Jain Irrigation Systems’ arm to set-up ultra modern orange processing plant at Amravati

02 Jan 2017 Evaluate

Jain Irrigation Systems’ subsidiary - Jain Farm Fresh Foods, has joined hands with Hindustan Coca Cola Beverages, the bottling arm of The Coca Cola Company, to set up a ultra modern orange processing plant at Amravati in state of Maharashtra. The plant with a capacity to process 500 MT of oranges per day and spread over 100 acres, will be set up with an investment of Rs 150 crore.

Hindustan Coca Cola Beverages is partnering the company in this project and apart from participating in the agri-extension project as an equal partner, they will buy-back 100% of the orange juice and orange juice concentrate that will be manufactured at this plant.

Jain Irrigation Systems is an agri-business company, engaged in manufacture of plastic products, and manufacture of fruit or vegetable juices, their concentrates squashes and powder. Its segments include Hi-Tech Agri Input Products, Industrial Products and Non-conventional Energy.

Jain Irrigation Sys Share Price

33.25 -0.20 (-0.60%)
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