Korea's Atomy plans to invest Rs 250 crore in india !!!!Do you know where..?
As foreign companies are frequently interested in starting businesses in india, the South Korean direct sales company Atomy has decided to set up a new factory in india with an investment of around Rs 250 crore. It has decided to set up a food and supplementary manufacturing plant with an investment of about Rs 250 crore. Atomy india has decided to export goods not only for indian trade but also for overseas markets through a factory to be set up in India.
Imtiaz Ali, managing director of Atomy india, said the company was currently looking for land in the NCR region to set up a factory. Atomy india has also announced plans to launch a global sourcing and global sales plan for a factory to be set up in india by 2022.
Ayurvedic products
Sheikh imtiaz ali also said that Atomy india plans to export Ayurvedic products from india to other parts of the world. Atomy india currently trades in 50 countries and traditional Ayurvedic products in india have the potential to go to these 50 countries.
Expected to get completed by 2025
We have chosen the NCR area as Atomy india wants to distribute goods across india through its newly set up factory. The factory project is expected to be completed by 2025 with an investment of Rs 250 crore.
Atomy, the 12th largest seller in the world, sells 426 items in South Korea. It sells about 63 products in the Personal Care, Living, Foods, and health Supplements segment in India.
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