Apex plans food processing unit in Vizag

Details

Category: Food Processing

Apex Encon Projects Private Limited a Delhi based company is setting up a cold storage and food processing unit at Saluru near Visakhapatnam with an investment of about Rs 200 million. The company is already into defence food processing and packaging. It has around 370 acres of land at Saluru where they  cultivate vegetables and market under ‘farmers fresh’ brand. It will get Rs. 100 million as subsidy from Centre and Rs.70 million from financial institutions and Rs.30 million from promoters.

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