Mother Dairy today announced the setting up of a 25,000 tonnes per year integrated food and vegetable processing plant in Ranchi with an estimated investment of Rs 75 crore.

Jharkhand Chief Minister Raghubar Das today laid the foundation stone for the proposed integrated processing plant to be constructed in the Nagdi Block of Ranchi. This would be Mother Dairy Fruit and Vegetable Pvt Ltd’s first fruits and vegetable (F&V) processing plant in eastern part of the country India and second overall. “The total capital outlay for this project is estimated to be Rs 75.65 crore and the government subsidy as per Jharkhand industrial policy will be applied for it and our assessment is about Rs 14-15 crore,” Mother Dairy said in a statement.

http://www.business-standard.com/article/pti-stories/mother-dairy-to-set-up-rs-75-cr-processing-plant-in-ranchi-116021100400_1.html

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