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Essentra on strategic expansion in India

Source:ringier Release Date:2014-02-13 148

 

Essentra plc has embarked on strategic expansion of its activities in India, with the formal opening of a new purpose-built, standalone facility in Bangalore. With potential employment for up to 100 individuals, the 70,000 sq. ft. site has the capacity to accommodate manufacturing, warehousing and the appropriate commercial infrastructure for all the Essentra’s business activities. The company’s successful joint venture with ITC in Filter Products will continue as is, and does not form part of this project. India is a key opportunity market for Essentra. The end-markets for the Company’s specialty components, such as healthcare and industrial products, are sizeable and well-established, exhibiting annual growth of up to 20%. The new facility will bring together the company’s existing manufacturing and sales activities in Packaging with its Porous Technologies division, which is entering the Indian market with local manufacturing capability for the first time. www.essentra.com

 

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