Tag Archives | R&D

New brooms sweep clean

I should not be surprised that Maharashtra’s new chief minister is having second thoughts about Dow Chemical’s plans for a research centre at Chakan, near Pune. Unfortunately, I am. I fail to see how a research centre will increase pollution. Dow had signed an MoU with the government last August and construction had started when […]

Continue Reading

Dow forced to halt work at Chakan

In yet another blow to Dow Chemical’s plans for India the company has had to halt work on its new R&D centre at Chakan, near Pune, following instructions from the Maharashtra chief minister. The government’s directive was aimed at appeasing the local population which has been strongly protesting against Dow and had even forcibly entered […]

Continue Reading

Hikal scores in CRAMS

Hikal is busy consolidating its position in the Indian CRAMs (contract research and manufacturing services) space. It recently secured a long-term contract with Bayer CropScience for supply of active ingredients for crop protection chemicals. And now Hikal plans to invest Rs 2bn (US$50m) in setting up four new manufacturing facilities in Bangalore and Mumbai and […]

Continue Reading

R&D: India needs to do more

India is seeing a rapid growth in the outsourced R&D business but the country still trails behind China and much of the developed world in this sector. This was evident in the numbers presented by the science and technology minister to the parliament yesterday. India has 150,000 researchers compared with China’s 800,000-1m. The number of […]

Continue Reading

Adding value to waste

A new technology that converts plastic waste to fuel has impressed sections of the Indian government but extensive support will be needed for it to be commercialised. The technology, developed by Unique Plastic Waste Management & Research, allows fuel to be generated from plastic waste by rapid de-polymerisation of carbon chain using proprietary catalysts. More […]

Continue Reading
world%20crams.JPG

Testing times for CRAMS

Business is booming in India’s custom research and manufacturing services (CRAMS) industry thanks to the country’s strong process chemistry skills, low operational costs and the availability of a skilled workforce. Frost & Sullivan values the Indian CRAMS market at $890m, and expects it to expand by 40% in 2008. It estimates the market for outsourcing […]

Continue Reading

Strong prospects for speciality chemicals

Ernst & Young has just released a report on the Indian speciality chemicals sector which accounts for around 24% of the US$40bn Indian chemicals industry. The report presents a favourable outlook for the sector with growth expected to be around 15%/year as compared to a global growth of around 7%. India’s attractiveness as an outsourcing […]

Continue Reading

Boosting Innovation

It is good to note that the Indian government is looking to boost R&D spend in the chemicals industry. According to this report, agro chemical companies would be given an income tax exemption to the extent of 1.5 times their annual R&D expenditure. The benefit will be available to all locally done research by multinational […]

Continue Reading

India attracts R&D dollars

R&D investments in India are steadily growing. This Reuters report states that DuPont will double its investment in a planned R&D centre in Hyderabad to Rs2bn over two years. The Hyderabad centre will be the company six largest outside the US. The centre, which will have a capacity for 650 people, will be operational by […]

Continue Reading

Need for innovation

India takes great pride in its large pool of scientists – said to be the largest in the world. But did you know that domestic R&D spending has never exceeded 1% of GDP. And 75-80% of the country’s R&D spend comes from the public sector. A thought provoking report from the World Bank highlights the […]

Continue Reading