Jain Irrigation gets Rs 84cr mango pulp order

Jain Irrigation Systems has bagged its largest order of Rs 84 crore from Hindustan Coca Cola Company for supply of mango pulp. Coke bottles a mango beverage under the brand name Maaza.

According to an official release issued by the Jain Irrigation to the BSE today, the mango pulp business is expected to exceed a turnover of Rs 160 crore this year based on additional export orders in hand. The entire order will be processed in the current mango season. It expects the Fruit & Vegetable Processing Division to register more than 50% growth in the current financial year.

The company has five plants for fruits & vegetables in the vegetable processing in India and one in the USA. It expects to process in excess of 75000 MTs of mangoes in the current season registering 60% growth in amount of quantity processed.

It is a major supplier to many MNCs and to global leading beverage & food brands and has emerged the largest processor of fruits & vegetables from India, the release said.

It will continue to invest to expand product range and to strengthen backward linkage with farmers so as to become major supplier of frozen, aseptic and dehydrated fruit & vegetable products, the release added.