Gujarat Ambuja Exports in MoU with Gujarat Government for a undertaking well worth Rs. 333 cr by admin- Tuesday, February 21st, 2023 03:34:03 PM
Gujarat Ambuja Exports entered into a Memorandum of Understanding with the Government of Gujarat to setup a 900 TPD Greenfield Corn Wet-Milling Plant at Himmatnagar, Gujarat.
The contemporary Manufacturing facility might have a capability of 550 TPD of Maize Starch Powder, 50 TPD of Malto-Dextrin Powder and 300 TPD of Feed Ingredients. The Greenfield Expansion is anticipated to be finished with the aid of 2025. The facility will be setup adjoining to the existing 550 TPD Corn Wet-Milling Plant. With this, the enterprise’s total Maize Processing capability will reach 6000 TPD via 2025. The price of the mission could be Rs 333 crores, which could be financed via internal accruals.
The MOU is problem to the important approvals and clearances from the concerned government.