Amul To Invest RS 250 Crore in odisha

Gujrat Co-operative Milk Marketing Federation Ltd (Amul) has decided to invest about Rs 250 crore in the dairy sector of Odisha.

Gujarat Co-operative Milk Marketing Federation Limited's Managing Director RS Sodhi said “currently there was a supply gap of 30 lakh litres of milk per day in Odisha. State was the second biggest market for Amul in the country”.

Mayank Jalan, MD of Keventer Agro Ltd, during his meeting with the Odisha delegation said “their intent to set up a unit for maize processing, promote banana cultivation and set up a food processing laboratory in the state.”

In the seminar, the representative of the TATA Global Beverages Ltd said that it had shortlisted Odisha as the potential location for setting up of a tea packaging unit over 20 acres of land with an investment of 40 crore and employment to 400 people.

The state MSME Minister Prafulla Samal, who was present in the seminar, had said food processing was a focus sector for the state. In order to promote the industry, Odisha had chalked out food processing policy, developed mega food parks at Deras and Rayagada and single window facilitation for investors.

Odisha's Additional Chief Secretary, MSME, L N Gupta said that with 10 agro climatic zones and 480 km long coastline coupled with surplus production of cereals, rice and vegetables, the state offered an enormous opportunity for food processing industry.