Synthite
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Synthite is the world's largest producer of value added spices. It was established in 1972 and has since expanded its operations, launching new divisions and acquiring other companies. Synthite's vision is to be the partner of choice for clients worldwide by consistently delivering ingredients for food, health and fragrance solutions. It offers industrial and consumer products across various categories, and provides services including product development, process development, and toll manufacturing.
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PROPOSAL FOR NEW SPICE BUSINESS ( BUSSINESS PLAN).pdf
slide 1
INTRODUCTION
Indian cuisine and lifestyle are heavily influenced by spices
India is known as the "home of spices" and is the largest consumer, producer, and exporter of spices
India produces around 75 of the 109 varieties listed by the International Organization for Standardization
In the fiscal year 2022, the export value of spices from India exceeded 300 billion rupees
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Synthite
- 1. The world's largest producer of value added spices
- 2. C V Jacob Managing Director
- 3. THE STORY OF THE EVOLUTION OF SYNTHITE 1972 - Year of establishment. 1980 - Government of India recognizes Synthite as an Export House. 1985 -Launches Herbal Isolates (P) Ltd. for the manufacture of dehydrated green pepper, pepper in brine, sterilized spices and essential oils. 1986 - Launches Fragrance Division at Maradur, Coimbatore for the production of floral concretes and absolutes of Jasmine, Tuberose and Mimosa in technical collaboration with Cal-Pfizer, France. 1992 - Acquires Sijmak Oils Ltd, Calicut. It is now Synthite Calicut, an exclusive export-oriented unit, specializing in herbal extracts. 1994 - Becomes the first Indian company in the food sector to obtain ISO 9002 certification from BSI UK.
- 4. 2000 - Launches Synthite Exports Ltd. 2001 - Launches Natural Colour Division at Harihar. 2003 - Sets up wind mills at Udumalpettu, Tamil Nadu 2006 - Launches (i) Spice division, (ii) Aromco Flavour India Pvt Ltd, a joint venture with Aromco, UK and (iii) Symega Savory Technology Pvt Ltd, a joint venture with Omega, Austria. 2007 -Sets up Super Critical CO2 extraction plant for solvent free extracts 2010 - Goes global, sets up establishments in the US and in China 2013 - Commissioning of Capsicin production facility in Ongole, Andhra Pradesh and Lutein production facility at Coimbatore, Tamilnadu
- 5. MISSION AND VISION Vision "By consistently delivering the ingredients of success for the most exciting food, health and fragrance solutions, we will be the partner of choice to our clients worldwide."
- 6. MISSION Sustainable Growth: Grow smart, grow fast, grow together Innovation: Operational excellence powered by innovation Customer Service: Cultivate customers, care more. Enhance Value: For all stakeholders Making it a great place to work: Winning people through collaboration
- 8. INDUSTRIAL PRODUCTS By Category Value Added Spice Extracts (Oleoresins) Essential Oils Lutein and Marigold Green Spice Extracts Herbal Extracts Tea & Coffee Extracts Straights
- 9. BY APPLICATION Health & Nutrition Food and Beverage Personal Care Agriculture & Livestock
- 10. INDUSTRIAL SERVICES Product Development Process Development Application Solutions Analytical Solutions Sensory Solutions Toll Manufacturing Solution Finder
- 11. CONSUMER PRODUCTS Sprig Kitchen Treasures NatXtra
- 12. THE SYNTHITE DIFFERENCE Partner of choice believe in technology believe in innovation