
MoU22 Aug 2024, 05:16 pm
Dabur India to Invest Rs 135 Crore in New Manufacturing Facility in Tamil Nadu
AI Summary
Dabur India Limited, a leading Ayurvedic and Natural FMCG company, has signed an MoU with the Government of Tamil Nadu to set up a new consumer goods manufacturing facility in the state. The initial investment will be Rs 135 crores, scaling up to Rs 400 crores over a period of 5 years. This is expected to generate direct employment for around 250 people and create thousands of indirect job opportunities. The facility will be set up in SIPCOT Tindivanam, Tamil Nadu, and will be equipped with the latest technology to maintain high standards of quality and operational efficiency.
Key Highlights
- Dabur India to invest Rs 135 crore in a new manufacturing facility in Tamil Nadu
- The investment is expected to generate direct employment for 250 people and indirect jobs for thousands
- The facility will be set up in SIPCOT Tindivanam, Tamil Nadu
- The new unit will enhance Dabur's ability to meet business and logistical requirements more efficiently
- The facility will be equipped with the latest technology and maintain high standards of quality and operational efficiency