Tuesday, October 14, 2008

Tetra Pak plans Rs 500-cr plant in India

Swiss processing and packaging major Tetra Pak International SA will invest Rs 500 crore in its Indian operations to set up its second plant in the country, in Maharashtra. Tetra Pak India’s biggest clients include Parle, Amul, Dabur, PepsiCo and Coca-Cola. The E8.6 billion firm is targeting flagging off operations at its second India plant in about two years’ time. The company, meanwhile, is in discussions with Reliance Retail to partner its private dairy venture, in addition to various other potential partners.

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