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Himachal firm to invest Rs.130 crore in Gujarat

Category :India Sub Category :National,Business
2009-08-11 00:00:00
   Views : 416

Shimla, Aug 11 - Himachal Pradesh-based frozen food manufacturer Himalya International has plans to invest Rs.130 crore in a new unit in Gujarat, a top company official has said.

'We will invest Rs.130 crore in the agro-food processing facility in Mehsana in Gujarat. For this, the government has initially allotted 22 hectares,' Himalya chairman Manmohan Malik told IANS.

Work on the Gujarat facility will begin this month, with commercial production slated to commence by September next year. The unit will produce ready-to-eat products made of vegetables, frozen mushrooms, mozzarella cheese, yogurt and various appetizers.

'The products will be marketed both in the domestic and overseas markets,' added Malik, whose company is also listed on the Bombay Stock Exchange.




Author :Indo Asian News Service



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