Tuesday, February 5, 2008

DuPont hires 600 scientists for Hyderabad R&D facility - livemint

New Delhi: The Rs 1 trillion US-based science and technology company E.I. du Pont de Nemours and Co. has chosen Hyderabad to set up its first research centre outside the US. Talent hunt: DuPont headquarters in Wilmington, Delaware. The firm is setting up a research centre outside the US for the first time.Being set up with an investment of Rs200 crore, the centre will start its first phase of operations in April.
“India has a top quality science and technology talent. We are looking at leveraging this talent for our next level of growth,” said S.T. Tsay, regional director, Asia-Pacific, human resources, DuPont.
While the centre’s primary focus will be on research in the biotechnology sector, other research work will be focussed on biofuels, renewable energy and life sciences. The company has already signed up 100 engineers, scientists and research associates in disciplines across biotechnology, chemicals and material sciences.
“India is strategic to us in terms of human capital. The Indian education system only produces high quality engineers and scientists. And the fact that these people are fluent in English is an added advantage,” said Tsay. He is overseeing the hiring activity for the knowledge centre.
DuPont has more than 5,000 scientists working for it in different locations across the world. The Indian team will work closely with them. A number of new hires have been sent to the Central Research and Development Center in the US for initial training, said Pallavi Tyagi, general manager, human resources, E.I. DuPont India.
The company is hiring both experienced professionals and fresh graduates from institutes such as the Indian Institutes of Technology, Indian Institute of Science, regional engineering and government engineering colleges. It plans to ramp up the staff strength to over 600 in the next three years.
The company registered a compound annual growth rate of 25% in the past five years and its revenues stood at Rs1,620 crore in 2006

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