Thailand's Srithai to set up plant in Gujarat.

Thailand's melamine tableware maker Srithai Superware said it will set up a manufacturing unit in Gujarat that will start production early next year.

Chairman and president of Srithai Superware Sanan Angubolkul said the company sees huge growth potential in Indian markets and plans to set up four plants over the next years.

'We entered in the Indian markets in 2009. Since then we have registered an impressive growth,' said Angubolkul adding the local units would give the company much needed boost.

He said the Gujarat unit would require an investment of Rs. 50 crore and provide employment to around 400 people.

BS