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| 3M to enhance its R&D capabilities in India | 10-JUL-09 |
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| 3M India, the subsidiary of $25.3 billion diversified technology focussed 3M Corporation, is expanding the company’s R&D capabilities in India with an aim of meeting the growing local needs. The company which reported a revenue of Rs 742 crore for the year ended December 31, 2008 with an YoY growth of 22 per cent, is spending Rs 60 to Rs 70 crore to set up one more R&D centre in Bangalore. |
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