Britannia Industries is shutting down its iconic Taratala factory in Kolkata, established in 1947. Discover what this closure means for the company and its dedicated workers.
All 150 workers at the Taratala factory have accepted Voluntary Retirement Scheme (VRS) packages, ensuring a smooth transition and fair compensation for everyone.
The factory's age made its operations economically unviable. But don’t worry, the closure won’t significantly impact Britannia or the state’s revenue!
Britannia is saying goodbye to older factories and hello to new, state-of-the-art facilities with higher production capacities. Exciting times ahead!
The Taratala factory land lease runs until 2048, but its future use remains uncertain. What plans does Britannia have up its sleeve for this valuable site?
Britannia is investing ₹300-350 crore in a new facility in Bengal. This significant move shows Britannia’s commitment to modernizing its production capabilities in the state.
Despite the closure, Britannia remains strong in Bengal with a contract manufacturing unit near Dankuni. Bengal is a crucial market, generating over ₹900 crore in revenue.