Business Standard

Wednesday, January 08, 2025 | 05:45 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Emami to invest Rs 1,000 cr to boost edible oil biz

After buyouts of Kesh King & Rasoi, it is looking to buy assets in the space

(From left) Sudhakar Desai, CEO, Emami Agrotech Ltd and Aditya V Agarwal, Director, Emami Group at the launch of Emami Healthy & Tasty edible oil in Mumbai (Photo: Suryakant Niwate)
Premium

(From left) Sudhakar Desai, CEO, Emami Agrotech Ltd and Aditya V Agarwal, Director, Emami Group at the launch of Emami Healthy & Tasty edible oil in Mumbai (Photo: Suryakant Niwate)

Arnab Dutta New Delhi
The Kolkata-based Emami Group, which has interests in fast-moving consumer goods to real estate, will invest Rs 1,000 crore over the next few years to ramp up its edible oil business. It has allocated Rs 800 crore to build three manufacturing units in Jaipur (Rajasthan), Kandla (Gujarat) and JNPT (Maharashtra). The rest will be spent on advertisement and promotion of its premium brand — Healthy and Tasty, said Aditya Vardhan Agarwal, director, Emami Group.

Currently, Emami produces soybean, sunflower, rice bran, palm and mustard oils in its two plants located in Haldia (West Bengal) and Krishnapatnam (Andhra Pradesh) and

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in