Dabur to set up first plant in South India, to invest Rs 400 crore in Tamil Nadu

Dabur to set up first plant in South India, to invest Rs 400 crore in Tamil Nadu

According to a report, Home-grown FMCG major Dabur India said it will set up a Rs 400-crore manufacturing plant in Tamil Nadu’s Villupuram district, marking the company’s maiden foray into the South.

State Industries Minister Dr. TRB Rajaa said Dabur has signed a Memorandum of Understanding (MoU) with the state government to this effect on Thursday.

The MoU outlines an approved Phase 1 investment of Rs 135 crore, scaling up to Rs 400 crore over five years, Dabur India said in a statement.

The new plant set up in SIPCOT Tindivanam at Viluppuram district of Tamil Nadu would help Dabur to scale up its business from South India further, which currently accounts for around 18-20 percent of its domestic business.

Dabur India Limited

#FirstLease #FL #DaburIndia #TamilNadu #FMCG #Investment #Villupuram #SouthIndia #MoU #DaburExpansion#Manufacturingplant #RetailNews

Read more

https://www.indiaretailing.com/2024/08/22/dabur-to-set-up-first-plant-in-south-india-to-invest-rs-400-crore-in-tamil-nadu/

Priya Sharma

Sr Manager - Business Development

7 个月

good

回复
Manish Sharma

Real Estate || Manager - Partnerships & Growth

7 个月

Informative !

回复
Sunil Kumar

Senior Manager-Business Development at FirstLease India Pvt. Ltd. | Consultancy Services- Real Estate & Investment Advisory.

7 个月

Great insights

回复
Gundeep Singh

Winner Mr.India North 2022 Actor, Model, Biker & Fitness Enthusiast - Manager Partnerships & Growth

7 个月

informative...

回复

要查看或添加评论,请登录

FirstLease India Private Limited的更多文章

社区洞察

其他会员也浏览了