Ester Industries Limited (EIL) (BSE: 500136, NSE: ESTER, ISIN - INE778B01029) an ISO 9001:2008,ISO 22000:2005,TS16949:2002 India’s leading manufacturer of Polyester Films, Engineering Plastics and Specialty Polymers, has announced that the Company in its quest to become a major technology based player in the field of special polymers plans to invest Rs 50 cr to set up a world class R & D and Innovation complex at Gurgaon. In addition, a patent application has also been filed under PCT (Patent Cooperation Treaty) for Master Batch to produce Specialty Polyester yarn taking the total product patents in the Specialty Polymer business to 9.Speaking on the development, Mr Arvind Singhania, Chairman, Ester Industries said, “The optimism for our Specialty Polymer business is driven by a strong confidence in our technology and R&D capabilities. Our team has already developed some exciting products that we believe have tremendous potential in various applications. The setting up of this R&D Centre will enable us further enhance and expand our capabilities to innovate with further breakthrough products.”