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.”
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