Schreiber Dynamix sets up Rs 100 cr plant in Punjab

Image
Press Trust of India Chandigarh
Last Updated : Jul 17 2016 | 6:42 PM IST
Schreiber Dynamix Dairies Pvt Ltd (SDDPL) today launched its second aseptic food processing and packaging facility at Fazilka here.
Set up in International Food Park here, Rs 100 crore was invested in this project, the company said in a statement today.
The facility was inaugurated by Francois Salamon, President of Schreiber International; Amitabha Ray, Chairman and Managing Director of SDDPL and Kandarp Singh, Managing Director of Tetra Pak South Asia Markets.
SDDPL is country's first dedicated contract packer for foods in Tetra Pak cartons and uses Tetra Pak's advanced processing and packaging technology to partner leading food and beverage players like PepsiCo, Nestle, Danone, Britannia and Hector Beverages, it said.
Aseptic beverages offer high quality and safe products with long shelf life, without the need for refrigeration or preservatives, it said, adding that currently, brands like Tropicana, Nestle and Paper Boat are processed and packed in SDDPL's plant at Baramati, Maharashtra.
Salamon said: "The market for aseptic beverages in India is showing exponential growth and there still is a lot of untapped potential. This along with the Government of India's support in developing Food Parks has given us the impetus to invest in a second facility.
Ray said that with his company's existing plant at Baramati running at full capacity, this new integrated facility not only increases production capabilities, but also gives a geographical advantage to cater to consumers in North India who account for 50 per cent of the country's aseptic beverage consumption.
"We are proud to extend our 20-year partnership with Tetra Pak that has allowed us to offer end-to-end solutions to our customers. With growth of over 23 per cent over last year in contract packaging, we are confident that this new facility in Punjab will provide an exciting opportunity for more companies to enter this sunshine sector," he added.
Singh said Tetra Pak brings in world-class technology, strong technical support and high quality standards. "We are the only company in the industry that provides an integrated, end-to-end full-system solution to food companies.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 17 2016 | 6:42 PM IST

Next Story