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Britannia Industries to invest Rs 94 crore for expansion at Odisha plant

23 Jul 2021 Evaluate

Britannia Industries is all set to invest Rs 94 crore for the expansion of its manufacturing plant in Odisha's Khurda district to cater to the growing demand for its products across multiple categories. This expansion will increase its capacity by 85 percent from the current 35,000 metric tonnes to 65,000 metric tonnes per annum.

The new capacities will be operational by October 2022 and enable the company to increase the production of its core brands including Marie Gold, Vita Marie Gold.

Britannia Industries, one of the India’s biggest brands of the country. More-than-a-century old Britannia has launched big brands in FMCG Segment.

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
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