IFB Agro Industries has received approval from board of directors to set up an aquafeed plant at Balasore, Odisha at an estimated capex of Rs 45 crore having capacity of around 42000 MT. The company has also received approval for manufacturing of value-added marine products in Vietnam for export markets. The Board of Directors in its meeting held on March 25, 2023 has approved the same.
IFB Agro Industries is primarily engaged in the business of manufacturing alcohol, bottling of branded alcoholic beverages as well as processed marine foods both for domestic and export markets.
