Tetra Pak India posts 15% y-o-y growth

Tetra Pak India posts 15% y-o-y growth
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First Published: Thu, Aug 27 2009. 01 15 AM IST
Updated: Thu, Aug 27 2009. 11 09 AM IST
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.
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First Published: Thu, Aug 27 2009. 01 15 AM IST