Business Opportunities in India
Bosch Packaging Technology on expansion in India
Our Bureau
Date of posting: 18-10-10
      Bosch Packaging Technology, a leading supplier for total solutions in packaging and process technology, is on an expansion course in the growing indian packaging sector. To realize that, the company has recently acquired 33,000 sq. meters of land in Verna Industrial Estate, Goa, to build up a new plant.

      According to Karthik Viswanathan, MD, Bosch India, the company plans to invest 4 million Euro in the new plant, which would fuel their "ambition to grow in the packaging industry”.

      Bosch's Packaging Division started its Indian operations in Bangalore in 1995 before moving to Goa in December 2007. By the end of 2012, Bosch plans to have a fully operational plant integrating the whole Indian production.

      In India, the demand for packaging machines is expected to grow by 10% per year. Driving factors would be the development of food parks in India, increased hygiene standards in the food and beverage industry, the adoption of Western-style medicines in the pharmaceutical sector and the entry global players of the confectionery industry, says Ashok Gourish, business head, Bosch Packaging Technology's Verna plant.

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