Aug 22, 2024, 1:51 PM
Aug 22, 2024, 1:51 PM

Dabur India to Establish Rs 400-Crore Manufacturing Plant in Tamil Nadu

Highlights
  • Dabur India to set up a ₹400 crore manufacturing plant in Tamil Nadu's Villupuram district.
  • The investment marks Dabur's first manufacturing plant in South India.
  • State Industries Minister TRB Rajaa announced the Memorandum of Understanding signed with Dabur.
Story

Dabur India, a prominent player in the fast-moving consumer goods (FMCG) sector, announced its plans to set up a manufacturing plant in Villupuram district, Tamil Nadu, with an investment of Rs 400 crore. This marks the company's first venture into South India. The announcement was made following the signing of a Memorandum of Understanding (MoU) with the Tamil Nadu government, which outlines an initial investment of Rs 135 crore, with plans to scale up over five years. The new facility, located in the SIPCOT Tindivanam area, aims to enhance Dabur's business operations in South India, which currently contributes approximately 18-20% to its domestic revenue. The MoU was signed by Dabur India CEO Mohit Malhotra and the Managing Director of Guidance Tamil Nadu, Vishnu, in the presence of Chief Minister M K Stalin and other state officials. State Industries Minister TRB Rajaa welcomed Dabur to Tamil Nadu, highlighting the investment's potential to create over 250 jobs and provide new opportunities for local farmers in the Delta region to supply agro-produce for processing at the plant. Rajaa emphasized that Dabur's choice of Tamil Nadu reflects the state's robust industrial ecosystem and skilled labor availability. Malhotra expressed optimism about the investment, stating it would enable Dabur to meet the growing demand for its products in South India while contributing to the region's economic development through job creation and collaboration with local suppliers. The facility will manufacture a variety of products, including Ayurvedic healthcare items and personal care goods.

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