“With this next step in optimizing BASF’s service organization, we are securing digital services at competitive conditions,” said Dr. Dirk Elvermann, Chief Financial Officer and Chief Digital Officer of BASF SE. “Hyderabad offers all the prerequisites for a state-of-the-art digital hub with a global focus. Seamless collaboration between this new digital hub in India and our existing global digital hubs and outstanding service delivery to our businesses is a top priority.”
Another building block to reduce complexity and costs is to standardize the digital portfolio more and focus on topics that create the most value for BASF’s core businesses. This development will be accompanied by structural changes. Overall, BASF’s Global Digital Services division is pursuing the goal of significantly reducing its global workforce by 2030. This also affects jobs in Ludwigshafen. There are also plans to reduce the number of sites where Global Digital Services employees work. All measures will be implemented in a socially responsible manner and in compliance with existing co-determination rights.
Preparations are underway for the opening of the Digital Hub in Hyderabad. The recruitment and operation of the new Indian company “BASF Digital Solutions Private Limited” will start immediately. “I am delighted that we are able to put the hub into operation so quickly and ramp it up sustainably,” said Dietrich Spandau, President Global Digital Services. “Our goal is to create an attractive workplace for high-performing global teams where the BASF Winning Culture is lived.”
“The Digital Hub in Hyderabad will be part of BASF’s long-standing and successful presence in India, consisting of production and research & development activities in the country. It will help BASF to work faster and more efficiently and focus on what creates the most value,” said Alexander Gerding, Head of BASF Group Companies in India.
About BASF
BASF stands for chemistry for a sustainable future. Our claim: We want to be the preferred chemical company to enable the green transformation of our customers. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in almost every industry and in almost every country in the world. Our portfolio comprises the Core Businesses Chemicals, Materials, Industrial Solutions and Nutrition & Care; the Standalone Businesses are bundled in the Surface Technologies and Agricultural Solutions segments. BASF achieved global sales of €65.3 billion in 2024. BASF shares are traded on the Frankfurt Stock Exchange (BAS) and as American Depositary Receipts (BASFY) in the USA.
About BASF in India
BASF has been accompanying the country’s progress for more than 130 years. BASF employs 2,411 people in India (end of 2024) and operates 8 production sites and 42 offices across the country. The Innovation Campus Mumbai is part of BASF’s global technology platform. In 2024, BASF generated sales of around 2.4 billion euros in India.
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Further links
👉 www.basf.com
Photo: BASF
