June 29, 2018
Georges Monin SAS, French company, known for flavoured syrups for use in foods and beverages, is planning to set up a unit in Telangana.
The 106-year-old French company Georges Monin SAS is a global leader in gourmet flavour business. It manufactures syrups, sweeteners, fruit purees and other beverages. The company manufactures a line of coffee and tea concentrates as well. With its headquarters in France, Georges Monin’s products are available in more than 140 countries.
An MoU was signed between Jayesh Ranjan, Principal Secretary, IT & Industries, and Olivier Monin, President, Georges Monin SAS, in the presence of Industries Minister KT Rama Rao.
With an investment up to Rs.100 crore, Georges Monin SAS will set up production facilities in Telangana to manufacture gourmet flavours from a wide range of fruits, vegetables, flowers and nuts.
The unit is expected to generate more than 200 direct and indirect employment opportunities in the State. The Telangana government is encouraging food processing sector in the State with objectives of increasing farm incomes and reducing food wastage.