Avery Dennison India sets up new plant
Avery Dennison India has set up a new manufacturing facility in Greater Noida. The investment is valued at 250 crore INR (32.7 million USD). Through this new facility, the company will be consolidating its manufacturing operations to better serve customer demands while optimizing the new technology and leveraging the improved efficiencies.
A phased transition will take place for the facility and employees based out of Gurgaon plant over a period of time, as per business requirements. However, the corporate office of the company continues to be in Gurgaon.
Spread over an area of 12 acres, the new plant will produce technologically-advanced, pressure-sensitive materials for the labeling and packaging industry and would incorporate best practices available across Avery Dennison globally. The new facility’s land has been allotted by Yamuna Expressway Industrial Development Authority (YEIDA) and will be equipped with the latest high speed coating technology and will have coating and lamination lines, along with high speed slitters and sheeters.
Saurabh Agarwal, senior director and general manager, Label and Packaging Materials, South Asia for Avery Dennison said: ‘U.P. has emerged as a strategic business location, offering better connectivity and opportunities to serve key customers and markets. The new facility not only enhances our production capacity, but it further strengthens our company’s position in the industry. This move is the culmination of the customer’s increased demand as well as the potential India holds as a region. I’m extremely pleased that this achievement has taken place in the same year Avery Dennison is celebrating 25 years of doing business in India.’
Mahesh Pathak, senior director, Operations, Label and Graphic Materials, South Asia Pacific and Sub Saharan Africa for Avery Dennison said: ‘This expansion is part of our long-term commitment to the Indian market, and our deep belief that it will offer enormous opportunities for the company and its ecosystem partners. The addition of this new greenfield facility in the North further strengthens our presence in the Indian market as well as in the Asia Pacific region.
‘The new plant is equipped with next-generation technology in line with industry 4.0 and has one of the latest and fastest coating and laminating machines in this space globally. Additionally, this facility was designed and constructed as per green building standards and we have also installed solar power for green energy.’
With this key business milestone, Avery Dennison celebrates 25 years of business operations in India. The company started its first plant operation in Gurgaon in 1997 with a hot melt coating line. Since then, it has expanded its operations across India in major cities such as Pune, Bangalore, and Kolkata.
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