NEW DELHI: Unilever will invest €40 million in India to boost R&D in biosciences, biotechnology and AI-led product development.
Of this, €35 million will transform its Mumbai and Bengaluru centres into a next-generation innovation ecosystem. Mumbai will become a Product Innovation Centre, while Bengaluru will remain a global science and partnership hub.
A separate €5 million over five years will fund a Bio-Futures partnership with Indian institutions and start-ups, focusing on human biology, microbiome science, biotechnology and biomanufacturing.
India is among Unilever’s largest global R&D hubs, with over 800 scientists, researchers and designers across the two centres.”India is a critical global R&D centre for Unilever,” said Richard Slater, Chief R&D Officer.
