CBC India is one of the few offices of CBC group that has a presence in a number of different fields and continues to add new business areas. CBC India was incorporated in 2008 and today has businesses in the fields of pharmaceuticals, agrochemicals, chemical materials including specialty chemicals, security cameras and lenses. CBC India also has a dedicated New Business Development division which is responsible for carrying out market research and identifying new opportunities in various fields including investments. This is in line with our global philosophy of Innovation - Enter a Different World.
While the global pharma business continues to be a key driver, CBC has made investments in the fields of Pharmaceuticals, Agrochemicals, Natural extracts/Nutraceuticals, Logistics, Specialty Chemicals and Medical Devices in India. Besides these, there are several areas which have been identified as New Business Initiatives for CBC India, the key ones being Infrastructure, Nursing care and Innovative Products from Japan to India with a focus on medical devices. We continue to look for opportunities in and from India.
In the last few years, CBC India has localized its operations in line with the thinking of CBC Japan. Local Indian people have been integrated into the company as part of these localization efforts. Today, CBC India hires fresh professionals from top universities and experienced professionals from top companies. Japanese staff comes to India for training and Indian staff is sent to Japan for the same. India as a country has been growing rapidly and CBC wants to play a role in the Indian growth story. The areas of focus for CBC in India have been clearly identified based on the strengths of Indian manufacturing, scientific research talent, the rising middle class, increasing disposable incomes, the increasing focus on health and the need for good quality products.