 "Colgate-Palmolive opens its first toothbrush production unit of India in Sri City")
The company has recently signed an MoU with Andhra Pradesh government to invest an additional Rs 450 crore for expanding the operations at Sri City, a large private business and industrial park located near Tamil Nadu borders.
The company proposes to expand the unit for increasing the annual production capacity to 600 million pieces of toothbrushes in future, according to a statement.
"I am happy to inaugurate Colgate's very first toothbrush production unit of India in Sri City. For the past eight decades Colgate has been serving India with its high quality oral care products. The strong relationship and the trust of generations of consumers, built over decades of operations in India, made Colgate as 'most trusted brand' for the past five consecutive years," said Fabian T Garcia, chief operating officer, global innovation and growth, Europe/South Pacific, of Colgate-Palmolive at a function organised at the site.
The present unit was commissioned in a building of 16,000 square meter area in 19 months, which was built in a 25 acre land acquired by the company in Sri City.
Colgate-Palmolive (India) Limited was incorporated in the year 1937 as a fully-owned subsidiary of its US-based parent company Colgate-Palmolive. The Indian subsidiary is involved in the production of various kinds of consumer products in the categories of oral care personal care, household care, surface care and skin care products.
A number of senior company officials and representatives from the state government have attended the event. Sri City industrial park managing director Ravindranath Sannareddy said they feel honored to have Colgate-Palmolive's very first toothbrush unit in India at Sri City.