ON WEDNESDAY, home-grown FMCG company, Dabur India, announced that it would be setting up a new plant in Madhya Pradesh to manufacture food products, ayurvedic medicines, and health supplements.
The unit will be established with an investment of ₹550 crores, the FMCG company said. The facility will be spread over 51 acres of land and will become one of the most extensive manufacturing facilities for Dabur worldwide, the company added.
The new facility will integrate energy saving in its design and management as part of Dabur’s strong commitment to “Green Company” principles. The firm plans to develop an energy-efficient structure while focusing on the environment.
“Dabur will also extend its Corporate Social Responsibility (CSR) programmes to the local community as part of its commitment to community development in areas where it operates,” it said.
Dabur India Limited Chief Executive Officer Mohit Malhotra said,
“This new facility will provide us with 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.
The new factory is a step forward towards strengthening our position as the world’s most significant Ayurvedic products and medicines manufacturer and a market leader in the Indian Foods and Beverages category.”
“This significant investment reflects Dabur’s confidence in the future of Ayurveda and our strong commitment to Madhya Pradesh as a strategic manufacturing hub,” Dabur India Ltd Executive Director-Operations Shahrukh A Khan said.
The corporation also stated that the demand for Ayurvedic products had increased rapidly after the COVID epidemic.