Amul to invest Rs 250 crore in odissa for dairy industry | Franchise Mart

Amul to invest Rs 250 crore in odissa for dairy industry

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amul

Breaking News India,Franchise News India, Bhubaneswar,Gujarat Cooperative Milk Marketing Federation Ltd (Amul) announced to invest around Rs 250 crore in dairy sector in Odisha during the World Food India – an international mega food festival at New Delhi on Saturday.

Odisha is the second biggest market for Amul in India. Currently there is a supply gap of 30 lakh liters per day of milk in Odisha,” said managing director of Amul, RS Sodhi. He was speaking at a seminar on ‘Opportunities for Food Processing in Odisha’ held on the sidelines of World Food India 2017.

Apart from Amul, several other companies in food processing industry expressed their interest in investing in Odisha. INDO-Nissin Foods disclosed their plans to expand their capacity from this existing plant at 12 tons per day. Similarly, Keventer Agro Ltd expressed its intent to set up a unit for maize processing, promote Banana cultivation and set up a food processing laboratory in the state.

TATA Global Beverages Ltd has also shortlisted Odisha as the potential location for setting up of a tea packaging unit over 20 acres of land with an investment of Rs 40 crore and employment to 400 people. AGT Foods, along with their co-promoters based in Canada said it want to make an investment of Rs 250 crore near Paradeep in food processing unit.

“Odisha got overwhelming response at the World Food India Expo and encouraging investment offers from various national and international food companies,” said MSME secretary LN Gupta.



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One Response

  1. good going, we need it.thanks.

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