Cargill India plans to set up Rs 100-cr feed plant in Punjab

NEW DELHI: Agriculture giant Cargill India today announced it was ready to establish a Rs 100-crore ultra modern feed plant in the Malwa belt in Punjab.

Company's top management conveyed this to Punjab Deputy chief minister Sukhbir Singh Badal during their meeting here. Badal assured of early clearances in setting up of the plant.

Cargill Country Head Siraj Chaudhary said the company required some land in the Malwa region for the feed plant which would have a capacity of 75,000 tonnes and would involve an investment of Rs 100 crore. Chaudhary said the plant would cater to cattle feed needs of the dairy industry in Punjab and Rajasthan.

The Cargill management evinced its interests to come with a high quality cattle feed processing unit, marketing unit for maize besides investing in milk sector with increasing production, quality and export.

He said the company was successfully running joint wheat procurement with Markfed in District Moga and was keen to expand its base in other districts also.