BUSINESS

French firm sets up Indian subsidiary

CHENNAI: Robertet, one of the largest manufacturers of fragrances and flavours and headquartered in Grasse, France, has set up a wholly owned subsidiary in India to tap the vast potential of the Indian market. While its business units, raw materials and fragrances, have already begun operations, the flavour unit is yet to become operational. The subsidiary will enable the parent company to service the existing international client base in India. Robertet has a consolidated turnover of 200 million euros, according to a company release.

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