Dabur India, a leading FMCG (Fast-Moving Consumer Goods) company in India, has announced plans to invest Rs 550 crores in Madhya Pradesh to expand its production capacity. The company has signed a memorandum of understanding (MoU) with the state government to set up a new manufacturing facility in the region.
According to the MoU, Dabur India will establish a new facility in the Indore district of Madhya Pradesh, which is expected to create over 1,200 jobs in the region. The facility will be used to manufacture a range of products, including food, beverage, and household care items.
The investment is part of Dabur India’s overall strategy to increase its production capacity and meet growing demand for its products. The company has been expanding its operations across India, and this new facility in Madhya Pradesh is expected to be one of the largest manufacturing units in the region.
The state government has been actively promoting investments in the region, and the signing of the MoU is seen as a major boost to the state’s economy. The investment is expected to generate significant employment opportunities in the region, and also contribute to the state’s GDP.
Dabur India is one of India’s most well-known and respected FMCG companies, with a diverse portfolio of brands including Dabur Honey, Vatika, and Hommade. The company has been in operation for over 135 years and has a strong presence in India and globally.
The investment in Madhya Pradesh is expected to be completed in the next three years, and the facility is expected to be fully operational by that time. The facility will be equipped with state-of-the-art infrastructure and technology, and will have a total production capacity of over 5,000 metric tons per month.
Overall, the investment by Dabur India in Madhya Pradesh is a significant development for the state’s economy, and is expected to bring in major benefits for the state and its residents.