Britannia Industries Ltd.

BSE: 500825 | NSE: BRITANNIA
Large Cap | Consumer Food
5981.65
-19.10 (-0.32%)
< Home < Back

Britannia to invest Rs 100 cr in 2 new plants

Date: 06-09-2010

Britannia Industries (BIL) will invest around Rs 100 crore to set up a plant each in Bihar and Orissa to scale up production to cater to the growing market. BIL has applied to the Orissa government for 10-12 acres of land near the twin city of Cuttack and Bhubaneswar and expect to get a final nod on it within weeks.

The unit, to be built at cost of Rs 40 to 45 crore, will have an installed capacity to produce about 2,500 tonnes of biscuit per month. Besides this, the company is planning to start a plant in Bihar with an investment of Rs 40-45 crore.

crackcrack