Cargill to broaden India portfolio, invest Rs 15 bn in coming years

Cargill has set up a storage facility for grains and oilseeds in Karnataka and a part of its future investments will go towards expanding the company's storage capacity

Cargill India is expanding its presence in the country and has prepared a plan to broaden its portfolio, which includes aqua feed and aqua premix, animal feed, plant for transfer fuels, strengthening edible oil brand, corn wet milling, and cocoa products for catering to the needs of chocolate making companies. Around Rs 15 billion in investments has been committed by its parent for the Indian market over the next few years. 

Cargill is already supplying cocoa products like cocoa powder, cocoa butter and cocoa liquor to global chocolate giants. Cargill is also exploring investment in the cocoa and chocolate space