BASF Group inaugurated its new innovation campus in Mumbai with a total expected investment of up to €50 million from BASF Group, and marks the Group’s largest research and development (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, according to a company statement.
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 speciality chemicals and will cover personal and home care, process development, organic synthesis, crop protection among others.
“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.
The Innovation Campus significantly expands BASF’s research capacities in India, which were established in 2005 and expanded in 2014 to cover agricultural research, organic synthesis, molecular modelling and advanced process research, according to the statement. The new innovation campus includes state-of-the-art laboratories for chemical synthesis, application and process development, as well as analytics.
The campus can accommodate up to 300 scientists and will bring together top scientists from India and other parts of the world.
