Godrej Consumer to invest Rs 515 cr in TN, to set up manufacturing unit

The employee base at the manufacturing unit would comprise 50 per cent women, members of LGBTQ community and disabled people

Godrej Consumer to invest Rs 515 cr in TN, to set up manufacturing unit
Press Trust of India Chennai
2 min read Last Updated : Aug 10 2023 | 6:12 PM IST

Fast moving consumer goods major Godrej Consumer Products Ltd will invest Rs 515 crore in Tamil Nadu to set up a manufacturing facility and signed a memorandum of understanding with the state government on Thursday.

The company would be setting up their greenfield production unit in neighbouring Chengalpet district to produce body care products, Minister for industries T R B Rajaa said.

The employee base at the manufacturing unit would comprise 50 per cent women, members of LGBTQ community and disabled people.

"Another feather in the cap of M K Stalin government. FMCG giant Godrej Group would soon start production of most of its products right here in Tamil Nadu in a state of the art brand new unit," he said.

It was a pleasure to meet Godrej Consumer Products Ltd Executive Chairperson Nisaba Godrej, a true diversity torch bearer, and share ideas for the benefit of both the state and Godrej. Truly amazed at her passion for inclusivity and sustainability, he said in a social media post.

At an event at the Secretariat, top officials of Godrej Group exchanged documents with Guidance Tamil Nadu MD and CEO Vishnu in the presence of the Chief Minister Stalin at the Secretariat on Thursday.

According to company officials, the facility in Tamil Nadu guarantees access to crucial southern markets and facilitates meeting requirements in neighbouring regions.

"We aspire to develop this factory as a lighthouse unit and strive to be among the first few factories in Tamil Nadu to achieve this recognition," Godrej said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*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

Topics :Manufacturing sectorGodrej Consumer

First Published: Aug 10 2023 | 6:12 PM IST

Next Story