Dabur India has begun construction of its largest manufacturing facility near Indore in the Indian state of Madhya Pradesh.
Being built with an investment of Rs5.5bn ($74m), the new facility will manufacture a range of the company’s food products, ayurvedic medicines, and health supplements.
In a regulatory filing, Dabur said that the Phase I construction of this new facility is slated for completion by the end of 2021-22 financial year.
Situated in the SMART Industrial Park near Indore, this facility will offer direct as well as indirect employment to initially about 1,250 people and more than 3,000 people at the end of the final phase.
Dabur India Limited CEO Mohit Malhotra was quoted by PTI as saying: “This project is the largest single investment by Dabur in the state of Madhya Pradesh and is a clear commitment on our part towards promoting the traditional science of Ayurveda.
“This new facility will provide us the space needed to rapidly expand our production capacity to not only satisfy the growing demand for Ayurvedic products and medicines but also develop and launch innovative food products for the future.”
With the new facility, the firm plans to bolster its position in the Indian foods and beverages category and as a producer of ayurvedic products and medicines.
Image: The new facility will manufacture a range of the company’s food products, ayurvedic medicines, and health supplements. Credit: Hands off my tags! Michael Gaida from Pixabay