research activities outside of Europe – one quarter in Asia Pacific,” said Harald Lauke, president, biological and effect systems research at BASF.
“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,” he said. “We are also currently evaluating further investment options.”
For more information, visit www.basf.com.