Dsm Firmenich's $100 Million Investment in India: Key Highlights from Dimitri de Vreeze
Dsm Firmenich Invests in India
Dsm Firmenich, the Swiss-Dutch nutrition firm, is planning to invest over $100 million in India to scale its nutrition, health, and beauty sectors. This investment will fund capacity expansion, including a new manufacturing facility, as the company aims to transform India into an export base for global operations.
Insights from CEO Dimitri de Vreeze
In a recent interview, CEO Dimitri de Vreeze stated, "India is a super important leg of our growth. Our business here is about half a billion dollars, and we're set to invest over $100 million for new capacity." Vreeze emphasized that India is crucial not only for domestic growth but also for supplying ingredients internationally.
- Investment will be directed towards new facilities, labs, and innovation centers.
- Plans to strengthen the existing capacity in nutrition and health ingredients.
- Current operations include seven plants across India.
- Aiming for India to be in the top three global markets in five years.
Vreeze conveyed excitement about the growing Indian market, stating, "We feel the Indian train is moving and accelerating, and we want to be part of it today."
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