Tops brand owner G D Foods investing Rs 450 mn in new plant, expansion work

G D Foods is expanding its coarse cereals portfolio due to rising demand from health-conscious consumers

G D Foods, the manufacturers and promoters of the Tops brand of processed food items, will invest almost Rs 450 million in its new and existing manufacturing plants. 

The investment kitty includes Rs 300 million to be pumped into the 30-acre greenfield facility in Uttarakhand, G D Foods Managing Director Nitin Seth told Business Standard in Lucknow, adding that the new plant would start production from March 2019 and be gradually scaled up to full capacity. 

Further, fresh investment will also be made in existing facilities located in Delhi, Uttar Pradesh, Punjab, Uttarakhand and Rajasthan. 

G D Foods is expanding its coarse cereals