Hotline: 1800 102 2007
Search Business Opportunities
Sep, 15 2014

Merino’s Ready to eat segment to open its manufacturing plant in Gujarat

The plant is expected to be operational from 2017 with an investment of Rs 50 crore.

Vegit, the ready-to-cook brand by Merino industries is planning to set up its manufacturing plant up in Gujarat with an investment of Rs 50 crore.

"We are looking at a second manufacturing plant in Gujarat with an investment of Rs 50 crore, operational by 2017," Prakash Lohia, MD, Vegit told PTI.

The company is in talks with Gujarat Government officials for finalising the land for the new plant.

Lohia said that apart from new plant, the company also plans to raise production capacity of potato flakes at its existing plant at Hapur in Uttar Pradesh by 50 per cent to meet growing demand.  Vegit will raise production capacity to 12,000 metric tonnes from current 8,000 metric tonnes by March 2015.

The group is also planning to add six new variants of snack mixes to the current range of nine. The company said it also plans to increase its retail presence by 25 per cent by adding 1,250 more stores to its 5,000 pan India outlets.

Vegit has a wide array of products starting from the flagship products Aloo Mash (Potato Flakes) to Indian snacks like Burger Patty, Aloo Tikki, Aloo Bonda, Soya Rolls, Cheese Balls, Hara Bhara Kebabs, Shammi Kebabs and Veg cutlets along with recently launched Pav Bhaji mix. 

Related opportunities
  • Medical Spas/Med Spas/Medi Spas
    About Us:  We are Baby Spa, a first of it’s kind..
    Locations looking for expansion telangana
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size
    Space required 3000
    Franchise Outlets Less than 10
    Franchise Type MultiUnit
    Headquater hyderabad telangana
  • Ice creams & Yogurt Parlors
    About Us: Bombay Kulfis set up their base in July 2016..
    Locations looking for expansion Andhra pradesh
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hyderabad Andhra pradesh
  • After School Activities
    About Us: Cogitus is a higher order thinking after school program..
    Locations looking for expansion Jharkhand
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required 120
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ranchi Jharkhand
  • Others Food Service
    About Us: Kake Di Hatti, an iconic eatery located in the..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2009
    Investment size Rs. 20lac - 30lac
    Space required 900
    Franchise Outlets 20-50
    Franchise Type Unit
    Headquater Delhi Delhi
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities