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Manpasand Beverages to invest Rs 600 crore to set up four new plants

09 Oct 2017 Evaluate

Manpasand Beverages is planning to invest Rs 600 crore to set up four new plants. Apart from doubling existing capacities to 30 lakh litres a day, the company will focus on ramping up presence in the eastern and southern regions, through new facilities. The company also intends to consolidate its position in key markets of North and West India.

In the South, the company is setting up a plant at Sri City in Andhra Pradesh; while plants will come up at Varanasi in Uttar Pradesh and Vadodara in Gujarat, respectively. These three plants will be operational over the next 12 months.

Manpasand Beverages is India’s only pure play beverage company with a flagship brand, ‘Mango Sip’.

Peers
Company Name CMP
Nestle India 1352.05
Varun Beverages 429.75
Britannia Industries 4886.00
LT Foods 410.50
Hatsun Agro Product 1126.80
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