French food major Danone bullish on India, mulls building new plant

French multinational Danone is bullish on the nutrition supplement market in India and is looking at both organic and inorganic growth of its manufacturing capacity.

Currently, Danone India operates a plant in Punjab, which it had acquired in 2012 from Wockhardt along with the latter’s flagship food supplement brands of Protinex and Farex.

While, the company feels that its present manufacturing capacity is enough to cater to the demand over the next 3-4 years, the market traction being gained by Protinex would need additional creation of capacity.

“We are looking around for setting up another plant in addition to the