We are constructing on 50 years of success in India by including new manufacturing, lab and R&D websites, supporting in-country innovation and including jobs that capitalise on the good increasing workforce and enterprise situations in India, permitting us to serve wants not solely in India however in surrounding nations, says Rebecca Liebert, President & CE0, Lubrizol.
Specialty chemical maker Lubrizol Corporation plans to invest more than $150 million in varied India initiatives, together with a CPVC resin plant in Gujarat and a grease lab in Navi Mumbai.
“India is among the fastest-growing global economies with a favourable climate for business investment, including regional growth in many of the industries we support,” mentioned Rebecca Liebert, President & CE0, Lubrizol.
“We are building on 50 years of success in India by adding new manufacturing, lab and R&D sites, supporting in-country innovation and adding jobs that capitalise on the great expanding workforce and business conditions in India, allowing us to serve needs not only in India but in surrounding countries,” she mentioned.
Lubrizol mentioned it’s work in India dates again to 1966 when it initiated in-region manufacturing for chemical components for the transportation and industrial markets. It’s expanded considerably since that point, it added.
