MoneyWorks4Me

Britannia Industries sets up greenfield manufacturing facility in Assam: Report

19 Jul 2018 Evaluate

Britannia Industries has reportedly set up a greenfield manufacturing facility in Rampur, Assam at an investment of Rs 200 crore. The company has already two manufacturing units in Assam with a production capacity of 30,000 tonnes annually. In the three units in Assam, the company has invested around Rs 350 crore.

The Rampur facility will produce a various range of Britannia products with a production capacity of 60,000 tonnes of biscuits annually. This unit is going to cater extensively in Assam and the north-eastern states.

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..