Google News
spot_img
spot_img

Mondelez to invest US$ 15 million on RDQ hub in Thane

Must Read

FMCG firm Mondelez International said it will invest about US$ 15 million to build a global research, development and quality hub in Thane, Maharashtra.
“This investment is part of the company’s global strategy to develop an research, development and quality (RDQ) ‘Network of the Future’ at nine advantaged locations around the world over the next two years,” the company said.
Managing Director, Mondelez India Foods Pvt Ltd, Deepak Iyer said: “With a focus on chocolate and beverages, this centre will combine the high-end skills of our local team with global learnings and best practices to develop products and processes for Mondelez International globally.”
The new India technical centre will employ over 150 scientists, engineers and other specialists who will focus on developing technology platforms for chocolates and beverages, consumer science, packaging and cross-category productivity.
The company said it will “start construction of the Thane facility in December, and the site is expected to be fully operational by mid-2018. The new facility will come up at the site of the previous science and technology centre”.
In Asia Pacific, the technical centers will be located in Singapore, Suzhou in China and Thane in India.
Mondelez India is a part of the Mondelez International group of companies and produces chocolate confectioneries, gum and candy products.
Its flagship brand is Cadbury Dairy Milk (CDM), while others include Cadbury Bournvita, CDM Silk, Cadbury Choclairs, Gems, 5-Star, Perk, Bournville, Celebrations, Halls, Oreo, Tang and Toblerone.

Latest News

The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...

Login to your account below

Fill the forms bellow to register

Retrieve your password

Please enter your username or email address to reset your password.