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Cognis India

This article was originally published in The Rose Sheet

Executive Summary

Fifteen months after opening a liaison office in India, specialty ingredient supplier launches a Mumbai-based affiliate in the country, which it says "will continue to grow Cognis' business in India and highlights the importance of this region." In 2008, the firm's sales in India grew roughly 30%, according to May 18 release. Establishing the liaison office last year "helped Cognis gain a greater understanding of the Indian market, as well as enabling it to anticipate developments there more quickly. It has also helped strengthen relationships with existing customers, distributors and suppliers, identified and initiated new business opportunities, and raised awareness of Cognis' products and services in local markets," the company says, noting that it will continue to seek growth in the country via local sourcing and production opportunities. With operations in 30 countries, Cognis booked sales of approximately $4.14 bil. in fiscal 2008
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