McCain Foods is planning to invest USD 69 million to expand its potato processing plant in Mehesana in Gujarat. The company has signed an MoU with the state government during the recent Vibrant Gujarat Summit in 2012. The company has initiated process with contract farmers to increase potato cultivation in the nearby
Tamil Nadu government is planning to set up 13 fish processing park in the state. Initially, it will set up parks in Cuddalore and Nagapattinam coastal district of the state with an investment of Rs. 370 million. The move is to save wastage in fish due to unhygenic storage and practices. The park will be set up under public-private partnership basis.
Desai Fruits and Vegetables is planning to invest Rs. 600 million towards infrastructure facilities to meet the rising demand in European markets. The company will expand its cold storage facilities, besides improving its sorting machines, package machines. It is also planning to rope 2500 farmers in Navsari district for contract farming of banana. It plans to export 3 lakh tonnes of premium banana from existing 60,000 tonnes.
Agro Tech Foods Ltd, the Indian subsidiary of Con Agra Foods Ltd is planning to set up 3 more food processing plants in India. Currently, the company has 2 plants in Kashipur in Uttarakhand and 1 in Hyderabad. It is setting up a peanut butter processing plant in Gujarat besides two other plants with an investment of Rs. 1000 million. The company owns brands like - Sundrop and Crystal in edible oil segment and Act II in popcorn.
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