BASF opens new innovation campus Asia Pacific in Mumbai
By OEM Update Editorial April 11, 2017 10:57 pm IST
BASF inaugurates its second Innovation Campus Asia Pacific in Navi Mumbai 1
B ASF Group inaugurated its new Innovation Campus Asia Pacific near Mumbai. The project involved a total investment of around €50 million from BASF Group, and marks the Group’s largest R&D investment in South Asia.
All global research operations at BASF Innovation Campus Asia Pacific (Mumbai) will be housed under BASF Chemicals India Private Limited, a 100% subsidiary of BASF SE. The new innovation campus will expand the company’s existing R&D activities in India to include global and regional research on a wide range of specialty chemicals. Topics will cover personal and home care, process development, organic synthesis, crop protection and many more.
“A growing need for energy, food and clean water, limited resources, and a rising world population pose huge challenges. Innovations based on chemistry will enable new solutions,” said Dr. Martin Brudermueller, Vice Chairman of the Board of Executive Directors, BASF SE and Chief Technology Officer. “As a consequence, BASF is expanding its R&D network, especially to emerging markets in Asia, as we want to drive innovation addressing customer and market needs at an early stage. Mumbai will be another powerful regional innovation hub for BASF, with proximity to the dynamically growing Indian market.”
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