Thai food conglomerate CP Group to invest in Uttar Pradesh agribusiness

UP eyeing Rs 50 billion investment in dairy, agro sectors

Thai agribusiness and food conglomerate CP Group is looking to invest in the poultry and cattle/animal feed segments in Uttar Pradesh.

Another leading agro company Fresco has evinced interest in the state dairy processing sector, UP principal secretary dairy and animal husbandry Sudhir M Bobde told Business Standard here.

“The agro-business companies including Cargill and CP Group are bullish on the North Indian states, including Uttar Pradesh, Rajasthan, Haryana and Punjab, especially in the feed business for cattle, fish and poultry,” he said.

“Based on the talks with companies and their proposals, we have projected total investment of almost Rs 50 billion in