Mumbai, 23rd September 2013:
SCA invests in India
SCA
– a leading global hygiene and forest products companieshas decided to set up a
manufacturing facility for hygiene products with an investment of about SEK 150
million (around Rs 145 crore) in India. The facility is expected to commence
production in 2015.
“This
investment creates a solid platform for us to leverage the favorable growth
opportunities that exist in the hygiene products area in India. The investment
is in line with our strategy of strengthening SCA’s presence in emerging
markets”, says Jan Johansson, President and CEO of SCA.
The
brands that SCA intends to launch on the Indian market in the coming months
includeTENA - the world leader in incontinence care,Liberobaby care, Tempo –
for hand and face hygieneand Tork– the global leader in the away-from-home
tissue segment.
“SCA
aims to grow organically and has extensive experience in the hygiene business,
which should help to provide better hygiene for the Indian consumer. The large
population and the low penetration of hygiene products provide the potential
for SCA’s future growth,” adds Cecilia Edebo - Vice President Consumer Goods
SCA India.
Milind
Pingle - Managing Director SCA indicated that it is SCA’s aim to become the
preferred supplier of hygiene products in India. “In order to achieve this goal
we have done thorough research of the Indian market and developed a solid plan
that takes into account regional specifics as well as preferences of our target audiences,” Pingle said.
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