Tetra Pak  the world s leading processing and packaging company  provider for liquid food manufacturing  today announced it will be setting up a new world class packaging material factory in India at Chakan  near Pune in western Maharashtra  India  The total investment in the new factory is expected to be around Rs 600 crores
The plant will be set up in a total land area of 45 acres and will employ world class manufacturing processes with among the most advanced technologies and equipment in the world  The total capacity of the new plant will be 8 5 billion packages per year  with the potential of scaling up to 16 billion packages across such popular carton packaging materials as the Tetra Brik Aseptic TBA   Tetra Fino Aseptic TFA  and Tetra Classic Aseptic  making it amongst the top 5 packaging material plants for Tetra Pak worldwide  Besides supporting the expected strong growth in the Indian market  the plant will also support the company s growth in other key geographies such as South East Asia and the Middle East
Over the last few years  Tetra Pak has seen a rapid growth in the Indian economy and specifically in the dairy and beverage industry  In addition  India is an important export hub  supplying packaging material to many overseas markets  Mr  Alejandro Anavi  Executive Vice President  Supply Chain Operations  Tetra Pak said   We are committed to supporting our customers to meet growing consumer demand in these regions and all over the world   He noted that   In addition to the convenience of packed dairy beverages and fruit based drinks  more people are becoming aware of the nutritional benefits of aseptically processed and packaged milk 
Tetra Pak has invested approximately INR 150 crores in India which includes establishing the existing packaging material factory in India  also near Pune  The existing facility  which has now been in operation for nearly 14 years  is reaching its full capacity  According to Mr  Kandarp Singh  Managing Director for South Asia Markets   With strong economic growth  a dynamic consumer base and modernization of distribution and retailing there is high demand across all categories  With a capacity of 8 5 billion in the new factory  we are gearing up to reach the growing demands of the consumers 
Amongst various other facilities  the new packaging material plant will also have a machine rebuilding centre  which will be the third such centre in Tetra Pak to provide technical services such as start up support and machine renovation to our customers  We will also have a Product Development and Innovation Center  PDIC   which will have a laboratory  a pilot processing plant and a pilot packaging plant to meet the product formulations and development needs of our customers
Said Mr  Singh   We will continue to focus on providing our customers with the latest packaging solutions   Together with the capacity of the present location  this will make the Indian operations Tetra Pak s biggest manufacturing facility in the South and South East Asia region
The new plant will have some of the environmentally efficient features such as the use of renewable and non conventional energy and materials  heat recovery to generate air conditioning and rain water harvesting
It will be located 40 km from Pune city in Chakan MIDC Phase II and is expected to start its commercial supplies from Q4 2012
ABOUT TETRA PAK
Tetra Pak is the world s leading food processing and packaging solutions company  Working closely with our customers and suppliers  we provide safe  innovative and environmentally sound products that each day meet the needs of hundreds of millions of people in more than 170 countries around the world  With almost 22 000 employees based in over 85 countries  we believe in responsible industry leadership and a sustainable approach to business  Our motto   PROTECTS WHAT S GOOD™ reflects our vision to make food safe and available  everywhere  More information about Tetra Pak is available at www tetrapak com