Updated on 17 May 2012
Mr Lucier: We see growth in R&D and have a global R&D center in Bangalore. All our antibody development and antibody research are being done here for all Life Technologies organizations.
We are also looking at setting up a manufacturing facility in Bangalore. It is in planning stage. We are looking at developing products in India, for India and manufactured in India. Hopefully, it will be in place before the end of this year.
In India, we will be hiring close to 100 professionals this year. As we make more decisions, we will hire more. These will be for research, training, sales functions and business development.
What kind of growth rate will you expect from the Asia Pacific region?
Mr Lucier: The fastest growing region for the company is Asia Pacific and within that definitely India is the fastest growing market of all.