To be completed in the next 1-2 years in phases, the 0.12 million tonne (mt) annual capacity plant will initially have six production lines of biscuits, and one line each for cakes and croissants.
Last year, Britannia, whose main business segments are bakery and dairy, had entered into a joint venture (JV) agreement with Greece's Chipita S. A for manufacture and sale of ready-to-eat filled croissants.
These chutneys are available in different variants such as Delhi Chutney, Bhelpuri Chutney, Red Chilli Garlic Chutney, Samosa Chutney and Tamarind Date Chutney.
Fast moving consumer goods (FMCG) companies that buy the sweetener in bulk account for 70% of local sales of sugar. The April June quarter contributes more than 40% annual sales of the Rs.14,000 crore industry.
Capital Foods sells Ching's Secret brand of instant noodles, masalas, sauces and Smith & Jones range of ketchup and ginger garlic paste. Masalas contribute around half of the company's revenues.