BASF is expanding its research and development (R&D) presence in Asia Pacific by investing €50 million to set up an innovation campus at its existing plant in Navi Mumbai. The research and development centre will employ 300 scientists when it becomes fully operational by the end of next year.
At present, the company has one R&D centre at Chandivli in Mumbai with 50 scientists and another start-up centre at its plant in Navi Mumbai. All the research work would be consolidated at the new facility being built.
BASF India is a leading player in chemical sector and manufactures and markets a wide range of products such as expandable polystyrene, tanning agents, leather chemicals and auxiliaries including specialized metal complex dyes etc. in primary forms and crop protection chemicals.
