New Delhi, Jun 28 (PTI) FMCG products maker Procter & Gamble India on Wednesday said it will invest Rs 2,000 crore here to set up a new personal healthcare manufacturing facility in Gujarat.
This would be the ninth plant of Procter & Gamble in India, which owns popular brands like Ariel, Duracell, Gillette, Head & Shoulders, Oral-B, Pampers, Pantene, Tide, Vicks and Whisper.
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The new plant spread across a 50,000 sq metre area in Sanand will produce products that are part of P&G's global healthcare portfolio, especially digestives, a company statement said.
"This facility will be operational over the next few years and is set to become an export hub for P&G globally, as it will help P&G India in serving consumers across the globe," it said.
Besides, this will also help create hundreds of direct and indirect jobs, thereby offering a significant boost to the local economy, it added.
The investment was announced by P&G India CEO LV Vaidyanathan in a meeting with Gujarat Chief Minister Bhupendra Patel.
"The facility builds on top of P&G India's existing manufacturing footprint of 8 plants across the country and expands the existing presence in Gujarat," the statement said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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