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Rexam to invest £100m in two new beverage can plants in India

DBR Staff Writer Published 13 February 2015

British beverage can maker Rexam is planning to invest around £100m in the construction of two plants in the Indian states of Andhra Pradesh and Rajasthan.

Rexam line

The proposed plants, to be located in Sri City in Chittoor district of Andhra Pradesh and in Jaipur, Rajasthan, will each see £50m in investment, reports The Hindu BusinessLine.

The company bought lands for the construction of the projects.

Rexam Africa, Middle East and Asia sector director Craig Jones was quoted by the publication as saying: "These investments will support and enable us to take advantage of the continued exciting growth of the beverage can in India.

"Having plants in different locations across the country will ensure we have a better footprint and position to meet the needs of our customers in the region over the long term."

The Sri City plant will become operational by the second half of 2016, which will be followed by the Jaipur plant.

Both of the plants will create 150 local jobs, according to the company.

Rexam employs nearly 8,000 people and operates 55 plants in 20 countries.

The company offers beverage cans packaging solutions comprising aluminum and steel cans for carbonated soft drinks, beer, and energy drinks.

It operates in Europe, Africa, the Middle East, Asia, North America, and South America.

Image: Rexam operates 55 plants in 20 countries. Photo: courtesy of Rexam PLC.