Patanjali Foods Ltd and Telangana State Co-operative Oilseeds Growers’ Federation will invest ₹1,050 crore each to set up palm oil processing facilities in Telangana.
These are among the ₹7,218 crore worth of investment proposals that came up during the day-long conference organised by the Telangana government.
As many as 28 companies signed memoranda of understanding (MoUs) with the government at the conference.
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Amul identifies land in Telangana to set up milk processing plant with a capacity of 5LLPD
To be located at Vargal near Hyderabad, the plant will also make value-added productsVarun Beverages Ltd and Four Zero LLP will set up a beverage manufacturing unit with an outlay of ₹829 crore, while Jurala Organic Farms & Agro Industries signed an agreement to set up an ethanol plant with an investment of ₹550 crore.
“Modi Naturals Ltd will set up a distillery for ethanol, solvent extraction of rice bran oil, and a refinery to process the oil with an investment of ₹325 crore. Masqati Dairy Products and Heritage Foods will invest ₹242 crore and ₹150 crore respectively to set up processing plants,” an official of Investment Telangana said.
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