Manpasand Beverages, India’s leading fruit juice player, has completed setting-up of its new manufacturing facility in the state of Haryana. Located in Ambala, the new facility will contribute additional 45,000 to 50,000 cases per day to Manpasand’s existing capacity of 120,000-125,000 cases per day.
The total investment for this facility was around Rs 160 core and has been financed though the IPO proceeds. In 2015, Manpasand had raised Rs 400 crore through an IPO and one of the primary objectives of this was setting-up a manufacturing facility at Ambala in Haryana.
With the Ambala facility in near operational phase, Manpasand has now five manufacturing facilities located in various parts of India - two at Vadodara in Gujarat, one in Varanasi, UP, one in Dehradun and the new one at Ambala in Haryana. The company is also planning to set up a new plant in South India in future.
| Company Name | CMP |
|---|---|
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| Nestle | 1285.65 |
| Britannia Inds | 5733.75 |
| LT Foods | 422.10 |
| Hatsun Agro Product | 979.20 |
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