Naturex continues its expansion into the Indian market
Avignon, France 03/30/2017- The Indian food industry has experienced a real boom in the past few years and still has considerable growth potential. Today, the local agri-food market is estimated to be worth 258 billion dollars and is expected to reach 482 billion in 2018*.
A local production unit that is responsive to the Indian market
The Naturex group, the natural ingredients specialist, posted double-digit growth in the Asia-Pacific region in 2016. Having operated in India for the past five years, the company is familiar with the specific demands and regulations of the local market. Its production unit in the Mumbai region is at the forefront of innovation in the fields of natural colourings and specialty fruit and vegetables.
The factory specialises in powdered and liquid pigments and in powdered fruit and vegetables. In 2015, its surface area doubled and its production capacity increased by 40%. An entirely new building, with a reduced environmental footprint, houses the extraction, processing and drying workshops as well has two pilot plants. Its product range has expanded over the years to include pigments such as paprika, curcuma and annatto. The factory also boasts new equipment, used for producing high-fruit-content granules and flakes (from bananas, mangos, strawberries and beetroot, among others). This production unit employs around 60 people and is approved for the manufacture of baby food.
Helping local communities: the Naturex Foundation
Naturex is aware of its social and environmental responsibilities, which is why it supports over 500 children from disadvantaged communities through both its Foundation and the Magic Bus NGO. Its social development program focuses on basic educational principles, such as gender equality, hygiene and social interaction, using sport to get the message across.
“Our commitments in India reflect Naturex’s geographical expansion strategy, and aims to respond to our customers’ demands in this expanding market ,” states Jean-Philippe Giorgis, Senior Vice-President of Naturex for the Asia-Pac region. “India – where Naturex has recorded some of its strongest growth in Asia-Pacific – is one of the main factors propelling us towards the objective set out in our strategic plan, Bright2020. The activity of the Roha factory goes beyond the Indian borders, as this production unit is capable of responding to the needs of the entire Asian continent. By 2020, our aim is to conclude 25% of the group’s sales in emerging countries.”
Key words : India, Roha, Food & Beverage, Natural colors, Fruit& Vegetables, Industrial plant
Naturex sources, manufactures and markets natural specialty ingredients for the food, health and cosmetic industries. As the Natural Maker, the company actively supports the global shift to natural by directly addressing key consumer expectations through an offer built on two main focus areas: My Natural Food and My Natural Selfcare. Naturex’s portfolio includes colors, antioxidants, specialty fruits & vegetables, phytoactives, and numerous other plant-based natural ingredients, designed to help its customers create healthy, authentic and effective products.
The Group’s strong commitment to sustainability, continuous innovation process, and the talent of its people are at the heart of its success.
Headquartered in Avignon, France, Naturex has experienced steadily-increasing growth throughout the last 20 years. The group posted €404.4 million in sales in 2016 and employs 1,700 people worldwide. Naturex is listed on Euronext Paris, Compartment B – Index: Euronext Next 150, Enternext CAC PEA-PME 150, CAC Small & Mid, CAC Small, Gaïa - Ticker: NRX - Reuters: NATU.PA - Bloomberg: NRX:FP - DR SYMBOL: NTUXY
NATUREX, from Nature to You
Your Naturex contacts:
Marketing Communications Director
Tel: +33 (0)4 90 23 96 89
Tel : +33 (0)4 90 23 96 89
About Magic Bus
Magic Bus works to move some of the world's poorest children out of poverty. It uses mentors to engage children and ensure that they make the right choices from childhood all the way to better livelihoods as adults. Our philosophy revolves around the concept of mentoring. We foster young adults to deliver our programme and to become role models to the children with whom we work. A large part of their work is to promote gender equality, access to education and health services as well as developing social and emotional skills.
3rd Floor, JK Textiles Building, Mehra Estate,
Near Jaswanti Landmark, LBS Marg,
Vikhroli West, Mumbai - 400079
Tel: 022 62434848