Investment in new facility INR 210 cr, to produce 400 million units by 2019
Mumbai, November 02, 2017: BIC Cello (India) Pvt. Ltd., India’s No. 1 brand and manufacturer of writing instruments, will set up its largest writing instruments facility at Vapi in Gujarat. The pens’ manufacturing unit will be BIC Cello’s largest and its parent company Société BIC’s largest stationary facility in Asia. The proposed factory at an approximate investment of INR 210 crore will have a built-up area of 30,000 square meters constructed on 28 acres.
The proposed facility is expected to become operational by end of 2018.
Ratanjit Das, General Manager, BIC Cello India said, “We at BIC Cello have an ambitious plan for India and are excited to locate BIC’s largest stationery manufacturing facility in Asia in Gujarat. This new facility will introduce world class manufacturing technologies to India and reinforce our position as India’s No. 1 writing instruments brand.
Currently, BIC Cello has 8 plants operational in India, of which 7 are located in Daman and 1 in Haridwar, Uttarakhand. These factories manufacture about 1.3 billion units of writing instruments per year. Post completion of Phase I in 2018, the new manufacturing unit in Vapi will produce over 400 million units of ball point pens and gel pens every year.
Corporate Comm India(CCI Newswire)