Investment of CHF 60 million further supports Givaudan’s growth ambitions in Asia Pacific
Facility makes important contributions to Company’s Climate Action Agenda
Givaudan, the world’s leading flavour and fragrance company, today officially inaugurated a new Flavours manufacturing facility in Pune, India. The CHF 60 million plant is the Company's largest investment in India and further proof of its commitment to leverage growth potential in Asia Pacific.
Designed to deliver a superior level of flavour and taste solutions, the new 40,000 square metre facility will enable Givaudan to meet growing demand from customers in the food and beverage and health care segments. The new facility will complement the Company’s existing plant in Daman, strengthening its capabilities in liquids compounding, powder blending, emulsions, process flavours and spray drying for the India, Nepal and Bangladesh markets. Givaudan expects to employ about 200 people at the new site.
Givaudan’s Chief Executive Officer, Gilles Andrier said: “We are delighted to open this world-class flavours manufacturing facility in Pune as the latest example of Givaudan’s long-term heritage and commitment to India and our strategic focus on the high growth markets of Asia Pacific. Our new plant will enable Givaudan to collaborate even more closely with our customers to deliver differentiated solutions and great taste experiences to the dynamic Indian market.”
The new facility is also making important contributions to Givaudan’s Climate Action Agenda by becoming the Company’s first Zero Liquid Discharge site which ensures all waste water is purified and recycled at the end of the treatment cycle. Energy efficient LED lighting technology has also been fitted throughout the site to reduce CO2 emissions and plans are under development to incorporate solar panels, contributing towards Givaudan’s 100% renewable energy target. Over 1,100 trees have also been planted to support the preservation of the local ecosystem.
Givaudan’s APAC Commercial Head, Flavours, Monila Kothari, underlined the growing importance of the Indian market: “Over the last few years, there has been tremendous growth in the food and beverage industry in India and we have seen sustainable growth in this market. Given this rapid transformation, we need to be agile to address the needs of these markets and this new manufacturing facility in India is designed to cater to this.”
The opening ceremony held in Ranjangaon near Pune, Maharashtra was attended by Givaudan top management including Chief Executive Officer Gilles Andrier and President Flavour Division Louie D’Amico, alongside dignitaries and regional management members.
Watch the video
Givaudan is the global leader in the creation of flavours and fragrances. In close collaboration with food, beverage, consumer product and fragrance partners, Givaudan develops tastes and scents that delight consumers the world over. With a passion to understand consumers’ preferences and a relentless drive to innovate, Givaudan is at the forefront of creating flavours and fragrances that ‘engage your senses’. The Company achieved sales of CHF 5.5 billion in 2018. Headquartered in Switzerland with local presence in over 145 locations, the Company has almost 13,600 employees worldwide. Givaudan invites you to discover more at www.givaudan.com.
About Givaudan Flavours
Givaudan’s comprehensive knowledge of local flavours, extensive global footprint and strategic insights enable close partnerships with customers wherever they may be. With a customised approach to product creation, the Flavour Division is a powerhouse of knowledge, innovation and creativity equipped to surprise customers and consumers with fresh, unique ideas and solutions. Givaudan creates lasting flavour and taste experiences that touch emotions across key segments including beverages, sweet goods, savoury and snacks; regardless of product category Givaudan’s passion is to make food and beverage products taste delicious. We invite you to ‘engage your senses’ and learn more about Flavours at www.givaudan.com/flavours.
For further information, please contact
Peter Wullschleger, Givaudan Media and Investor Relations
T +41 22 780 9093