Unilever to Invest €40 Million in India R&D
Unilever plans to put €40 million into research and development in India, focused on bio-futures innovation. Company officials said India is a critical global R&D centre for the firm. They described the country as a rising global innovation hub with a big opportunity.
Context
Context: Unilever makes brands like Surf Excel, Lipton and Dove, and global firms often set up R&D in India to use its scientists and lower costs. Bio-futures refers to products made with biological processes, such as plant-based or fermentation-based ingredients.