German specialty chemicals company Lanxess has inaugurated the India Application Development Center (IADC) in Thane, Mumbai. The new centre will enable the company to strengthen its innovation and improve its service to the Indian market. The centre is part of Lanxess’ strategic focus on further developing India as a growth market and innovation hub. The establishment of the centre is in line with Lanxess’ strategic transformation towards less cyclical business areas. The company employs around 800 people and operates two production sites: in Jhagadia, Gujarat, Rhein Chemie products, technologies for liquid purity and material protection products are manufactured.