The State to further boost the food processing sector

Telangana Govt announces investment commitments worth Rs 7,218 Cr during Food Conclave 2023 – Food Industry News

The inaugural Food Conclave 2023, hosted by the government of Telangana recently, attracted investments worth Rs 7218 crore leading to 58,458 direct employments in the agri-food industry in Telangana.

Patanjali Foods and Telangana State Co-operative Oilseeds Growers’ Federation agreed to invest Rs 1,050 crore each, towards setting up palm oil processing facilities in Telangana.

Additionally, Varun Beverages and Four Zero LLP will establish a beverage manufacturing unit with an investment of Rs 829 crore, while Jurala Organic Farms & Agro Industries signed an agreement to set up an ethanol plant with an investment of Rs 550 crore.

Modi Naturals will invest Rs 325 crore in setting up a distillery for ethanol and solvent extraction of rice bran oil, along with a refinery to process the oil. Masqati Dairy Products and Heritage Foods also plan to set up processing plants with investments of Rs 242 crore and Rs 150 crore, respectively.