Don’t miss the latest developments in business and finance.

Cargill's cattle feed plant to go on stream in a year

Agro-processing major Cargill India today said it will commence production of its Rs 70 cr cattle feed plant in Punjab within one year

Image
BS Reporter Chandigarh
Last Updated : Feb 26 2014 | 8:49 PM IST
Agro-processing major Cargill India today said it will commence production of its Rs 70 crore cattle feed plant in Punjab within one year. Punjab Deputy Chsief Minister Sukhbir Singh Badal on Wednesday laid the foundation stone of Cargill's green field cattle feed project here.

Speaking on this occasion, Cargill India Chairman Siraj Chaudhry said the plant would start production in a year, while praising the state government for giving fast approvals and clearances for the proposed project.

Badal said, "Cargill India's latest investment with this environment friendly plant will put the state on a global map with other leading model dairy regions the world over. "This initiative will equip local farmers with latest knowhow and help in implementing a reliable supply chain for dairy processing."

Cargill India was one of the companies which promised to invest in the state during the Punjab Investors summit last year.

More From This Section

First Published: Feb 26 2014 | 8:06 PM IST

Next Story