Business Standard

Dutch firm inaugurates new human nutrition products plant

Royal DSM's plant in Vadodara has come up with an investment of over $10 million

BS Reporter Ahmedabad
 
Dutch life sciences company Royal DSM today inaugurated its Fortitech premixes plant in Vadodara in Gujarat that has come up with an investment of over $10 million and is the company’s first human nutrition plant in India and its fourteenth in the world.

The Vadodara plant is constructed across 5,000 square meters and will be one-stop source for food, beverage and pharmaceutical manufacturers. The net land allotted to the company is around 10,000 square meters, and DSM has plans for future expansion at the site.

Fortitech Premixes are customized blends of functional ingredients from a comprehensive selection of vitamins, minerals, amino acids, nucleotides and nutraceuticals. They are used in a wide range of products, including baby formulas, cereals, bars, dairy products, nutrition and sports drinks, juices, snacks, waters, candies and supplements. Additionally, the nutritional ingredients are also tailored to address specific health concerns with research to support their claim.

The new plant will service the South Asian market with its teams split between Delhi and Mumbai, as well as a business development group, based in Malaysia and an upcoming Nutrition Innovation Center in Singapore. The initial employee headcount for this plant will be 29 full-time positions. The company has a headcount of over 900 people in India.

The Ambassador of the Kingdom of the Netherlands, Alphonsus Stoelinga said: “India and the Netherlands are very important economic partners for each other. India is the fifth largest source of Foreign Direct Investment (FDI) in the Netherlands and vice. This plant is a perfect example of Dutch FDI in India.”

Apart from premixes, the plant would also make micro-nutrition products. It would be a blending facility with a capacity of around 4,000-7,000 tonnes per annum.

Rick Greubel, president, human nutrition & health said, “As one of the fastest growing economies in the world,we believe that this facility in India will add to DSM’s overall growth and profitability. By expanding our presence, we aim to deliver more value to our Indian and South Asian customers.”

The company feels that being located strategically near the Delhi-Mumbai Industrial Corridor, it would cater to the key markets of DSM as well as its customer base in Gujarat.

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First Published: Apr 09 2014 | 8:40 PM IST

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