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The innovation machine

3M India's scorching growth is supported by a strong R&D which develops products for the local market

Debarati Sen
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Star MNC, 3M India, Debarati Sen, MD | Photo: Kamlesh Pednekar

Bibhu Ranjan Mishra
From a modest beginning 30 years ago when it set up a small office in a basement on Museum Road in Bengaluru’s Central Business District, 3M India has come a long way with revenue of nearly Rs 25 billion in FY17 with some 1,500 employees working at two innovation centres, four manufacturing facilities and six branch offices.
 
3M India, the Indian arm of the US-headquartered 3M, which was founded in 1902 with a focus on mining, has achieved all this largely for two reasons — a customer-centric approach to doing business and an unwavering focus on R&D, which also