Dabur signs MoU with TN govt to set up its first manufacturing facility in state

According to Dabur CEO Mohit Malhotra, the company will be investing Rs 135 crore in the first phase and then scaling it up to Rs 400 crore over a period of five years

by e4m Desk
Published: Aug 22, 2024 6:45 PM | 1 min read

FMCG giant Dabur has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government to set up its first manufacturing facility within the state.

According to Dabur CEO Mohit Malhotra, the company will be investing Rs 135 crore in the first phase and then scaling it up to Rs 400 crore over a period of five years.

“Had the honour and pleasure of signing the MoU with the Guidance Tamil Nadu Managing Director Mr. Vishnu, IAS, for establishing this new unit, which will be Dabur’s first such facility in South India

“This is expected to generate direct employment for around 250 people, besides creating thousands of indirect job opportunities,” he wrote in a LinkedIn post.

With the investment, Dabur intends to strengthen its presence in the Tamil Nadu region and enhance sourcing agricultural produce from local farmers in the state.

“ We look forward to contributing to Tamil Nadu's economic development by creating jobs and working closely with local vendors and supplier partners,” wrote Malhotra.

The manufacturing facility will reportedly be set up in SIPCOT, Tindivanam.