22-Aug-2024 04:39 PM
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Chennai, Aug 22 (Reporter) FMCG firm Dabur India Limited on Thursday signed a
Memorandum of Understanding (MoU) with the Tamil Nadu government for
setting up a new consumer goods manufacturing facility in the State involving
an investment of Rs 400 crore and offering jobs to 250 people.
The company would set up its world class manufacturing facility at SIPCOT
Food Park in Tindivanam in Villupuram district of the State, an official release
said.
The MoU was signed in the presence of Chief Minister M K Stalin, Industries
Minister T R B Raaja and other government and Dabur company officials,
including its CEO Mohit Malhotra, at the State Secretariat.
It said the State government has been taking various steps and was attracting
investments from capital intensive high-tech industries and employment intensive
industries to achieve the goal of making Tamil Nadu a USD One Trillion economy
by 2030.
In line with this, Dabur, which was involved in manufacture of home care,
personal care, juice products, will be setting up its first unit in South India
and the first in Tamil Nadu.
Tamil Nadu Industries Minister T.R.B. Rajaa in a post on X said “Welcome to
Tamil Nadu, @DaburIndia ! In fact, welcome to South India! In the presence
of Chief Minister M.K. Stalin today signed an MoU with Dabur for the
establishment of a world-class manufacturing plant, their first in South India,
at the SIPCOT Food Park in #Tindivanam, Villupuram district."
"Dabur will invest Rs 400 crore in this facility which will create 250+ jobs. More
importantly, it will open up new opportunities for farmers in the nearby delta
region to sell agroproduce to be processed in this facility”, he said.
“Our Chief Minister, hailing from the delta and myself being an MLA from the
region too, it gives me immense pleasure to bring the right kind of food
processing industrial linkages to the Delta region", Mr Raaja wrote...////...