Schedule a Call Back
Dabur to invest Rs 4 billion in TN for new plant; Over 250 jobs expected
Industry News- Aug 26,24
Dabur, renowned for its diverse product range including Real fruit juices, Meswak and Babool toothpastes, and Vatika hair oils, was founded in 1884.
Dabur, a leading FMCG company in India, has announced a Rs 4 billion investment in Tamil Nadu to set up a manufacturing plant in Villupuram district. The company formalised this commitment through a memorandum of understanding (MoU) with the Tamil Nadu government.
Tamil Nadu’s Industries Minister, Dr TRB Rajaa, confirmed the development on social media, highlighting that this will be Dabur’s first manufacturing facility in South India. The plant, located at the SIPCOT Food Park in Tindivanam, is expected to generate over 250 jobs and offer new opportunities for local farmers to supply agro-produce for processing.
Rajaa expressed enthusiasm about the project, noting that it underscores Tamil Nadu’s robust industrial ecosystem and skilled labour force. He also mentioned that this investment aligns with the state’s strategic goal of enhancing food processing industries in the Delta region, where both he and Chief Minister MK Stalin have strong ties.
Dabur, renowned for its diverse product range including Real fruit juices, Meswak and Babool toothpastes, and Vatika hair oils, was founded in 1884. The company’s shares were up by 1.53% at Rs 644.20, reflecting a year-to-date increase of 15.52%.
(business today)
Related Stories
Aerospace Defence
Garuda Aerospace expands defence drone capabilities with new Chennai facility
Garuda Aerospace inaugurated its Defence Drone Facility in Chennai, unveiling advanced UAVs, training initiatives, and a new Defence Park to strengthen India’s defence and social impact efforts
Read moreAuto & Auto Components
VinFast Launches EV Assembly Plant in India, Boosting Auto Manufacturing
VinFast opens its first EV plant outside Vietnam in Tamil Nadu, aiming to scale production, create jobs, and support India's emergence as a green mobility and manufacturing hub.
Read morePolicy Regulation
Can Academia-Industry Ties Power India’s Manufacturing?
India's industrial sector has exhibited tremendous resilience and appetite for growth. However, the academia-industry collaboration will be crucial for India to become a worldwide manufacturing powe..
Read moreRelated Products
Programmable Controllers - Pcd-33a Series
CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS
Pro-Med Instruments (P) Ltd offers a wide range of programmable controllers - PCD-33A Series.
Gasket Graphite Powder
CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS
Arihant Packing & Gasket Company offers a wide range of gasket graphite powder.
Asahi Kasei expands 3D printing filament sales in North America
CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS
Asahi Kasei, a leading resin and compounding technology provider, has initiated the sales of 3D printing (3DP) filaments in North America through Asahi Kasei Plastics North America (APNA). The soft la Read more
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
