ITC, the Indian consumer goods giant, has announced that it has inaugurated a new state-of-the-art food manufacturing and logistics facility in Kapurthala, in the state of Punjab, India. According to sources, the new plant, which is spread over 72 acres of land, will boost the Punjab’s food processing sector and help to strengthen the state’s economy. As well as generating employment, the company claimed in a statement that the facility …
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ITC, the Indian consumer goods giant, is set to expand its manufacturing operations with the opening of a consumer goods facility in Odisha (Orissa), according to a report in the Economic Times. The 700,000 sq ft plant, located in the Khordha district, will produce goods under brands such as Aashirvad (spices, dried ready meals and baking aids), Bingo! (savoury snacks), Sunfeast (biscuits) and YiPPee! (noodles and pasta). The facility is part …
ITC, the leading Indian FMCG firm, has announced that it will expand its offering by launching its first dairy product – ghee – by the end of Q3 this year. The company has built a milk processing plant in Munger, in Bihar – where it has a network that covers more than 2,800 dairy farmers with an average procurement of over 10,000 litres per day – and is already investigating …
ITC Ltd has plans to invest Rs 1,000 crore ($160 million) in the dairy and juice businesses in the first quarter of 2015, according to a report in the Economic Times. The expansion will reportedly involves setting up new production facilities in Munger, Punjab,Uttar Pradesh, Maharashtra, Telangana and Andhra Pradesh. While ITC’s foray into juice began earlier in the year with the acquisition of the Be Natural brand for about …
ITC, India’s largest cigarette manufacturer, has announced that it is intending to expand its business by moving into the electronic cigarettes market, the Economic Times reports. According to company chairman YC Deveshwar, ITC is in conversations with government to develop a framework under which its range of e-cigarettes can be launched. Mr Deveshwar said that by the time it was established that e-cigarettes were less harmful than standard products, the …
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