04 July 2013 10:39 [Source: ICIS news]
LONDON (ICIS)--International distributor Caldic has set up a new business unit in Mumbai, India, as part of its growth strategy in emerging markets, it said on Thursday.
Caldic India will focus on chemical as well as food distribution handling as a full service distributor for mainly the chemical, pharmaceutical and food markets, the Netherlands-based company said.
“The Indian economy is one of the fastest growing economies in the world,” Caldic said in a statement.
“A large demanding domestic market and a highly skilled workforce are factors for Caldic to open up a new market beyond its current core strengths in Europe, Asia and North America.”
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections