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 CTO. “As a consequence, BASF is expanding its research and development 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.”
The campus can accommodate up to 300 scientists and will bring together top scientists from India and other parts of the world. The approximately 20,000 square-meter campus is a collaborative space housing scientific and technical laboratories, modern offices and more.
In 2016, BASF Group’s research pipeline encompassed around 3,000 projects, and spending on research and development was €1.863 billion. Aproximately 10,000 employees work in research and development worldwide.