KOCHI, India, Jan. 7 /PRNewswire/ -- India headquartered Vallabhdas Kanji
Limited (VKL), Asia's largest spice processor, has commenced processed pepper
shipments from its Vietnam plant.
A 100% owned subsidiary of the Indian Company, VKL Vietnam Ltd, was
incorporated in Dec 2006 and has achieved commercial shipment in less than 12
months' time.
The facility is located in the 'Vietnam-Singapore Industrial Park II' in
Binh Duong Province, 60 Kms north of Ho Chi Minh City. This industrial park
has an international community of investors. The VKL plant is state-of-the-
art, top-of-the-line and PLC-operated, with in-line steam sterilization
capability.
With the Vietnam facility, VKL becomes the only processor with steam-
sterilization capability in the two major pepper origins.
According to VKL's Managing Director, Ajay Mariwala, a Chemical Engineer
from Purdue University, USA and a Management graduate from the Sloan School of
Management, MIT, USA, "Vietnam today is the world's largest black pepper
producer -exporter. The commissioning of this plant, in close proximity to
Vietnam's major black pepper growing areas, gives VKL the advantage of
continuing to deliver its customers across the world the best pepper products
at the most competitive pricing. This is another step towards completing our
Global Delivery Model of being closest to raw material sources as well as to
customers. More steps in this direction are planned ... and these would
fructify our vision of being The Food Ingredients Supplier of Choice to the
global food industry."
Expressing satisfaction on the time-bound commissioning of the plant, Mr.
J V Mariwala, Chairman, VKL, said: "It will help VKL achieve its growth plans
and its commitment to delivering enhanced value to all its stakeholders".
ABOUT VKL:
VKL is part of the USD 150 million Kanji Moorarji Group, headquartered in
India.
Established in 1935 and credited with establishing global standards in
black pepper VKL is a leader in the global spice trade. VKL has a customer
base that includes Fortune 500 companies and spans 40 countries.
Over the last 3 years, the Company has entered three new lines of business
- seasonings, private-label and flavors & fragrances.
VKL is a key supply-chain and ingredient solutions partner to leading fast
food, snack-food, processed food, RTE (ready to eat) and other food segment
companies.
VKL also does private-label packing of spices & seasonings for some of the
premier overseas retail and food-service Companies.
In India, VKL operates four manufacturing facilities out of Cochin and
Mumbai and has 100% owned subsidiaries in the US, Germany and Vietnam, with
plans to add more.
A leading India based venture fund, UTI - VF, invested in VKL in 2006 and
the partnership has provided added thrust to VKL's growth plans.
The Company will look at an acquisitions led strategy to rapidly grow its
global presence and revenues.
For more information on VKL & its products please visit:
www.vklspices.com.
SOURCE Vallabhdas Kanji Limited
Ajay Mariwala, Managing Director of Vallabhdas Kanji Limited, +91-484-3077777,
+91-484-3077778, +91-484-3077779, ajm@vklspices.com
