Petrochemical products maker ExxonMobil Chemicals today said it will increase its workforce in research and development (R&D) area by up to 30 per cent per annum in the next few years in the country.
"We are going to increase the strength of our R&D team in India by up to 30 per cent per annum for the next few years," ExxonMobil Company India private India Private CEO Narindra Bachlaus told reporters here today.
The company has a research and development centre located in Bangalore and it also has a sizable operations in India.
Going forward, we are also looking at increase our association with India by catering the requirement of Indian market, he added.
The company however, declined to comment on questions related to its investments, targets and market share from its Indian operations.