Switzerland-based SIG considering investment in packaging plant in India
Business StandardThe construction time for a new SIG packaging plant is 12 to 18 months Switzerland-based aseptic carton packaging solutions provider SIG on Friday said it is considering a strategic investment in a new plant in India. "After opening our second plant in China and starting construction of a plant in Mexico for the north American market, India is our first priority for the next investment in a new packaging plant. The decision-making process is still ongoing, but we are very confident that we will be able to start building a plant in India in the near future," Samuel Sigrist, Global CEO of SIG Group, said. Sigrist will visit India next week along with a team which includes newly-appointed president and GM, Asia Pacific South, Angela Lu, and Samuel Dambreville, Director Cluster Asia Pacific South, the statement added.
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