Caldic sets up subsidiary in India
Dutch distributor of food ingredients and chemicals Caldic is continuing its growth in emerging mark…Dutch distributor of food ingredients and chemicals Caldic is continuing its growth in emerging markets through the creation of Caldic India. Based in Mumbai, the new entity will focus on chemical as well as food distribution handling as a full service distributor for mainly the chemical, pharmaceutical and food markets.
Caldic notes that the Indian economy is one of the fastest growing economies in the world. A large demanding domestic market and a highly skilled workforce are said by Caldic to be the factors driving it to open up a new market beyond its current core strengths in Europe, Asia and North America. Caldic India would, said the company, leverage its global partnerships and knowledge in the chemical and food sectors and bring unique products and innovative services to Indian customers.
This move, according to the company, allows Caldic’s principals access to a new customer base alongside a trusted partner in chemical and food ingredient distribution.
“Caldic looks at India as an important and strategic growth market and it is with this belief that we have decided to have a direct presence with the establishment of Caldic India, headquartered in Mumbai, the commercial capital and chemical hub of India,” said the company’s O.C. van Caldenborgh.
“As a result of increased globalisation, both customers and suppliers are looking out for a professional and responsible partner in India,” said the managing director of Caldic India, D. Grover. “Caldic India is committed to long term market development and growth of our Indian operations by developing partnerships with customers and suppliers that are looking for added value services and sufficient growth opportunities for their products”.
