DUPONT India, subsidiary of the US-based $29 billion EI du Pont de
Nemours, is setting up a research and development centre in Hyderabad
at an investment of over Rs 100 crore. DuPont knowledge centre will
focus on basic research, application development and other knowledge
services including IP management.
"The centre will be the sixth major R&D centre of the company outside the US. We are looking at employing about 300 scientists at the centre. It will be fully operational in the second quarter of 2008," said Balvinder Singh Kalsi, president, DuPont India.
Talking to ET on Thursday, he said, DuPont has signed an agreement with ICICI Knowledge Park in Hyderabad for a long-term lease agreement for 15 acres. "Initially, we are looking at investing over Rs 100 crore for infrastructure development. We will be pumping in more money for our research activities in future," he added.
The Hyderabad facility will focus on molecular biology, bio-informatics and polymer synthesis, said Homi Bhedwar, director, India Knowledge Centre. The centre will also focus on discovery research as well as applications development in a variety of areas. "We have five business units in India â€” agriculture and nutrition, coating and colour technology, electronics and telecom, performance materials and safety and protection products. The knowledge centre will serve all these units. It will also help integrate biology with chemistry and applied material science so that we can bring out new products for crop protection and polymer engineering," Mr Bhedwar said.
Every time an offender stealthily leaves India to take refuge in another country, the Government of India starts all over again with its strategy of bringing him back to the nation to make him stan More
Helplinelaw can set up your session with quality and experienced lawyers to discuss and resolve your legal matters. You can avail consultation in form of sending questions, phone call or webchat discussion More