Rexam to set up two plants in India
UK-based Rexam, one of the leading global drink tin can manufacturers, has bought land in Sri Metropolis, Andhra Pradesh in southern India, as well as in Mahindra World Urban center, Jaipur in northern Republic of india, to build 2 drink can plants. The visitor has a plant in Mumbai.
Each constitute represents an initial investment of close to 50 million pounds and will add together a full production capacity of nearly 1.6 billion cans. The constitute in Sri City is expected to exist operational past the second half of 2022, and this volition be followed past the establish in Jaipur. The Sri City plant will be located in the vicinity of PepsiCo's largest potable manufacturing plant in the country. The beverages and snacks maker is investing Rs one,200 crore at its Sri City plant. The two plants will create around 150 new jobs in each of their local communities.
Rexam operates 55 plants in 20 countries in Europe, Africa, the Middle E, Asia, N America and S America providing employment to around eight,000 people. The company offers beverage cans packaging solutions comprising aluminium and steel cans for carbonated soft drinks, beer and energy drinks.
These investments will support and enable us to take advantage of the continued exciting growth of the beverage can in India. Having plants in unlike locations across the country will ensure that nosotros have a better footprint and position to come across the needs of our customers in the region over the long- term, Craig Jones, sector managing director of Rexam's Africa, Middle Eastward and Asia (AMEA) region said.
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Source: https://packagingsouthasia.com/zarchive/rexam-to-set-up-two-plants-in-india/
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