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Monin to infuse Rs 200 cr in Telangana

Tuesday, 03 Aug 2021
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French gourmet flavourings company, Georges Monin SAS (MONIN) is planning to invest Rs 200 crore for its Phase-I of setting up a manufacturing plant in Telangana.

The French company had signed a memorandum of understanding (MoU) with the Telangana government in 2018 and announced an initial investment of Rs 100 crore to set up a manufacturing plant in India.

The French business has since opened its wholly owned subsidiary in Hyderabad as Monin India and has acquired 40 acre of land for its manufacturing site. It has also set up an R&D centre in Hyderabad to develop new flavours and product categories.

Despite pandemic, the French company has doubled its investment for the plant and targeting completion by 2023.

Monin has announced its first studio in India, an experience centre, at The Dhan Mill, New Delhi. This is set to open by second half of August 2021.
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