<p>Global packaging solutions provider SIG will set up its first aseptic carton plant in India at Horizon Industrial Parks' facility in Ahmedabad.</p>.<p> SIG is partnering with Horizon Industrial Parks to set up its first aseptic carton plant in India, according to a company statement.</p>.FSSAI asks food vendors, consumers not to use newspapers for food packaging.<p> Horizon Industrial Parks is a logistics platform in India, owned and managed by Blackstone Real Estate funds.</p>.<p> The current portfolio comprises 17 industrial and logistics parks spread across more than 1,000 acres and with a development potential of 25 million square feet, which are in eight key markets in India.</p>.<p> "Horizon Industrial Parks will develop a build-to-suit facility to support SIG's manufacturing of aseptic carton packs for beverages and food," the statement said.</p>.<p> Of the 9,00,000 square feet of production space currently under construction, 8,00,000 square feet will be dedicated to SIG.</p>.<p> "By building this plant, we are reaffirming our commitment to this thriving market, where we've seen tremendous demand for our high-quality products and services,' Samuel Sigrist, CEO at SIG, said.</p>.<p> "We are focused on creating a customised facility that helps SIG serve its customers with the best quality material. This partnership is an important step towards supporting the government's mission of building high-quality manufacturing infrastructure and job creation," Urvish Rambhia, a Principal at Blackstone Real Estate, said.</p>.<p> Preliminary construction started in September 2023. The Ahmedabad-based facility will be fully functional by 2025. The plant is expected to reach a production capacity of up to 4 billion packs per year and to create hundreds of jobs for the local communities.</p>.<p>Founded in 1853, SIG is headquartered in Neuhausen, Switzerland, and is listed on the SIX Swiss Exchange.</p>
<p>Global packaging solutions provider SIG will set up its first aseptic carton plant in India at Horizon Industrial Parks' facility in Ahmedabad.</p>.<p> SIG is partnering with Horizon Industrial Parks to set up its first aseptic carton plant in India, according to a company statement.</p>.FSSAI asks food vendors, consumers not to use newspapers for food packaging.<p> Horizon Industrial Parks is a logistics platform in India, owned and managed by Blackstone Real Estate funds.</p>.<p> The current portfolio comprises 17 industrial and logistics parks spread across more than 1,000 acres and with a development potential of 25 million square feet, which are in eight key markets in India.</p>.<p> "Horizon Industrial Parks will develop a build-to-suit facility to support SIG's manufacturing of aseptic carton packs for beverages and food," the statement said.</p>.<p> Of the 9,00,000 square feet of production space currently under construction, 8,00,000 square feet will be dedicated to SIG.</p>.<p> "By building this plant, we are reaffirming our commitment to this thriving market, where we've seen tremendous demand for our high-quality products and services,' Samuel Sigrist, CEO at SIG, said.</p>.<p> "We are focused on creating a customised facility that helps SIG serve its customers with the best quality material. This partnership is an important step towards supporting the government's mission of building high-quality manufacturing infrastructure and job creation," Urvish Rambhia, a Principal at Blackstone Real Estate, said.</p>.<p> Preliminary construction started in September 2023. The Ahmedabad-based facility will be fully functional by 2025. The plant is expected to reach a production capacity of up to 4 billion packs per year and to create hundreds of jobs for the local communities.</p>.<p>Founded in 1853, SIG is headquartered in Neuhausen, Switzerland, and is listed on the SIX Swiss Exchange.</p>