DuPont to open R&D centre in India

Resin supplier DuPont is investing over US$22.5 million to construct its first research and development (R&D) centre in India.
Called the DuPont Knowledge Center, the facility will be located on 15 acres of land in Hyderabad and will house more than 300 scientists and other DuPont employees.
Groundbreaking is scheduled for March 2007, and the centre is expected to be fully operational in early 2008.
According to DuPont, research at the centre will focus on the development of molecular biology, bio-informatics and polymer synthesis.
“The establishment of the [centre] in India is consistent with our company’s strategy of going where the growth is,” Balvinder Singh Kalsi, president of DuPont India, said. “Our intent is to leverage Indian science and engineering talent for the benefit of DuPont customers and shareholders.”