As the Purnendu Chatterjee-led consortium starts taking over Basell Polyolefins, the multinational polymer giant is spreading its wings in India. |
The company has started hiring technical manpower in India from first week of May to strengthen its Indian operations. |
Basell, the joint venture between BASF and Royal Dutch Shell, operates in India from its office at Nariman Point in Mumbai. |
The company has already issued advertisements in select English newspapers in Mumbai for hiring experienced technical people in polymer fields for its marketing and technical team in India. |
Sources in the industry said the company was looking to increase its strength in India by almost 50 per cent in next 2-3 months. |
Basell currently has a manpower of around 10 for its marketing and technical operations in India. |
Globally, Basell has an employee strength of around 6,600. |
"It is likely to hire 4-5 people for its Indian operations shortly. The company will hire people in the field of packaging, film and industrial applications," said sources. |
The existing technical and marketing team of Basell in India is headed by M S Dodi, a former Nocil and Reliance man who joined Basell around two years back from Reliance. |
Basell mainly sales polypropylene and polyethylene in western markets. |
"Polypropylene is the main commodity sold by Basell in India so far, which is also its core strength. There is a huge opportunity for polypropylene in western India as there are many plastic units," said sources. |
Basell sells around 2,500 ton of polypropylene and around 1,200-1,500 tonne of polyethylene in the country, according to plastic industry sources. |
"The company is probably hiring technical people for future expansion of Indian operation in other region too," added sources. |