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Lotte to invest Rs 550 crore to increase ice cream business in India
Food Processing - Oct 25,2023
South Korean food company, Lotte Confectionary, is expanding its presence in the Indian ice cream industry. It acquired Havmor Ice Cream Ltd for Rs 1,020 crore and is investing Rs 550 crore over five .

Foundation stone laid for coffee processing unit in Donwuru village
Food Processing - Oct 24,2023
Deputy Chief Minister Peedika Rajanna Dora laid the foundation for a Rs 3-crore coffee processing unit at Downuru village, marking the first public sector coffee processing facility in the nation. The .

GEF to invest Rs 600 crore in multiple oil refineries outside Hyderabad
Food Processing - Oct 17,2023
Gemini Edibles & Fats India Ltd plans to invest Rs 600 crore for an oil seed crushing facility and oil refineries near Hyderabad. The project, set to be completed in two phases, has been allocated 33 .

Andhra Pradesh CM lays foundation stones for various projects in the State
Food Processing - Oct 06,2023
Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy launched three projects virtually and laid the foundation for nine others from his Tadepalli Camp Office, totaling Rs 3,008 crore in value and pot .

Gujarat govt inks four more MoUs with industries for investments worth Rs 1100 crore
Food Processing - Oct 06,2023
The Government of Gujarat signed four MoUs ahead of the Vibrant Gujarat summit 2024, attracting potential investments totaling Rs. 1100 crore, with the potential to create 1190 job opportunities. Thes .

Godrej Agrovet to establish Rs 300 crore integrated palm oil complex in Telangana
Food Processing - Oct 03,2023
Godrej Agrovet Ltd (GAVL) plans to invest Rs 300 crore in Telangana to establish a palm oil complex over the next 3-4 years. This complex, situated on 125 acres in Khammam district, will include a cru .

Lotte expands factory near Chennai
Food Processing - Sep 29,2023
Lotte India, a subsidiary of Lotte Corporation, a Korean conglomerate, has invested Rs 185 crore to expand its Nemam facility near Chennai, focusing on Lotte Choco Pie production. This expansion aim .

SIG group to set up its carton plat in Ahmedabad, Gujarat
Food Processing - Sep 29,2023
Switzerland's SIG Group, a packaging solutions provider for companies like Pepsi and Coca-Cola, is investing €100 million in its first aseptic carton plant in Ahmedabad, Gujarat. The facility w .