Givaudan, the Swiss manufacturer of flavours and fragrances, is set to invest around Rs368 crore (55 million Swiss Franc) in a new facility at Ranjangaon near Pune.
The facility is expected to open by early 2018 and will employ some 100 people, the company said in a statement.
It further added that the Ranjangaon facility will complement Givaudan’s existing plant in Daman.