KCP Biotech Limited, part of the Chennai-based KCP group with business interests in the diverse areas of cement, heavy engineering, sugar and hydel power, is setting up a manufacturing facility at Shapoorji Pallonji Biotech Park at Shamirpet on the outskirts of the city with an initial investment Rs 5 crore.
Initially, KCP Biotech plans to produce natural food colours and enzymes in collaboration with Central Food Technology Research Institute (CFTRI), Mysore.
