TETRA PAK PLANS MAJOR EXPANSION IN INDIA
February 2nd, 2011
BY RAGHAVENDRA VERMA
Packaging giant Tetra Pak is investing USD130 million in India to set up a second facility at Chakan, near Pune, western India, to manufacture carton packaging for dairy beverages and fruit-based drinks in south Asia and the Middle East. Construction has begun, with the aim of starting operations by December 2012: the plant would have an initial annual production capacity of 8.5 billion packages, with potential to expand to 16 billion. The company expects demand for dairy (and fruit) beverages in India, Bangladesh and Sri Lanka to increase ...
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