Thailand’s Srithai Superware to set up plant in Gujarat
February 18, 2014
New Delhi, 18 February 2014
Thailand’s melamine tableware maker Srithai Superware Tuesday said it will set up a manufacturing unit in Gujarat that will start production early next year. Srithai Superware claims to be the world’s largest maker of 100 percent melamine tableware.
Chairman and president of Srithai Superware Sanan Angubolkul said the Gujarat unit would require an investment of Rs.50 crore and provide employment to around 400 people. The company’s new manufacturing plant will be located at Sanand Industrial Estate, near Ahmedabad, in Gujrat. The factory will commence operation in 2015. The Indian plant is a 100 percent Srithai Superware subsidiary.
“We entered in the Indian markets in 2009 to sell high range of melamine products under the brand name Ektra. Since then we have registered an impressive growth. Currently our products in India are imported. We operate in India through fully owned subsidiary Srithai Superware India. If we start producing here, our cost will go down substantially. It will be naturally passed on to the consumers,” he said.
The company also plans to export the products from the Indian unites to neighbouring South-Asian countries.
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