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Foundation laid for first maize processing park

Fiinews by Fiinews
July 8, 2017
in Industry Sectors, Investment, Manufacturing, Punjab, Technology
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Construction starts on food processing park.

Badal at the foundation stone laying of maize processing park.
Food Processing Industry Minister Harsimrat Kaur Badal has laid the foundation stone for First Maize-based Mega Food Park in Kapurthala, Punjab on 7 July, 2017.

The Park will leverage an additional investment of about Rs.250 crores in 25-30 food processing units in the park and generate turnover of Rs.450-Rs.500 crores annually.

The Park on 55 acres is being built with an investment of Rs.123.7 crores with a grant of Rs.50 crores by Ministry of Union Food Processing Industries.

It is designed to have Multipurpose Cold Storage of 3, 000 Metric tonnes, Individually Quick Frozen (IQF) and Deep Freezer 1 Metric Tonne/Hour capacity, Sorting and Grading Yard of 2,000 sqm and Food Testing Lab.

In addition to that, the Park promoter is to set up an Anchor Unit with an investment of Rs.105 crores for processing 500 tonnes of maize a day. fii-news.com

Tags: Ministry of Food Processing Industries
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