HospitalityBiz India
Hotels FoodService Operations Ministry Associations Equipment Editorial HR Technology Technology Advisory Board Community
Follow us on Facebook Follow us on Twitter instagram
    Home > F&B Overview > F&B
F&B

ITC opens INR 1,500 cr integrated food park in Kapurthala, Punjab

Friday, December 15, 2017, 17:00 Hrs  [IST]
HBI Staff | Mumbai

According to a Financial Chronicle report, ITC on Thursday, opened its largest integrated food manufacturing and logistics facility with the first-ever ‘wheat mandi’ unit to procure the grain from farmers, besides other FMCG units. The facility inaugurated by Punjab Chief Minister Amarinder Singh, spread across 8 lakh sq ft received an initial investment of INR 1,500 crore. 

Sanjiv Puri, CEO and executive director, ITC said the facility, when operational, will create direct employment of over 2,000 people, besides indirect employment throughout the value chain. “The grains would be weighed electronically with payment on the spot without handling charges so farmers would also save about 2%,” said Puri. 

The facility would help the farming community’s transition from traditional wheat-crop cycle to more lucrative crops, the Chief Minister said, adding such projects would be instrumental not only in saving the state’s crunched fertile land and water resources but also in boosting farm income. The plant will manufacture ITC’s popular food brands such as ‘Aashirvaad’, ‘Bingo!’, ‘Sunfeast’, ‘YiPPee!’ and ‘B Natural’, among others. The facility is part of the company’s plans to open 20 such food processing units pan-India with an investment of INR 10,000 crore.

 
Print News Email News Back
Bookmark to Add to NewsvineNewsvine Bookmark with del.icio.usdel.icio.us Digg ItDigg
Add RSS to Add to Google Add to My Yahoo! Subscribe with Bloglines Subscribe
 POST A COMMENT
* Name :    
* Email :    
* Message :  
   
 
CoverStory
Analysis
 
  H&R Johnson opens sixth Experience Store in India to service Customers, Architects & Designers as a one-stop-shop
  Beverly Wilshire launches Secret Rosé Garden for celebration of its 90th Anniversary
 
weekly
Receive the best of Hospitality content in your mailbox.
Weekly e-Newsletter
Events Calendar
Global Travel Mart for India
September 15-16, 2018, Vigyan Bhawan, New Delhi

FHRAI Annual Convention
September 20-22, 2018, Lucknow

Kerala Travel Mart (KTM)
September 27-30, 2018, Kochi, Kerala
Events
 
 
people
interview
newappoint
expert
© Copyright 2016 Saffron Synergies Pvt Ltd
HOME   |   ABOUT US   |   CONTACT US   |   FEEDBACK   |   DISCLAIMER   |   SITE MAP   |   ARCHIVES