MONIN chose Telangana out of eight states which is testament to State's development: KTR

HYDERABAD: K T Rama Rao has expressed happiness over the setting-up of a Rs. 300 crore unit by France's leading gourmet flavouring company SAS MONIN in Hyderabad.

The minister, who participated in the groundbreaking ceremony of the unit on Wednesday, said he was particularly delighted to know that it was a zero-waste, zero-pollution plant.

Leading French gourmet flavourings company, Georges Monin SAS MONIN,  held the ground-breaking ceremony of its first manufacturing unit in India on Wednesday.

This unit, located on 40 acres of land in Gunthapally village, Sangareddy district, on the outskirts of Hyderabad, is a key milestone for MONIN in its India adventure.

KT Rama Rao said, "Happy to know that this will be a zero waste and zero pollution plant and is the first MONIN plant in South Asia and 8th in the world. The plant will create 150 direct jobs and an additional 200 indirect jobs for the local youth of Telangana.

"Many companies from different parts of the world are setting up centres in the state and with the addition of MONIN, Telangana's food processing ecosystem has gone a notch up. Out of eight states visited, MONIN chose Telangana which is a testament to the development of the state, " he said.

“India, over the last few years, has become a top-priority market and this has propelled us to establish a wholly owned subsidiary in India. India is an important market for MONIN – not only in terms of its untapped commercial potential, but also because of the thrill of serving a country already brimming with diversity, talent and innovation. This facility will help us in our expansion plans and also to achieve our goal of providing premium beverage solutions to our partners worldwide, " said Olivier Monin.

In Phase -1, MONIN plans plans to build a 2,00,000+ sq. ft. built-up area that would house the MONIN India Headquarters, the all-inclusive R&D centre and a production unit. This state-of-the-art manufacturing facility would primarily cater to the India customer base and the neighbouring South Asia markets. The place is being designed to serve the market needs of all these territories. Setting the stage for the Flavour Renaissance, the facility is a step forward in the gourmet journey of India.

Elaborating on this mega project Germain Araud, Managing Director, Monin India said, “We are very bullish on India’s prospect for developing our Brand with a very high composition of young population, who are always eager to explore new flavours. One of the key reasons to set-up an R&D and manufacturing base in India is to cater to our Key Customers’ demand more efficiently with tailor-made preparations. Further, local flavours can be first introduced in India before we take them to other MONIN entities thereby providing premium beverage solutions to all our partners worldwide.”

MONIN maintained its promise to invest in its Telangana project. And, with its India Headquarters, Production, and R&D facility at Gunthapally, MONIN is bringing an investment of Rs. 300+ Crores to the state of Telangana in phase 1 of the project.

The unit would also provide employment to more than 150 persons directly and indirectly in its Phase 1 plans. Hyderabad is rapidly developing into a key modern city with state-of-the-art infrastructure and pro-business administration system, making it an ideal place for business ventures.

MONIN currently has 7 production facilities worldwide - two in France, two in the USA, one in Russia, one in Malaysia and one in China. This state-of-the-art facility in India along with another in Brazil are the new additions in MONIN's already illustrious production lines.