Skip to content
Search

Latest Stories

Mondelez Launches Global Technical Centre In India With £11.53 Million Investment

Mondelēz International inaugurated its newest global technical centre at Thane in India’s Maharashtra state.

The India technical centre has been set up with an investment of $15 million (£11.53m) and will support new products and technologies for the company’s global brands in chocolate and beverages.


The technical centre will also focus on improving consumer science, packaging and productivity. This is part of the company’s strategy to invest $65m in developing a global network of state-of-the-art technical hubs strategically positioned around the world, supporting a growth-oriented innovation agenda.

“Our mission at Mondelez International is simple to offer consumers the right snack, for the right moment, made the right way. And our global Technical Center network is crucial to support this,” said Maurizio Brusadelli, EVP and president AMEA (Asia Pacific, Middle East and Africa).

“Our AMEA region hosts three global technical centres, the other two being in China and Singapore, demonstrating that our dynamic markets are at the heart of the company’s growth strategy. Our investment in the Thane Technical Center further emphasises the importance of India to our global business”, he added.

“With these Technical Centres, we’re focusing our investment in research, equipment and capabilities, driving innovation to accelerate our growth,” said Rob Hargrove, executive vice president, Research, Development and Quality.

“Our RDQ hubs will improve speed, efficiency and effectiveness, while increased scale will enable us to address evolving consumer needs more quickly. We are delighted that one of our global technical centres is based in India, which has one of the best technical and scientific capabilities in the world”, he pointed out.

Spread across an area of 12,000 square meters, the Thane Technical Center will be equipped with multiple technical capabilities, such as a pilot plant, a packaging creative studio and a range of laboratories for technical research and development.

The team of around 150 scientists, developers, engineers, analytical chemists and other specialists will closely collaborate on innovations across the globe. The site is also water neutral and a zero-discharge facility with a large part of the energy coming from solar panels.

The India hub joins nine other Mondelēz International Technical Centers that are already in operation around the world, including East Hanover, New Jersey, in the United States, Curitiba in Brazil, Bournville and Reading, both in the UK, Wroclaw in Poland, Singapore and Suzhou in China, Saclay in France, and Munich in Germany.

More For You

Kolhapuri sandal sales surge in India post Prada controversy

Customers shop for 'Kolhapuri' sandals, an Indian ethnic footwear, at a store in New Delhi, India, June 27, 2025. REUTERS/Adnan Abidi

Kolhapuri sandal sales surge in India post Prada controversy

INDIAN footwear sellers and artisans are tapping into nationalist pride stoked by the Prada 'sandal scandal' in a bid to boost sales of ethnic slippers with history dating back to the 12th century, raising hopes of reviving a struggling craft.

Sales are surging over the past week for the 'Kolhapuri' sandals that have garnered global attention after Prada sparked a controversy by showcasing similar designs in Milan, without initially crediting the footwear's origins.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy grew 0.7 per cent in Q1 2025, fastest in a year

THE UK economy expanded at its fastest pace in a year during the first quarter of 2025, driven by a rise in home purchases ahead of a tax deadline and higher manufacturing output before the introduction of new US import tariffs.

Gross domestic product rose by 0.7 per cent in the January-to-March period, the Office for National Statistics (ONS) said, confirming its earlier estimate. This was the strongest quarterly growth since the first quarter of 2024.

Keep ReadingShow less
Rosneft in early talks to sell India refinery stake to Reliance

Reliance Industries chairman Mukesh Ambani (Photo: Getty Images)

Rosneft in early talks to sell India refinery stake to Reliance

RUSSIAN oil major PJSC Rosneft Oil Company is in early discussions with Reliance Industries to sell its 49.13 per cent stake in Nayara Energy, an Indian energy company that operates a 20-million-tonnes-per-year oil refinery and 6,750 petrol pumps, sources familiar with the matter said.

The deal, if finalised, would see Reliance overtake state-owned Indian Oil Corporation (IOC) to become India’s largest oil refiner. It would also provide Reliance with a significant expansion in fuel retailing, where it currently holds a relatively small presence.

Keep ReadingShow less
modi-trump-getty
Trump shakes hands with Modi during a joint press conference at Hyderabad House in New Delhi on February 25, 2020. (Photo: Getty Images)
Getty Images

Key issues in India, US trade talks

TRADE talks between India and the US have hit a roadblock over disagreements on duties for auto components, steel and farm goods, Indian government sources said to Reuters, dashing hopes of reaching an interim deal ahead of president Donald Trump's July 9 deadline to impose reciprocal tariffs.

Here are the key issues at play:

Keep ReadingShow less
Anil Agarwal

Vedanta Resources, which is based in the UK and owned by Indian billionaire Anil Agarwal, has been working on reducing its debt. (Photo credit: Getty Images)

Getty Images

Anil Agarwal’s Vedanta Resources signs £438 million refinancing deal

VEDANTA LTD said on Thursday that its parent company, Vedanta Resources, has signed a loan facility agreement worth up to £438 million with international banks to refinance existing debt.

The refinancing move, where old loans are replaced by new ones, often at better terms like lower interest rates, has led ratings agencies such as S&P Global Ratings and Moody's to upgrade their outlook on the company this year.

Keep ReadingShow less