Mondelez opens largest unit in Andhra Pradesh
The plant was built with at an investment of $190 million at Sri City in Chittoor district.
Nellore: Mondelez India Foods, an Indian arm of Cadbury chocolate maker Mondelez International, on Monday inaugurated its largest manufacturing plant in Asia Pacific. The plant was built with at an investment of $190 million at Sri City in Chittoor district.
According to Chandramouli Venkatesan, managing director Mondelez India, “The plant will annually produce approximately 60,000 tonnes of India’s favorite Cadbury Dairy Milk chocolate. By 2020, the multi-category food campus is expected to reach an annual capacity of 250,000 tonnes and create close to 1,600 jobs.”
“It is an excellent example of the Prime Minister’s Make-in-India programme. This investment is symbolic of the facilities, infrastructure and support that Andhra Pradesh can provide to companies in the state,” said Andhra Pradesh Chief Minister N. Chandrababu Naidu after the inauguration.”
“We are bullish about India and see this country as a huge opportunity. We are investing today and building capacity for tomorrow,” said Maurizio Brusadelli, EVP & President, Asia Pacific, Mondel International. In addition to AP, Mondelez India also operates plants in Himachal Pradesh, Maharashtra, Karnataka and MP.