India Procurement News Notice - 64730


Procurement News Notice

PNN 64730
Work Detail Japan-based Takasago International India, among the leading flavour and fragrances companies globally, has major expansion plans in India as it expects strong growth in the country led by new market opportunities. Takasago has its own facility in Chennai for research and development (creation), marketing and manufacturing of flavours and fragrances products. The plant has a capacity to produce 20,000 tonne annually and the firm plans to bring Japanese technology to offer a differentiated experience to Indian consumers. Earlier this month, Takasago set up its International India Fragrance Centre in Mumbai, comprising fragrance research, creation and development and sensory evaluation of the fragrance products in an R&D set-up. The company will collaborate closely with local fragrance experts, perfumers and consumers, and plans to explore the use of sustainable or ethically sourced ingredients in fragrance creation at this centre. The Japanese firm has joined hands with FMCG companies in India to provide unique fragrance and flavour for their brands. Its customers include multi-national, large Indian business houses and MSME players. The company uses fragrance ingredients as mandated by International Fragrance Research Association (IFRA), and stringent internal quality standards it follows. Operating on annual contracts for sourcing several aroma ingredients from the country, it is now pursuing know-how transfer with key suppliers in India. Takasago’s flavours are used in frozen desserts, beverages and ice creams, gums, confectioneries, and processed foods (frozen foods, soups, condiments, among others), as well as other processed food materials. Its fragrance products are used in soaps, detergents, perfuming agents, as well as related products. Chemicals include menthol, ingredients such as musk, among others.
Country India , Southern Asia
Industry Construction
Entry Date 17 Apr 2024
Source https://www.projectstoday.com/News/Japanese-firm-Takasago-plans-growth-led-expansion-in-India

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