Dow Chemical to set up USD 100 mn R&D centre (India)

[OhioChick]

Source: Zee News/India

Mumbai, Nov 01: Dow India, a unit of Dow Chemical Co, the largest US chemical maker, said it will spend an initial 4 billion rupees on a research and development centre in India.

The global R&D centre on a 100-acre site near Pune will be operational by 2008 and have 500 employees by 2010, it said in a statement late on Wednesday.

"The centre will have the capacity to bring a new product to market, from concept to commercialisation," said Vipul Shah, chief executive, Dow Chemical International Pvt Ltd.


Read more: http://www.zeenews.com/articles.asp?aid=404848&ssid=53&ssname=Companies%20and%20Commodities&sid=BUS&sname=LATEST-BUSINESS-NEWS

[katsy]

1. Do you think there's going to be an even more frenzied rush...

out the door by corporations before the 2009 inauguration of a new president and new policies?

[OhioChick]

2. It All Depends on Who is Elected. n/t

[donsu]

3. letting DOW in shows just how far their govt. has joined hands with

the neo cons.

India will crash

[physioex]

5. Yep...

With the lax regulation, they can setup a plant just like Union Carbide.

[izquierdista]

4. They get to go home!

All the Indian students enrolled in Ph.D. programs here in the States. :bounce::bounce:

Won't be any reason to stay after they graduate; not like there's any jobs here anyway.