Site icon Snackfax

Dabur announces INR 135 Crore investment for new greenfield facility in South India

Dabur

Dabur

Consumer goods manufacturer Dabur announced on Wednesday its plans to establish a new manufacturing unit in south India, with a slated investment of INR 135 crore for the project. This facility is set to produce a variety of Dabur’s Ayurvedic Healthcare, personal care, and home care products, encompassing popular items like Dabur Honey, Dabur Red Paste, and Odonil air fresheners, according to a statement from Dabur India.

In a meeting held on Wednesday, the board of the indigenous FMCG and Ayurvedic products manufacturer sanctioned an investment of INR 135 crore for the establishment of a greenfield facility in southern India, as per the company’s statement.

“Our business has scaled up in south India and today accounts for 18-20 per cent of Dabur’s domestic business. With south India’s contribution increasing, we have decided to establish a new manufacturing facility there to better cater to the local demand,” Dabur India CEO Mohit Malhotra said.

This marks the company’s 14th domestic manufacturing site, adding to its portfolio of brands including Dabur Amla, Dabur Vatika, and the juice brand Real.

“This is not only an opportunity to bring more jobs to the region, but also allows us to further expand our manufacturing capabilities and meet the growing need for Dabur products in south India,” he added.

Continue Exploring: Dabur India’s Q3 profit rises 6.2% to INR 506.44 Cr, records 7% revenue growth at INR 3,255.06 Cr

Exit mobile version