Telangana continues to attract investments in London. Croda International Plc, a leading speciality chemicals manufacturer, announced the establishment of a state-of-the-art Global Technical Centre (GTC) in Genome Valley, Hyderabad.
The announcement was made after a meeting between Industries Minister KT Rama Rao with Daniele Piergentili, President – Life Sciences, Croda Plc in London.
Established in 1925, Croda is the name behind sustainable, high-performance ingredients and technologies in some of the world’s most successful brands related to personal care, home care, pharma, crop care, Industrial specialties including coatings and textiles.
The Global Technical Centre is a significant step towards establishing Croda’s presence in Telangana, a critical hub supporting India’s position as the ‘Pharmacy of the World’.
Principal Secretary of IT and Industries Departments, Jayesh Ranjan, Special Secretary, Investment Promotion & NRI Affairs, E Vishnu Vardhan Reddy, were present at the meeting.