Project Location : Gujarat, Gujarat |
Adani Wilmar and N K Industries have signed a joint venture agreement to set up a castor processing plant I Gujarat. A new company called "AWN Agro Ltd" will set up infrastructure to process 3000 tonnes of castor per day. It will produce second generation castor derivatives to compete with international products. Currently, India produces 1 million tonnes of castor seeds and garners 70% market share in global castor oil trade.