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ITC to set up four food processing parks

24 Apr 2015 Evaluate

Diversified conglomerate ITC is exploring the possibility of setting up four food processing parks. In this regard the company will invest up to Rs 200-250 crore each in Tamil Nadu. The road show for its first global investors meet is scheduled in September this year.

ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

Peers
Company Name CMP
ITC 268.55
Godfrey Phillips Ind 1875.00
VST Industries 200.95
Indian Wood Products 38.67
NTC Industries 137.00
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