Integrated food park attracts Rs 150 cr investment in K'taka

Image
Press Trust of India New Delhi
Last Updated : Nov 03 2017 | 8:13 PM IST
Around Rs 150 crore investment has been committed by four companies for setting up of units at an integrated food park in Tumkur district, Karnataka.
The investment was committed at the ongoing World Food India event, said Future Consumer CEO (food parks) Sanjay Malpani.
"Rs 150 crore investment has been committed by four companies which include Saroj Agro, DG Agro and Nilgiris," Malpani told PTI.
He further said: "We have currently 20 units in the food park."
Tumkur, Karnataka based Integrated Food Park Private Limited (IFPPL), is a partnership of Kishore Biyani-led Future Group and the Ministry of Food Processing of India.
It is equipped to support the industry in processing, value addition, post harvest facilities and technical assistance to farmers and entrepreneurs.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 03 2017 | 8:13 PM IST

Next Story