Avery Dennison invests in Pune, India

Labels & Labeling (L&L):  TELL US ABOUT AVERY DENNISON’S EXPANSION PLANS IN INDIA.

Anil Sharma (AS): The India label market has starting to get traction in the last five years. Avery Dennison is investing in the market with the view of helping it expand and grow. We continue to install sophisticated equipment in our plants in India with the dual aim to develop wider range of products and help our customers make more innovative solutions for their clients.

Our Pune factory is a key manufacturing plant. We are investing into a new emulsion coater that will be installed in the second quarter of 2014.

Another significant investment has been in setting up the Global Innovation Center in Pune where a team of scientists is working on fundamental technologies such as adhesive, silicone, facestock, amongst others to create new solutions. This investment is to leverage the intellectual power of the India talent and develop solutions tailored to Indian market while using the raw materials and resources available. Besides this, in 2013, we added a sheeting unit in Pune.

As we continue to expand, we will invest in more warehouses and install and upgrade our slitters.