Givaudan, Switzerland-based manufacturer of flavors, fragrances, and active cosmetic ingredients, inaugurated a 430,000 square feet facility near Pune in the state of Maharashtra to meet the growing demand in the food and beverage and healthcare segments. The opening ceremony was attended by Givaudan top management including chief executive officer Gilles Andrier, president Flavor Division Louie D’Amico, and APAC commercial head, Flavors, Monila Kothari.
The $60 million plant is the company’s largest investment in India, and it will complement the company’s existing plant in Daman, Gujarat, strengthening its capabilities in liquids compounding, powder blending, emulsions, process flavors and spray drying for India, Nepal and Bangladesh.
“After acquiring nine companies in the last four years, we are looking to expand our base in India,” said CEO Gilles Andrier. He added that the company was focusing on health and wellness products where consumers don’t want to sacrifice taste for healthy products.
