DuPont to setup a Knowledge Centre in India

DuPont to setup a Knowledge Centre in India

DuPont has said in a statement that they would invest around Rs 200 crore to set up its first Knowledge Centre in India.

Company’s President and CEO Balvinder Singh Kalsi said in a statement on their plans for the Indian market: “We have five R&D centres worldwide, including at US, Germany and China, but this centre to be set up at Hyderabad will be the company’s first Knowledge Centre.”

He added: “The land has been taken on lease for 51 years from ICICI Knowledge Park, which is a Joint Venture between ICICI Bank and the Andhra Pradesh Government.”

DuPont R&D Director Homi Bhedwar added: “A total of initial Rs 100 crore will be invested on infrastructure and another Rs 100 crore on equipment and manpower in the Knowledge Centre.”

This DuPont center would be established on an area of 15 acres of land on the ICICI Knowledge Park at Hyderabad.

The company said that this upcoming center would have applications development to cater to the global markets, including India and they are aiming to increase the productivity of their appliances. DuPont already has six manufacturing sites in the country at Baroda, Madurai and Hyderabad.