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Emami Agrotech plans ₹400 crore Bengal food park, targets IPO after food scale-up

Emami Agrotech plans a Rs 400 crore food park in West Bengal and Rs 750 crore snacking investment as it expands packaged foods. The edible-oil arm is targeting an IPO after food operations scale and improve valuation.

Newer report , , Business Standard : Emami Agrotech enters packaged snacks with WeMe, plans ₹750 crore investment

Reported figures

From the report. Source details below

  • 22 acres of land sought for the food park
  • 3-4 acres sought for a new Kolkata headquarters
  • 4,000 direct and indirect jobs
  • Rs 20,000 crore edible-oil business

The source

Source Read the source at ET Small Business

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