Tata Chemicals, which is set to launch the Rs 50-crore nutraceuticals manufacturing facility shortly, is planning to introduce retail products in this category in future. The plant initially will have a capacity of 300 tonnes annually and would scale up to 1,000 tonnes.
Nutraceuticals is estimated to become $4 billion market in India by 2018. The company was focusing at making oligosaccharides, sweeteners, anti-obesity products through green routes. The company will commission a pilot plant to make nutraceuticals in Chennai as part of focus on speciality and consumer products businesses. After branded salt, pulses (dal) under iSakthi brand, the company entered masalas in Punjab recently.
Tata Chemicals is the world’s second largest producer of soda ash with manufacturing facilities in Asia, Europe, Africa and North America. The company’s industry essentials product range provides key ingredients to some of the world’s largest manufacturers of glass, detergents and other industrial products.
