With the demand for bottled water, carbonated soft drinks and juices going up steadily, Swiss multinational Sidel International AG, a leading manufacturer and supplier of liquid packaging machinery, has plans to expand its capacity and add more employees here, the company’s head of Indian operations said.
“For us, India is a very important market. Our plan is to keep investing here. We will invest whatever the business needs. This year we hired 16 people and will be adding 10 to 15 people in the coming year,” Laurent Fournier, Managing Director, Sidel India told The Hindu.
“The demand for polyethylene terephthalate (PET) bottles will double in three years. Juices, nectars, still drinks, isotonics, teas (JNSDIT) and carbonated soft drinks (CSD) are growing fast. And this creates additional demand for our machines and solutions. We foresee that packaged milk will grow to be the biggest category in India and the potential is unbelievable,” Mr Fournier said.
“ We will cater to this market through local manufacturing and importing machines from our plants in Europe,“ he said.