India, Feb. 18 -- German specialty chemicals company Lanxess has inaugurated its new India Application Development Center (IADC) in Thane, Mumbai. The centre is situated in India's financial capital and will support development of new solutions that can be customised for India-specific applications.

To begin with, IADC will support two business units, with plans to add one business unit every one or two years and expand it to support all business units in the future.

The announcement was made by Matthias Zachert, Chairman of Board of Management, Lanxess in Mumbai.

"The new application development center represents our commitment to delivering solutions tailored to the needs of our local customers while driving organic, innovation-led ...