NIVEA will invest 1000 Crores for New Manufacturing Plant in Gujarat near Ahmedabad Sanand GIDC

NIVEA will invest 1000 Crores for New Manufacturing Plant in Gujarat near Ahmedabad Sanand GIDC

Nivea is top global Skin Care Brands and a leader in the FMCG Market. In recently Nivea will be investing about Rs 1000 crore for new Manufacturing Plant at Sanand GIDC located about 40 kilometers from Ahmedabad. In this new plan the Nivea India Pvt Ltd has acquired about 70,000 square meters of land at the cost of Rs 3250 per Square Meter within Sanand GIDC for the project.

Officials of Nivea said that they choose Sanand because it was close to large Consumer Markets. And this location were well Supported and Assisted by the Gujarat Industrial Development Corporation at Sanand, located 40 kilometers from Ahmedabad.

Nivea Pvt. Ltd. In the Sixth Major of FMCG Brand who set up in Sanand. FMCG hub has big brands like Nestle, Colgate Palmolive, Rasna, Inbisco and Greek-snack maker Chipita pitching tent at this industrial cluster. Nivea has headquartered in Hamburg and Germany. According to a Senior State Government official the company will be investing about INR 1000 crore to set up a manufacturing unit for Nivea creme, body lotion, shower gel and other products.

[Details Written by Kashak - Approved by InGujarat.Net]

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