Japan's top egg producer ISE Foods keen to invest $275 million in Odisha

The firm seeks to build a complete, integrated ecosystem for egg production, with poultry farm, post harvest management, feed mill factory and skilling unit

Odisha’s food processing sector, one of the six focus sectors listed in its industrial policy statement of 2015, has got a major boost with a Japanese investment in the offing.

ISE Foods Inc, Japan’s leading egg producer, is in talks with state government officials to invest $275 million (approximately Rs 17 billion) on a slew of projects.

With an annual turnover of Rs 30 billion, the Tokyo-based firm is keen to develop a complete, integrated ecosystem for egg production, including a poultry farm, post harvest management, feed mill factory and facility for training & skill development. All the projects need about 100