Unilever opens new factory to produce Viva and Horlicks
View(s):Unilever Sri Lanka recently inaugurated a new Foods Factory at the Lindal Industrial Processing Zone in Sapugaskanda. The construction commenced during the economic crisis and reinforces Unilever Sri Lanka’s strategy to strengthen local manufacturing. This not only removes the pressure on forex but also offers nutritious food products to Sri Lankan households at affordable prices, the company said in a media release.
The factory will produce Unilever’s malt-based food drink brands Viva and Horlicks which were previously imported. The facility enjoys cutting-edge technology that guarantees high-quality, sustainability as well as efficiency. It will also generate local employment in the eco-system of businesses that serve the factory.
Ali Tariq, Chairman and CEO of Unilever Sri Lanka, said: “This investment in the country reinforces Unilever’s commitment to the Sri Lankan consumers and economic development. The brand range we will produce at the factory, will provide consumers access to nutritious products at affordable prices. Furthermore, the localisation of the production will generate employment, reduce foreign currency outflow as well as create production capacity for potential exports to other markets.”
Sunil Handunneththi, Minister of Industry and Entrepreneurship Development, chief guest at the event, said, “The investment made by Unilever Sri Lanka is a big step toward self-sufficiency in food manufacturing introducing global best practices. This facility will contribute to the Sri Lankan economy at a much-needed time by increasing local production, generating jobs, technology transfer, and sustainability.”
The new factory is the fourth addition to Unilever Sri Lanka’s local manufacturing sites. The other three are situated in the Horana BOI zone, Lindel Industrial Estate and Agarapathana. With this investment, Unilever Sri Lanka will manufacture 98 per cent of its volumes locally.
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