Avery Dennison opens Rs 250-crore new plant in Greater Noida
Signalling a strong confidence in the growth of Indian Packaging Industry and its long-term commitment toward the Indian market and to serve the customer base in a better way, Avery Dennison has inaugurated a world-class manufacturing facility in Greater Noida.
26 Sep 2022 | 1406 Views | By Rahul Kumar
This marks the company’s 25 years of operations in India, as it looks for the next phase of growth. Twenty-five years ago, the company was largely reliant on imports. With its increased foothold in the market, it has now moved to almost 100% localised production capability in India.
Also, through this new facility, the company will be consolidating its manufacturing operations in order to better serve customer demands while optimising the new technology and leveraging the improved efficiencies.
Saurabh Agarwal, senior director and general manager, label and packaging materials, South Asia for Avery Dennison, said, “We are looking for the next big chapter in our growth in India. Our new facility is built on one of the most sought-after lands allotted by the UP government. By expanding in UP, we will be able to serve the requirements of our customers better and also enhance the company’s production capacity to meet the growing demand of the Indian market.”
Spread over an area of 12 acres, the new state-of-the-art plant will produce technologically-advanced, pressure-sensitive materials for the labelling and packaging industry and would incorporate best practices available across Avery Dennison globally.
The new facility, whose land has been allotted by Yamuna Expressway Industrial Development Authority (YEIDA), will be equipped with the latest high-speed coating technology and will have state-of-the-art coating and lamination lines, along with high-speed sliters and sheeters.
The company started its first plant operation in Gurgaon in 1997 with a hotmelt coating line. Since then, it has expanded its operations across India in major cities like Pune, Bangalore, and Kolkata and now in UP.