Dabur enters Sri Lanka; Sets up new beverage venture

Dabur Lanka signed an agreement with the Board of Investment of Sri Lanka to establish this venture. The company will invest $15 Million (Rs 70 Crore) to establish a new export-oriented manufacturing facility for producing a range of fruit-based beverages in Gampaha, north of Colombo. The new manufacturing facility -- with a capacity to produce 2.8 lakh cases of fruit-based beverages every month -- will be commissioned in August-September of 2012.

Spread over 50 acres of land, the plant -- once operational -- will employ around 75 people, and the intention is to increase the number of staff gradually to around 200 employees by 2013-14. It will also offer the opportunity of providing indirect employment opportunities for thousands of people in this country.