Gujarat will become export hub, new employment opportunities will be available with 2000 crores.
Procter & Gamble India will invest Rs 2,000 crore to set up a new personal healthcare manufacturing facility in Gujarat. This will be their ninth plant in India. Which will be manufacturing popular brands like Ariel, Gillette, Head and Shoulders, Oral-B, Pampers, Pantene, Tide, Vicks and Whisper. The company said in a statement that the new plant spread over an area of 50,000 square meters in Sanand will produce products that are part of P&G’s global healthcare portfolio.
According to sources, the company’s facility will be operational in the next few years and Gujarat is set to become an export hub for P&G globally as it will help P&G India serve customers across the world. Will get Apart from this, it will also help in generating employment in hundreds, which will give a boost to the local economy.
P&G India CEO LV Vaidyanathan announced a new investment during a meeting with Gujarat Chief Minister Bhupendra Patel. The facility will add to P&G’s existing manufacturing in India and is the second major investment by a multinational company in the Indian FMCG sector in the last year.
Company will use advanced technology
The new unit will use advanced technology to create better products in the digestive wellness sector and has been designed to be fully automated based on the modern concept of Business 4.0. The concept employs futuristic technology including a new vision system. Robotic devices for material movement and operator cockpit for quality checking are included to name a few.
This company had made an investment plan of 5,000 crores
The company says that the investment is being planned through an unlisted private company and it will not have any impact on any listed public company of P&G Group in India. Earlier in September, global food and drinks conglomerate Nestle SA planned to invest ₹5,000 crore in India over the next three-and-a-half years to accelerate its core business in the country and tap new growth opportunities.
