GD Foods to set up 15,000-tonne sugar mill for Rs 500 crore in UP

The company will use two-thirds of the production captively

GD Foods, the promoter of Tops brand of processed food items, said on Wednesday that it is investing Rs 500 crore in a greenfield sugar mill project in Uttar Pradesh.

The plant, which will have an annual sugar production capacity of 15,000 tonnes, will be operational before the end of 2020, GD Foods vice chairman Nitin Seth told Business Standard here.

“We have started talks with the state authorities for acquiring 50 acres of land for the proposed mill in the sugarcane rich belt of Saharanpur-Muzaffarnagar in Western UP,” he said adding the project would take around 12 months to complete after