Thailand-based Charoen Pokphand (India) Pvt. Ltd. signed a memorandum of Understanding (MoU) with Punjab government to invest Rs. 571.2 crore for establishing its five modern units in the field of Poultry and Pig Farming in the state.
Disclosing this here today a spokesperson of the Chief Minister’s office said that a delegation of Charoen Pokphand (Thailand) Company led by its Vice-Chairman Chaiyaporn Montha called on the Punjab Chief Minister Parkash Singh Badal here today apprised Badal that their company has planed to invest Rs 571.2 crore in Punjab.
The company would establish its five units namely a Feed Mill (Rs. 120 crore), a Hatchery (Rs. 24 crore), a Breeding Farm (Rs 102 crore), a Broiler Farm (Rs. 324 crore) and a Swine Farm (Rs. 1.2 crore) in the state, adding Montha informed that the CP Group was intend to commence commercial production by the year 2014 and complete the proposed investment by the year 2018.
