Investment for this new facility is approximately Rs 170-180 crore.
Manpasand Beverages, a fruit juice manufacturer, has set up a new manufacturing facility in the state of Uttar Pradesh. The company has invested approximately Rs 170-180 crore for setting up this facility.
This facility will lead to the capacity addition of 45,000 to 50,000 cases per day from its existing capacity of around 2,25,000 cases per day.
The company said, “The new facility is located in Varanasi. We propose to focus on manufacturing our existing range of products. With this, we will be better positioned to cater to the markets of North and East India."
In the effort to drive volume, Manpasand Beverages had earlier said that it would invest Rs 1,500 crore to set up 10 new manufacturing plants in the country by 2020.