Colgate plant at Sanand, Gujarat to be functional by next year
July 23, 2012
Mumbai, 23 July 2012
Oral care major Colgate Palmolive India today said it will set up a tooth brush and tooth paste production unit in Gujarat and make it operational by 2013.
“We are working on two new projects. One is in Gujarat at Sanand, just outside Ahmedabad, where we have taken on lease from Gujarat Industrial Development Corporation around 39 acres for Rs 42.62 crore. The objective is to make toothpaste at this plant,” Colgate Palmolive India Chairman Mukul Deoras told the 71st annual general meeting in Mumbai.
He further said, “Sri City in southern Andhra Pradesh is another place where we have acquired around 25 acres and have paid Rs 11.4 crore as part of the initial lease. This place, where we will set up a tooth brush manufacturing plant, is not very far from Chennai,”
Both plants will be operational by 2013, he said, but did not give details of capacity addition at the new units.
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