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FMCG Giant Britannia Industries to set up Rs1,000 crore Largest plant in Maharashtra

India’s driving FMCG Company Britannia Industries would set up its biggest plant in a food park at Ranjangaon.

“We are intending to set up our biggest plant at the Ranjangaon food park in Maharashtra”, Chairman of Britannia Industries Nusli Wadia told investors at the organization’s AGM here today.

Wadia said the recreation center would have the biggest bread rolls fabricating plant with six lines, alongside cake and risk.

He said that the proposed JV plant with Greek organization Chipita would be likewise be situated there, including that it would stream from June 2018.

Wadia said that the organization was additionally intending to set up a journal extend at the sustenance stop with a limit of seven lakh liters for every day.

Identifying with the Chipita JV, Wadia said Indian buyers would be acquainted with another assortment of croissants.

Wadia said that the concentration of the organization would be ventures on new items for further cost cutting and saving.

He said throughout the most recent three years, the organization had possessed the capacity to expand piece of the pie year on year.

Remarking on the principal quarter comes about, he said that net benefit had ascended regardless of an extreme year because of demonetisation.

Wadia said rural expansion and development had been in two fold digits.

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