DuPont has announced plans to invest more than US$22.5 million to construct The DuPont Knowledge Center - its first research and development (R&D) center in India. The Center will be located in Hyderabad and is expected to accommodate more than 300 scientists and other employees, and will focus on discovery research as well as applications development in a variety of areas. DuPont has signed a Memorandum of Understanding (MoU) with ICICI Knowledge Park for a long-term lease. The groundbreaking is slated for March and is expected to be fully operational in early 2008.
Research at the site will focus on "integrated science" - the addition of biology to traditional strengths in chemistry and materials science - to develop the company's application pipeline in India and other emerging markets. The site initially will focus on molecular biology, bio-informatics and polymer synthesis, with further R&D in the company's application pipeline across all five of its business growth platforms.
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