Avery Dennison inaugurates world-class manufacturing facility in Greater Noida, India. The expansion signals world-class manufacturing and innovation in the Indian packaging industry. Avery Dennison has invested around Rs 250 cr. for setting up this new manufacturing plant in India.
Avery Dennison, a leader in global materials science and manufacturing, recently inaugurated the world-class manufacturing facility in Greater Noida signaling strong confidence in the growth of Indian Packaging Industry and its long- term commitment toward the Indian market and serve the customer base in a better way.
With this key business milestone, Avery Dennison celebrates 25 years of business operations in India and is looking for the next phase of growth. Twenty five years ago, the company was largely reliant on imports. With its increased foothold in the market, it has now moved to almost 100% localised production capability in India making it in more in sync with the Prime Minister’s “Make in India” initiative.
Also, through this new facility, the company will be consolidating its manufacturing operations in order to better serve customer demands while optimizing the new technology and leveraging the improved efficiencies.
Speaking on the occasion, Mr. Saurabh Agarwal, Senior Director and General Manager, Label and Packaging Materials, South Asia for Avery Dennison said, “We are extremely delighted to inaugurate our world-class manufacturing facility in Greater Noida and with this latest expansion, we are looking for the next big chapter in our growth in India. Our new facility is built on one of the most sought after land allotted by the UP Govt. and by expanding in UP, we will be able to serve the requirements of our customers better and also enhance the company’s production capacity to meet the growing demand of the Indian market”.
Spread over an area of 12 acres, the new state-of-the-art 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, whose land has been allotted by Yamuna Expressway Industrial Development Authority (YEIDA), will be equipped with the latest high speed coating technology and will have state-of-the-art coating and lamination lines, along with high speed sliters and sheeters.
Having a presence in India for over two decades, the company has consistently led the way in transforming the Indian labeling and packaging industry. 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 like Pune, Bangalore, and Kolkata and now in UP.
About Avery Dennison
Headquartered in Mentor, Ohio, Avery Dennison Corporation is a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials. The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical, and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. The company employs more than 35,000 employees in more than 50 countries. Reported sales in 2021 were $8.4 billion.