Babanraoji Shinde Sugar and Allied Industries will take up sugar factory expansion project in Turkpimpari, Solapur, Maharashtra. The estimated cost of the project is Rs 550 million. As of March 2020, environment clearance for the project is underway. The project involves expansion of sugar factory 5000 to 6000 TCD & […]
Food Processing
Magadh Sugar & Energy has decided to set up a distillery unit with a capacity of 75 klpd at Sidhwalia in Gopalganj district of Bihar. The project, which will entail an investment of Rs 158.60 crore, will be funded through both bank loan and internal accruals. Magadh Sugar & Energy […]
These are some of the key projects added in New Projects Tracker portal last week. NPT portal is widely used by firms engaged in Engineering Consultancy, EPC contracting, Industrial Supplies and Services, Professional Services and Financial Services to identify sales opportunities IMR Resources India’s New Steel Plant IMR Resources India […]
The Union Food Processing Ministry said that grant-in-aid of Rs 67.29 crore has been sanctioned for 10 projects worth Rs 301.54 crore under the ‘Agro Processing Cluster Scheme’ of the Ministry’s Kisan SAMPADAYojana. A decision in this regard was taken at a meeting of the Inter-Ministerial Approval Committee chaired by […]
Avanti Frozen Foods is planning to take up a shrimp processing expansion project in Yerravaram, Yeleswaram, East Godavari, Andhra Pradesh. The project is estimated to cost Rs 411 million. As of March 2020, the company has received consent from the State pollution control authorities to establish the project. The project […]
The government has okayed 32 projects in the food processing sector leveraging an investment of Rs 406 crore under the Pradhan Mantri Krishi Sampada Yojana (PMKSY). According to an official statement, these projects are spread in 17 states and aim to create employment for 15,000 people. They were cleared under […]
Siddhi Sugar And Allied Industries is setting up a molasses-based distillery unit at Mahesh Nagar, Latur in Maharashtra. The company has appointed Vasantdada Sugar Institute as consultants for the project and fund for the same will be made through bank loan and internal accruals. As of February 2020, expansion of […]
Banas Dairy has laid foundation stone for a new dairy plant which will have capacity to process 30 lakh litres per day (LLPD) milk. The facility will come up at Sanadar taluka in Banaskantha’s Deodar district. The new unit will be spread over 50 acres land. According to Banas Dairy’s […]
Biscuit major Britannia is delaying its capital expenditure, as volume growth remains low in its biscuits and bakery business because of weak consumer spending. In a post-earnings call with analysts, the company’s managing director Varun Berry said, “We have reduced wastage in the system and tightened our fixed costs. We […]
Chennai-based Hatsun Agro Product Ltd is planning to set up India’s largest ice cream manufacturing facility at Sangareddy district of Telangana. The company will commence commercial operations in October 2020. According to a statement, Hatsun will be setting up its unit with a capital investment of Rs 207 crore and […]