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ITC to raise investment in integrated food park in Punjab to Rs 1,700 crore

17 Aug 2017 Evaluate

ITC has decided to further increase its investment in the integrated food park at Kapurthala in Punjab to Rs 1,700 crore. The food park would generate around 5,000 jobs for the people of the state.

The food park, for which the MoU was originally signed in 2013 will mark further expansion in the investments of ITC, which is already running three hotels in the state. The initial investment planned in the project was Rs 680 crore, which was subsequently, in 2015, enhanced to Rs 1,400 crore, which the company now plans to increase further to Rs 1,700 crore.

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.

ITC Share Price

306.30 -2.85 (-0.92%)
22-Apr-2026 13:13 View Price Chart
Peers
Company Name CMP
ITC 306.30
Godfrey Phillips 2176.00
VST Industries 263.00
The Indian Wood Pro. 33.80
NTC Industries 166.35
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