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Britannia Industries plans to set up agro-processing plant in Andhra

08 Sep 2015 Evaluate

Britannia Industries is planning to set up an agro-processing facility in Chittoor, Andhra Pradesh. In this regard, the company will commission the Phase I of the project in Chittoor district with an investment of Rs 125 crore by the end of 2016.

The company is focusing on agriculture and allied activities - horticulture, livestock, fisheries, dairy and poultry whose estimated growth rate for 2015-16 is 24 per cent with Rs 1.87 lakh-crore against Rs 1.43 lakh-crore in 2014-15.

Britannia, one of the India’s biggest brands of the country, has a market share of over 33%. More-than-a-century old Britannia has launched big brands in FMCG Segment. The company is expanding its customer base by launching new products and renovating existing ones.

 

Peers
Company Name CMP
Nestle India 1331.00
Varun Beverages 441.70
Britannia Industries 4802.00
LT Foods 413.65
Hatsun Agro Product 1135.85
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