New Flavours Facility Givaudan Celebrates Largest Investment in India for Years
Givaudan has laid the foundation for a new flavours manufacturing facility in Ranjangaon, Pune/India. The company is investing CHF 55 million (€ 50 million) in this new world-class flavours manufacturing facility. This is Givaudan’s largest investment in India since 1998.
Ranjangaon, Pune/India – The new site, which is expected to open in 2018, will complement Givaudan’s existing flavour manufacturing facility in Daman.
Givaudan Chief Executive Officer, Gilles Andrier said: “This major investment reflects India’s importance to Givaudan, and our overall 2020 strategy of investment in high growth markets. It shows our commitment to continue to collaborate closely with customers in Asia Pacific and provide differentiated solutions for local market needs.”
Expected to employ around 100 people, the Pune facility will boost Givaudan’s capabilities in liquids compounding, powder blending, emulsions, process flavours and spray drying in India. It also means customers from across the Indian sub-continent will benefit from faster access to Givaudan’s flavour solutions.
Commenting on the opening of the new site Monila Kothari, Commercial Head APAC, Givaudan Flavours, said: “Givaudan has a 50 year heritage of operating in India and these are exciting times for us. The doubling of our flavour production capacity is testament to our commitment to India, and will help us continue to meet the dynamic needs of the Indian market for innovative products and great taste experiences.”