UK-based yeast and bakery ingredients maker AB Mauri is planning to invest more than Rs 400 crore in a greenfield project in Uttar Pradesh. The project, which is expected to generate employment opportunities for 5,000 people, will require nearly 65 acres of land in the arid Bundelkhand region of the state. Currently, the Indian arm of the UK major has production units in West Bengal, Maharashtra, Kerala and Karnataka.
The company has submitted a proposal to the UP government seeking an early allotment of nearly 65 acres of land, availability of raw material, water supply and other investment-related incentives. In