At its location in Pune, India, the first construction stone has been laid in an expansion plan that will double its capacity in the country to a space of 4,033 square meters.
Economic growth
The processing and packaging specialist said India is expected to post GDP growth of 8 per cent this year, and government estimates suggest this will increase to double digit levels in a couple of years.
As the economy grows, the packaged and branded food sector is expanding along with demand for processing and packaging equipment.
Oystar, which has a big prescene in the dairy market, said: “Processing in the dairy segment is increasing with the introduction of branded yoghurt, cheese and other such products.”
Bigger workforce
To meet the higher demand that this growth is bringing, Oystar is increasing its workforce in India as well as its physical capacity. Hassia Packaging currently employs 70 people and expects to hire 30 more as the building work in Pune is completed.
Christian Korte, president of the dairy business unit at Oystar, said: “With this increase in capacity we will enhance our manufacturing expertise in India. In doing so we are also ensuring further successful growth on the Asian markets.”
Hassia Packaging, a wholly-owned subsidiary of the Oystar group, became operational in India in 2000.
It manufactures packaging machines for the food and chemical industries from its facilities in Pune. These include machines for filling and sealing preformed cups as well as plants with volumetric and load filling systems for filling products into pouches and bags, glass, cups and cans. The filling ranges are between 25 g and 50 kg.