03 December 2013

Mondelez International to invest $190 million in Andhra Pradesh, India

Deerfield, Ill. - 02 December 2013 - Mondelez International announced plans to invest $190 million in the Indian state of Andhra Pradesh to establish the company's largest manufacturing plant in Asia Pacific. The 134-acre multicategory food campus in Sri City will have annual capacity of 250,000 tons in the end state and will be the largest chocolate manufacturing plant in India. The first phase of the project is expected to be completed by 2015.

"This investment in India is part of our ongoing supply chain reinvention plan," said Daniel Myers, Executive Vice President, Integrated Supply Chain. "We're implementing a number of initiatives around the world to capitalize on the growing demand in emerging markets while also aggressively reducing costs and improving productivity. We're pleased with our progress in the regions where we've already begun to invest."

"Over the last three years, we've invested nearly $200 million to expand existing operational facilities in India," said Manu Anand, President, India and South Asia, Mondelez International, and Managing Director, Cadbury India. "We're delighted to partner with the government of Andhra Pradesh on this new investment, which will help us build on our success in India and drive long-term business sustainability. We expect this model plant to set examples in production efficiency, energy savings, emission reductions and community involvement."

Cadbury India Ltd., part of the Mondelez International family of companies, operates in five categories — Chocolate, Beverages, Biscuits, Gum and Candy. In Chocolate, Cadbury India maintains undisputed market leadership. Some of the company's key brands inIndia are Cadbury Dairy Milk, Bournvita, 5 Star, Perk, Bourneville, Celebrations, Halls, Eclairs, Tang and Oreo. The company currently has six manufacturing plants located in Himachal Pradesh, Maharashtra, Karnataka, Madhya Pradesh and Andhra Pradesh.

Mondelez International, Inc. (NASDAQ: MDLZ) is a global snacking powerhouse, with 2012 revenue of $35 billion. 

Source: Mondelez International