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Monday, March 1, 2010

FieldFresh Foods to invest Rs 200 cr in India operations

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FieldFresh Foods, a joint venture between telecom-to-retail major Bharti Enterprises and the Del Monte Pacific arm, DMPL India, is looking to invest Rs 200 crore in setting up its first manufacturing plant in India as well as getting into backward integration.
FieldFresh Foods to start work on processed foods plant
Sanjay Nandrajog, CEO, Field Fresh Foods, said, “We are investing Rs 100 crore in setting up a manufacturing unit in Hosur in Tamil Nadu. We are also investing in increasing yield of fruits and vegetables in Ludhiana in Punjab and Maharashtra.”
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