BackTetra Pak India posts 15% y-o-y growth
Tetra Pak India posts 15% y-o-y growth
Premium
New Delhi: The economic slowdown notwithstanding, processing and packaging firm Tetra Pak India Pvt Ltd, a subsidiary of Tetra Pak International, has managed to clock a steady 15% year-on-year growth and plans to close 2009 with a turnover of Rs700 crore.
Tetra Pak also plans to cross the 2 billion pack mark by next year in volumes. The firm, which first set operations in India in 1998, plans to invest €100 million (Rs699 crore) in the next three-five years, which will go towards setting up a new factory to cater to the growing demand from private labels in the country as well as towards launching big-budget marketing campaigns to build awareness among consumers on the health and safety advantage of Tetra Pak.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
