Himachal Pradesh-based food processing company Himalya International today said it eyes exports worth Rs 200 crore by next year to brands like McDonalds and Subway from its newly set-up Gujarat facility.
"We plan to export processed milk products and other vegetables worth Rs 200 crore from the Vadnagar plant by next year. We will soon start selling French fries and other processed food to brands like McDonalds and Subway," Himalya International Chairman and CEO Manmohan Malik said.
The BSE-listed firm last week announced commencement of production at its Rs 160-crore food processing plant at Sultanpur in Mehsana district of Gujarat.
The plant will provide direct jobs to 1,500 person and indirect employment to around 5,000 local residents, he said.
The company has tied up with about 10,000 Gujarat farmers for contract farming and will produce mushrooms and processed potatoes, besides processing milk to produce cheese sticks and frozen yogurt at this facility, he added.
Besides, he said the company plans to "start hydroponic farming and produce lettuce and strawberries at the plant as well."
According to the company, the plant will initially have an annual production of 12,000 tonne mushrooms, 6,000 tonne mozzarella cheese, 9,000 tonne yogurt, 27,000 tonne appetisers and 27,000 tonne of French fries.
Malik said they aspire to increase the export target to Rs 600 crore annually.
