Topic “FDI” — Exporter Magazine
Tetra Pak already has a manufacturing site in Pune but it has been in operation for nearly 14 years and is reaching its full capacity of 5 billion packages. The new Pune plant will have an initial annual production capacity of 8.5 billion packages, with the potential of increasing to 16 billion packages. Multinational conglomerate General Electric (GE) will invest more than USD$2 billion (NZD$2.54 billion) through 2012 in China to set up joint ventures with Chinese companies and expand its innovative capacity in the country, according to ChinaDaily.com