Rs.1200 Cr worth investment MoUs signed :KTR

NewDelhi Nov 5: In a move to ensure more jobs are being created in the state.The Telangana state has signed MOUs with various companies to invest Rs 1200 crore in the food processing sector and the MOUs were signed in presence of Telangana Industries minister KTR during the 2nd day of World Food India.

# Prayagh Nutri Products Firm to set up a unit at Shadnagar with an investment of 55 crores.

# Nutrimmense Foods & Supplements Company to process
300,000 liters of milk every day in Telangana.

# Snack brand Bikanerwala to establish a food processing unit in Medak.

Other companies such as Kanoria Group (Annapoorna Foods), Karachi Bakery, Blue Craft Agro, Sampri Group, Cream Line Dairy and Pushya Foods, etc have also signed MOus to invest in the state

Officials said that 4000 people would be employed directly and 20,000 more people indirectly and these investments would benefit 45,000 farmers in the state.