BASF plans to set up a new innovation campus at its Navi Mumbai facility, with an investment of Rs 380 crore. This will enable the company to expand its R&D presence in the Asia-Pacific region.

The investment will be made by the wholly owned Indian subsidiary of BASF SE, Germany; namely, BASF Chemicals India. The new innovation campus is projected to be operational by 2017 and will be BASF’s second largest facility after the one in Shanghai.

BASF’s new facility will employ around 300 scientists investigating areas like crop protection, process development and polymer research. The company will also set up specialised R&D facilities in the areas of electronic materials, battery materials, mining, catalysis, water treatment, polymers and materials.

BASF India employs over 2,250 employees at eight production sites and sales offices and at the two R&D centres.

More Project Info:

Innovation Campus (MIDC Turbhe) Project