CHENNAI:
Dabur, one of India's leading FMCG giants, will be investing Rs 400 crore to set up world-class manufacturing plant, their first ever in South India, at the Sipcot Food Park in Tindivanam, Villupuram district.
The memorandum of understanding was signed in the presence of Chief Minister M K Stalin by Guidance Tamil Nadu represented by its Managing Director Vishnu and Dabur India CEO Mohit Malhotra on Thursday. The facility will generate 250 plus jobs.
Industries Minister TRB Rajaa and Chief Secretary N Muruganandam were also present on the occasion.
Rajaa tweeted in 'X' (earlier Twitter) that the plant will open up new opportunities for farmers in the nearby delta region to sell agro produce to be processed in this facility.
Rajaa tweeted in 'X' (earlier Twitter) that the plant will open up new opportunities for farmers in the nearby delta region to sell agro produce to be processed in this facility.
The
minister said that Dabur's decision to choose Tamil Nadu is a testament
to the state's thriving industrial ecosystem and availability of a
work-ready labour force.
This comes after Dabur India's board in January had approved an investment of Rs 135 crore for setting up a new facility in South India, which will manufacture a range of its Ayurvedic Healthcare, Personal care and Home Care products like Dabur Honey, Dabur Red Paste and Odonil air fresheners.
"This investment will allow us to better serve the growing demand for our products in South India and strengthen our market presence in the region. We look forward to contributing to Tamil Nadu's economic development by creating jobs and working closely with local vendors and supplier partners," Dabur India Chief Executive Officer Mohit Malhotra said in a statement.
The new facility will be designed with a focus on energy conservation in both its construction and operations, the statement from Dabur said.
Dabur India is one of India's leading FMCG Companies and its portfolio includes Power Brands such as Dabur Chyawanprash, Dabur Honey, Dabur Honitus, Dabur Pudin Hara and Dabur Lal Tail.
This comes after Dabur India's board in January had approved an investment of Rs 135 crore for setting up a new facility in South India, which will manufacture a range of its Ayurvedic Healthcare, Personal care and Home Care products like Dabur Honey, Dabur Red Paste and Odonil air fresheners.
"This investment will allow us to better serve the growing demand for our products in South India and strengthen our market presence in the region. We look forward to contributing to Tamil Nadu's economic development by creating jobs and working closely with local vendors and supplier partners," Dabur India Chief Executive Officer Mohit Malhotra said in a statement.
The new facility will be designed with a focus on energy conservation in both its construction and operations, the statement from Dabur said.
Dabur India is one of India's leading FMCG Companies and its portfolio includes Power Brands such as Dabur Chyawanprash, Dabur Honey, Dabur Honitus, Dabur Pudin Hara and Dabur Lal Tail.
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