Amrit Group plans foray into food processing

Details: Category: Food Processing

Amrit Group, a Kolkatta based group plans to invest Rs.3000 million to enter food processing segment in ready-to-eat and ready-to-cook segment. Currently, the company is operating in a similar category but in animal feed segment, where it receives 80% of its revenue. The company is also setting up a greenfield dairy unit (100,000 liters per day capacity)with an investment of Rs. 300 million . It has also plans to set up a meat processing plant in the near future. These investments will happen over a period of 3 – 5 years.