Cargill India today annouced that it was ready to contruct a Rs 100-crore feed plant in the country. The feed plant would be located in the Malwa belt in Punjab and would have a production capacity of 75,000 tonnes per annum.
Top management of the company conveyed this message during a meeting with Punjab Deputy Chief Minister, Sukhbir Singh Badal, in New Delhi on Saturday. Badal assured of early clearances in setting up of the plant.
Cargill Country Head, Siraj Chaudhary, said that Cargill required land in the Malwa region for the feed plant. He said that the feed mill would supply feed for cattle and the dairy industry in Punjab and Rajasthan.
The Cargill management revealed its desire to design a high-quality cattle feed processing plant, marketing unit for maize besides investing in milk sector with increasing production, quality and export.
Chaudhary said the company was jointly proccuring wheat with Markfed in District Moga and was keen to expand its base in other districts also.
Badal also invited the top management of Cargill to the uncoming 'Investment Promotion Summit' due to be held by the Punjab Government on the 9-10th of December.
Cargill started its operations in India in 1987, and the company presently employs more than 2,000 employees working in offices and plants across the country. The company currently operates 4 feed mills in the Southern part of the country, and 2 feed mills in the North.