New Delhi, Nov 20 (UNI) With an investment of about four million dollars, Dabur India Ltd today commissioned its new manufacturing facility in Nigeria to provide a wide range of toothpastes for the African markets.
''The new manufacturing facility has been set up by African Consumer Care Ltd (AFCC), a subsidiary of Dabur International Ltd,'' a company statement said.
The production line at the new facility would be expanded to introduce newer toothpaste variants and manufacture a range of skin care, home care and household disinfectant products, it added.
Nigeria is today one of the fastest growing overseas markets for Dabur. ''We have already seen our business in Nigeria triple during the July-September quarter of 2007, and with this new facility in place, AFCC is confident of further boosting its presence in Nigeria and other neighbouring markets,'' said Dabur India Chief Executive Officer Sunil Duggal.
Nigeria is one of the world's most rapidly growing markets for FMCG products.
Spread over 2.5 acres of land, the construction of the manufacturing plant had commenced in August 2007. Currently, the plant employs between 60 to 70 people, which will be increased gradually up to 200 employees by 2010.
Dabur had forayed into Nigeria in 2004 with the setting up of African Consumer Care Ltd, a joint venture between Dabur International Ltd, which holds 90 per cent stake in the venture, and Dabur UK.
''Plan is afoot to enter the skin care and home care categories,'' the statement added.