Apex Agro plans to invest on food, cold storage units |
By e4p Correspondent, Friday, September 18, 2009, 15:59 Hrs [IST] |  |
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Category: Food Products | Tags: Apex Agro Food Products, Apex Encon Projects, onion irradiation plant | Share:  |
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Apex Agro Food Products, a subsidiary of Apex Encon Projects, plans to pump in Rs 150 crore over the next four-five years for setting up food processing units, cold storage plants and other infrastructure across the country.
The company is setting up a food processing unit at Saluru in Srikakulam district of Andhra Pradesh at an outlay of Rs 25 crore. The unit is likely to have a 15,000 tonne capacity cold storage and will commence operations by March 2010.
Apex Agro has bought two old units - one each at Hyderabad and Ahmadnagar in Maharashtra. The company plans to spend Rs 40-50 crore on both these units.
Meanwhile, plans are afoot to set up an onion irradiation plant in Nashik for process and export of onions.
Source : ProjectsToday
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