Godrej mulls new plants in Andhra

Godrej mulls new plants in Andhra
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Highlights

GCPL, which is expecting a stronger second half this fiscal due to increased sentiments in the market, plans to manufacture soaps and insecticides at the proposed new plant.

  • It is holding plans to know details of the proposed benefits to the new state


New Delhi: FMGC major Godrej Consumer Products Ltd (GCPL) may consider setting up a new plant in Andhra Pradesh, while continuing the expansion of the existing capacity of plants in North East and Jammu to meet growing demand for its products.

GCPL, which is expecting a stronger second half this fiscal due to increased sentiments in the market, plans to manufacture soaps and insecticides at the proposed new plant.

“If I look at new locations, I would continue expanding in brown field locations at Jammu and North East and in terms of green field locations, the location which we are looking at, depending on the kind of benefits, is Seemandhra (now AP),” GCPL Managing Director Vivek Gambhir said.

He, however, said the company is awaiting details on what benefits the new state would offer to set up the plant.

“We have substantially expanded our capacity at our Jammu Plant and North—East because of the kind of the excise benefits, we get from those areas. We are also awaiting to see what kind of benefits the government gives in Seemandhara,” Gambhir said.

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