You are here: Home » News-CM » Companies » News
Business Standard

Gujarat Ambuja Exports update on expansion projects in Malda and Chalisgaon

Capital Market 

has decided to put up a Green Field plant at Malda, Bengal for 1000 TPD Processing at an estimated cost of 300crores. The plant will manufacture Starch, Liquid Glucose and Sorbitol to cater to the requirements of Eastern part of the country and export markets of and East Asian countries.

The company has been allotted land admeasuring 66.85 acres at MIGC(Ph-II), The project shall be executed within a period of 2 years from now. With this initiative, the Company shall have and marketing presence in North, West, and East and will establish it as a truly Pan manufacturer in processing sector.

The second phase of the company's Chalisgaon, Maharashtra Processing plant is progressing well and shall be completed in Q4 as per schedule. The first phase which had started commercial production in March this year, is currently operating at 80% capacity utilization.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, December 14 2018. 15:11 IST