MoneyWorks4Me

Britannia planning to set up largest plant in a food park in Maharashtra

07 Aug 2017 Evaluate

India’s leading FMCG Britannia Industries is planning to set up its largest plant in a food park at Ranjangaon in Maharashtra. The park would have the largest biscuits manufacturing plant with six lines, along with cake and risk.

The proposed JV plant with Greek company Chipita would be also be located there and it would on stream from June 2018.

The company was also planning to set up a diary project at the food park with a capacity of seven lakh litres per day.

Britannia Industries, 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 1382.00
Varun Beverages 435.55
Britannia Industries 4937.00
LT Foods 430.10
Hatsun Agro Product 1155.55
View more..