MUMBAI, INDIA: Novozymes has obtained land on a long-term lease in the Patalganga industrial area near Mumbai on India’s west coast, to accommodate business growth and a consequent increase in production and supply chain needs.
With an initial investment of approx Rs.300 crores, the company plans to start a new enzyme production and supply chain facility that is expected to be ready for operation in 2018 and will employ 150 people in the first phase.
The new plant will produce enzymes using solid state fermentation and will also formulate enzymes imported from Novozymes’ production sites outside India. At present, the key business areas for Novozymes in India are the household care, textiles, food & beverages, oil & fats, baking, and beverage alcohol markets.
“We see a big opportunity in India and South-East Asia, where knowledge-based innovations in the field of industrial enzymes can effectively replace polluting chemical processes and deliver environmental sustainability. We have chosen the new area for its size, proximity to customers, future business opportunities and good accessibility to ports, airports, highways and other industrial infrastructure,” said Thomas Videbæk, executive VP & COO, research, innovation & supply at Novozymes.
Two sites in India headway
Novozymes has been present in India since 1983 and currently occupies three sites in Bangalore in India’s southern State of Karnataka. The solid-state fermentation and supply chain operations for the region will now move to the new production site near Mumbai, while all other functions will remain in Bangalore, including Novozymes’ Indian head office, R&D centre and the service centres which provide support to global operations.
“We will maintain some of our key functions in Bangalore, which has proven to be a great base for pushing sustainable, biological solutions to India and beyond. From now on, we will have two main sites in the country, and as we discover more Asian opportunities for our solutions, we look forward to developing both our presence in Bangalore and Mumbai,” added Videbæk.
Read More: Novozymes to build new enzyme production facility in India
No comments:
Post a Comment