VIR Foods signs MoU with Punjab govt for food park

Image
Press Trust of India Chandigarh
Last Updated : Apr 04 2014 | 4:11 PM IST
City-based VIR Foods today said it has signed a memorandum of understanding with the Punjab government for setting up a mega food park at Derabassi in Mohali district.
The Derabassi food park, which would be set up under the public private partnership (PPP) mode, is estimated to attract Rs 250 crore from 10-20 processing units that are expected to come up on this park, VIR Foods said in a statement.
VIR Foods has experience in food processing and infrastructure development. It has two processing units and also exports basmati rice under the brands -- Nature Gold, Royal Taste of India, Sajda and Kinjal.
*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: Apr 04 2014 | 4:11 PM IST

Next Story