Godrej Consumer Products (GCPL) has signed a Memorandum of Understanding (MoU) with the State Government of Tamil Nadu. As a part of this MoU, GCPL will establish a state-of-the-art manufacturing facility in the state, making an investment of Rs 515 crore over the course of the next five years.
The upcoming manufacturing facility will be strategically located in Thiruporur Taluk, Chengalpattu District near Chennai, Tamil Nadu. This strategic choice guarantees access to crucial southern markets and facilitates meeting requirements in neighboring regions.
Godrej Consumer Products is a leading emerging markets company.
