Evonik India opens new office and research hub in Thane
Evonik India Research Hub (EIRH), in Thane on April 23, 2024. The company said the inauguration ceremony was attended by the Consul General of the Federal Republic of Germany in Mumbai — Dr. Achim Fabig.
Evonik India’s new office, spread across 100,000 square feet, will serve as a hub for Evonik's operations in India, providing an inspiring environment for employees to collaborate, innovate, and drive growth, the company said in a statement. Evonik currently employs approximately 850 employees in India in its three entities.
The EIRH is a crucial hub for developing new products and technologies catering to the needs of the Indian market and creating products tailored to Indian customers' specific requirements. EIRH will also be a global support center for formulation development in pharmaceuticals, nutraceuticals, and the food industry, the company said.
«We believe that our new office will not only facilitate greater collaboration and synergy among our team members but will also enable us to better meet the evolving needs of our customers and partners,» Vinod Paremal, President & Managing Director of Evonik India said.
Evonik, one of the world's leading specialty chemicals company, has presence in over 100 countries around the world. The company reported sales of €15.3 billion and an operating profit (adjusted EBITDA) of €1.66 billion in 2023.
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