|
|
|
You can get e-magazine links on WhatsApp. Click here
|
|
|
|
|
|
Mane strengthens India operations with €23 million fresh investments
|
|
Tuesday, 29 November, 2022, 08 : 00 AM [IST]
|
|
Our Bureau, Mumbai
|
The future of innovations in FMCG segment is burgeoning in India. So to cater as well as add value to the growing needs of this flourishing segment, Mane Group, a global leader in fragrance and flavours manufacturing from France, has announced an investment of €23million (more than Rs 190 crore) in the two new facilities that comprises of its second and the largest manufacturing unit for fragrance & flavours in Gujarat, and the advanced Innovation Centre exclusively for flavours in Hyderabad. Both the facilities were inaugurated by the company’s global chairman Jean Mane along with Bernard Leynaud, director, Asia Pacific, Mane Group, and Sumit Dasgupta, MD, Mane India Pvt. Ltd.
With its first manufacturing facility in Hyderabad and an employee size of 250, Mane India, the fully-owned subsidiary of Mane Group, has been operational in India since 2003. The company has invested €20 million to commence 20,500 sq ft manufacturing unit in Dahej, Gujarat, that will cater to India and APAC regions. The initial production capacity of the plant is 2,000 tonne for flavour and 3,000 tonne for fragrance; with sufficient scope to expand as the market grows in the future. With an investment of €3 million, the most advanced Innovation Centre in Hyderabad, spread across 13,901 sq ft, comprises an in-house Kitchen (Culinary) & Chef who specially takes care of culinary food applications.
Commenting on these two milestone initiatives, Mane said,“As a leading fragrance and flavours company in the world, we continuously look ahead to address the ever-growing demand for those innovations in the FMCG that have demonstrated product superiority. Mane India, together with India, aspires to become the world’s leading fragrance and flavours manufacturer by powering the FMCG innovations in APAC region. Mane will position itself as a critical player in enhancing FMCG value chain in the region as we provide solutions to our customers through our collective, unique technical skills and mass producing capabilities.
|
|
|
|
|
|
|
|
|
|