Tata Chemicals (TCL), part of $100 billion Tata Group, is setting up two facilities in Andhra Pradesh and Gujarat to manufacture soluble dietary fibres and silica with an investment of Rs 565 crore.
The Rs 10,650 crore chemical major said that it had signed a memorandum of understanding (MoU) with the government of Andhra Pradesh on January 27, to seal a Rs 270 crore investment plan wherein a state-of-the-art biotechnology unit will be set-up in Nellore district for the manufacturing of soluble dietary fibres with cutting-edge health benefits.
Additionally, investments of Rs 295 crore have also been approved to set up a
