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Manpasand Beverages will set up a plant at Sri City in Tamil Nadu at an investment of ₹150 crore, the company said in a press release. With summer round the corner, the fruit drink manufacturing company is eyeing to make the most of the ongoing cola ban in the State. Sitting pretty with a network of dealers catering to demand in the southern markets and selling its products through around 8,000 retail stores across the country, the company now plans to set up more manufacturing units in Vadodara, Varanasi and eastern India.
Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Ltd., does not guarantee the accuracy, completeness or reliability of information contained herein and shall not be held responsible.
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Install two more production lines in a phased manner in the existing premises at Palakkad, Kerala.
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