Dabur signs MoU with Govt. of Tamil Nadu
To Set up State of the Art Manufacturing Facility
Ayurveda & Natural Products FMCG, Dabur India Limited, signed a facilitation Memorandum of Understanding (MoU) with the Government of Tamil Nadu to set up a new consumer goods manufacturing facility in SIPCOT Tindivanam, Tamil Nadu, which would be Dabur’s first such unit in South India.
The MoU outlined some important key points
The approval of Phase-1 investment of Rs 135 crores, scaling up to Rs 400 crores over a period of 5 years.
This is expected to create thousands of indirect job opportunities to be generated while also employing around 250 people directly.
The MoU, signed between the Guidance Tamil Nadu’s Managing Director, Mr. Vishnu IAS, and Dabur India Limited’s Chief Executive Officer Mr. Mohit Malhotra, was formally done at the Secretariat in Chennai on 22nd August, 2024 under the presence of the Hon’ble Chief Minister of Tamil Nadu – Shri. M.K. Stalin among others.
Dabur India Limited’s CEO, Mr. Mohit Malhotra said: “We are grateful to the Government of Tamil Nadu, particularly the Department of Industries led by Hon’ble Minister Dr TRB Rajaa for his personal and proactive support and guidance, teams in Guidance Tamil Nadu, and SIPCOT, for their wholehearted support in facilitating this project. This investment will allow us to better serve the growing demand for our products in South India and strengthen our market presence in the region. We look forward to contributing to Tamil Nadu’s economic development by creating jobs and working closely with local vendors and supplier partners.”
The strategic location of the new unit, he added, will contribute to Dabur’s ability in meeting business and logistical requirements more efficiently, thereby offering significant advantage and growth opportunities.
“We’ve chosen to set up a manufacturing unit in Tamil Nadu as part of our strategy to be closer to our consumers, while staying true to what matters most to us – providing high quality natural and healthy products to our customers. Our new facility at SIPCOT will be equipped with the latest technology, allowing us to maintain the highest standards of quality and operational efficiency in everything we produce. This will also enhance our sourcing of agricultural produce from local farmers in Tamil Nadu,” Dabur India Limited’s Global Head of Operations Mr. Rahul Awasthi said.
The new facility will be designed with a focus on energy conservation in both its construction and operations. Emphasizing environmental responsibility, Dabur plans to construct an energy-efficient building while deploying the latest technology for effluent treatment. In addition, Dabur will extend its Corporate Social Responsibility (CSR) programmes to the local community, reinforcing its commitment to supporting and developing communities around the areas where we operate.