• Friday, April 19, 2024

Business

Mondelez Launches Global Technical Centre In India With £11.53 Million Investment

MDLZ’s new state-of-the-art facility in Thane, India is part of its $65 million investment in its technical center network that will accelerate growth and innovation (Photo: Mondelez International, Inc).

By: Radhakrishna N S

Mondelēz International inaugurated its newest global technical centre at Thane in India’s Maharashtra state. The India technical centre has been set up with an investment of $15 million (£11.53m) and will support new products and technologies for the company’s global brands in chocolate and beverages. The technical centre will also focus on improving consumer science, packaging and productivity. This is part of the company’s strategy to invest $65m in developing a global network of state-of-the-art technical hubs strategically positioned around the world, supporting a growth-oriented innovation agenda. “Our mission at Mondelez International is simple to offer consumers the right snack,…

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