Gujarat Ambuja Exports has decided to put up a Green Field plant at Malda, West Bengal for 1000 TPD Maize Processing at an estimated cost of 300crores. The plant will manufacture Starch, Liquid Glucose and Sorbitol to cater to the requirements of Eastern part of the country and export markets of Bangladesh and South East Asian countries. The company has been allotted land admeasuring 66.85 acres at MIGC(Ph-II), Malda. The project shall be executed within a period of 2 years from now. With this initiative, the Company shall have manufacturing and marketing presence in North, West, South and East India and will establish it as a truly Pan India manufacturer in maize processing sector.
The second phase of the company's Chalisgaon, Maharashtra Maize Processing plant is progressing well and shall be completed in Q4 as per schedule. The first phase which had started commercial production in March this year, is currently operating at 80% capacity utilization.
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