Greek snack-maker Chipita invests Rs 600 cr in Sanand

Jun 06 2014, 21:31 IST
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The plant at Sanand will be the company's second manufacturing unit after the one in Mumbai. Reuters The plant at Sanand will be the company's second manufacturing unit after the one in Mumbai. Reuters
SummaryGujarat's auto-hub turns into snack-hub as Nestle, Colgate, Rasna and Inbisco set up base.

Kothary added.

Even without the incentives, companies like Inbisco, Colgate and Rasna have made Sanand their home. Inbisco India Pvt Ltd that has bought 9.1 lakh square feet of space in Sanand at a cost of about Rs 12 crore is already building it's plant.

Similarly, Colgate-Palmolive (India Ltd) has acquired about 16.9 lakh square feet of space at the cost of Rs 42 crore, while Rasna Pvt Ltd has acquired over 96,000 square feet of space at the cost of Rs 77 lakh and Jain Dairy has invested a similar Rs 74 lakh in buying 92,500 square feet of space at Sanand.

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