As part of our commitment in India, we are developing a Global Capability Center (GCC) in Pune, Maharashtra. This regional hub will add to our capabilities to support regional growth and allow closer collaboration among employees in the region. We expect to add 150-200 new employees in the next year to this location. The GCC will enable both local-for-local and local-for-global functional resources to ensure necessary in-region and global support. The GCC is expected to be operational in second week of April 2024.
India's population is booming. Residential, commercial, and industrial construction is growing. Lubrizol will be there to create access to clean drinking water, protect lives and property, and meet the needs of industrial applications with our CPVC piping systems. As the inventor and largest producer of CPVC compounds, Lubrizol's piping systems will deliver reliable, enduring installations for India's infrastructure and residential growth.
India’s vibrant middle class is seeking better and more sustainable personal and home cleaning products. Lubrizol is leveraging our knowledge of the market to meet those needs. As families in India seek detergent bars for laundry and dishes, we’ve helped reduce deforestation by replacing palm oil derivatives and improved the structural integrity of these bars to ensure they last longer and reduce waste.