MoneyWorks4Me

Integra Essentia acquires industrial land for establishing manufacturing facility in Haryana

05 Dec 2022 Evaluate

Integra Essentia, as a measure of backward integration, in line with its pre-defined long-term objectives of having its own manufacturing/food-processing unit, has identified and acquiring 7.66 Acres Industrial Land in strategically located Hissar district of Haryana.

The Industrial land shall cost approximately Rs 24.5 crore, to be paid in phased manner, and to be funded substantially by internal accruals and promoters’ financial assistance. The company has carefully selected the location of this land considering the objectives of expanding the operations in the core business segments of Agro Products and Infrastructural Sectors as it is situated close to the fast-growing consumption centres of north India and not only have ample availability of resources be it raw-materials, man-power, infrastructure needed for large scale operations but also provides readily available market for the company’s products.

Integra Essentia is a Delhi based company engaged in business of Life Essentials i.e. Food (Agro Products), Clothing (Textiles and Garments), Infrastructure (Materials and Services for Construction and Infrastructure Development) and Energy (Materials, Products and Services for the Renewable Energy Equipment and Projects) and many more Products and Services required to sustain the modern life.

Peers