homebusiness NewsVersuni India inaugurates manufacturing facility at Ahmedabad, pledges over 1,000 jobs

Versuni India inaugurates manufacturing facility at Ahmedabad, pledges over 1,000 jobs

According to the company's statement, it will create 1,000 jobs in the next three years, which will be a mix of direct and indirect employment. These positions will span various fields including engineering, manufacturing, logistics, quality control, and administrative roles.

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By CNBCTV18.com Jan 4, 2024 2:31:32 AM IST (Published)

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Versuni India inaugurates manufacturing facility at Ahmedabad, pledges over 1,000 jobs
Versuni India, formerly known as Philips Domestic Appliances, has opened a new factory at Ahmedabad in Gujarat, where it will manufacture airfryers and garment steamers. Though the company has not shared the amount which it has invested so far but said the current capacity of the Ahmedabad plant is 5,00,000 Air fryers in phase 1 and 2,00,000 Garment Steamers which is scalable to 1 million pieces.

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It will create 1,000 jobs in the next three years, which will be a mix of direct and indirect employment. These positions will span various fields including engineering, manufacturing, logistics, quality control, and administrative roles.
The company's global CEO Henk S. de Jong and India CEO Gulbahar Taurani were present on the occasion. Versuni, in a statement, said that this marks the company's "unwavering commitment to India's potential as a high-growth market."
The facility's focal point will be the production of flagship products, including the widely acclaimed Philips Airfryers and Garment Steamers, aligning with evolving consumer preferences in India.
In its first phase, the factory boasts an annual capacity of 500,000 AirFryers, and in the subsequent phase, it aims to produce 200,000 Garment Steamers, with potential scaling to one million pieces per year to meet growing business demands, the company said.
“The inauguration of our Ahmedabad factory exemplifies Versuni’s dedication to India as a strategic growth market. Today, around 70% of the products marketed to Indian consumers are produced in the country, and we aim to increase this to 90% in the coming years with the strategic decision to open a new factory in Ahmedabad,” Henk de Jong, CEO of Versuni, said.

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