This latest investment builds on the company’s existing €200 million commitment, bringing its total investment in India to €300 million.
INDIA – SIG Group, a global packaging company, has announced an additional €100 million (US$114.34 million) investment in India, reinforcing its commitment to the country’s growing dairy and beverage packaging sector.
This latest investment builds on the company’s existing €200 million commitment, bringing its total investment in India to €300 million.
The announcement was made during discussions between SIG Group CEO Samuel Sigrist and Indian Commerce Minister Piyush Goyal, where Sigrist praised India’s foreign direct investment (FDI)-friendly policies.
He emphasised that SIG’s expansion aligns with India’s Make-in-India initiative, which promotes local manufacturing and innovation.
The company stated that its advanced aseptic packaging solutions have become crucial for several top Indian consumer brands, including Amul, Frooti, Maaza, Coca-Cola, Dabur, and PepsiCo, ensuring a longer shelf life and product safety for dairy and fruit beverages alike.
SIG expands in India with new aseptic carton plant
Recently, the company inaugurated its first aseptic carton production plant in India, marking a significant step in its expansion into one of the world’s fastest-growing markets.
The €90 million facility in Ahmedabad, Gujarat was completed in just 20 months and will support India’s thriving dairy and non-carbonated soft drinks sectors.
Equipped with state-of-the-art technology, the plant has an initial production capacity of up to 4 billion aseptic carton packs annually while adhering to the highest environmental standards.
It is expected to create over 300 local jobs and provide a reliable supply of packaging solutions for SIG’s growing customer base in India.
Swiss State Secretary for Economic Affairs Helene Budliger Artieda and a Swiss economic delegation attended the official opening ceremony, reinforcing the strong ties between India and Switzerland.
Addressing market demand with aseptic solutions
India, the world’s largest milk market and a significant producer of juice, presents a substantial opportunity for aseptic packaging.
With less than 10% of its milk consumption packaged and cold chain infrastructure still limited, aseptic cartons offer a safe, sustainable, and convenient alternative, enabling long-term storage without the need for preservatives or energy-intensive refrigeration.
The new facility will enable shorter delivery times, enhanced market responsiveness, and greater support for India’s dairy and beverage industries.
Swiss State Secretary Helene Budliger Artieda commended SIG’s investment, emphasizing the 75-year friendship between India and Switzerland.
She praised SIG’s expansion as a reflection of the strong partnership between the two nations and the contribution of Swiss engineering to India’s food and beverage sector.
SIG CEO Samuel Sigrist highlighted the company’s commitment to India’s growth, stating that local production will provide high-quality packaging solutions and flexible filling technology to support its partners.
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