Dabur Investment Update; Tamil Nadu Tindivanam Manufacturing Unit | Dabur will invest Rs 400 crore in Tamil Nadu: MoU signed for manufacturing plant, 250+ people will get jobs

Fast-moving consumer goods (FMCG) company Dabur will invest Rs 400 crore in Tamil Nadu. The company has signed an MoU with the Tamil Nadu government to set up a world-class manufacturing plant in Villupuram district.

Tamil Nadu Industry Minister Dr. TRB Raja said- This Rs 400 crore investment by Dabur will create more than 250 jobs. More importantly, this will open up new opportunities for farmers in the surrounding delta region to sell the agricultural produce processed in this manufacturing plant.

He said Dabur is popular for its home care, personal care and juice products. Their decision to choose Tamil Nadu is a testament to our state’s thriving industrial ecosystem and the availability of ready labour force.

Dabur’s stock rose 12.25% in one year
Dabur’s stock rose by 1.87% today, it closed at the level of 646.20. Its stock has given a positive return of 5.93% in the last 5 days and 19.31% in 6 months. At the same time, Dabur’s stock has seen a rise of 12.43% in one year and 15.92% so far this year.

140 years ago the company started by making medicines in one room
Dabur India Limited was started 140 years ago in 1884 by Dr. S. K. Burman. Initially, Dr. Burman used to make medicines in a small house and deliver them to people who did not have access to health facilities.

With time, people’s trust in their medicines has continuously increased. Dabur Chyawanprash, Dabur Honey, Dabur Pudin Hara and Dabur Lal Tel along with Dabur Amla and Dabur Red Paste in the personal care category are some of the popular products of the company.