Confectionary major Britannia Industries is planning to invest about Rs 300 crore in its proposed greenfield plant in Uttar Pradesh.
The company, which clocks annual revenues in excess of Rs 9,000 crore, is already scouting for land in Central UP for its proposed factory.
The project is expected to generate direct and indirect employment opportunities for 1,500 people, and enrich the local supply chain of sugar and flour, which are available in abundance in the state.
UP additional chief secretary (infrastructure and industrial development) Alok Kumar told Business Standard in Lucknow on Tuesday that Britannia had submitted a proposal to