Comments
Karnataka-based MK Agrotech Private Limited is setting up a 750 tonne a day capacity sunflower oil production facility in Kakinada in Andhra Pradesh. The company is looking at an investment of ₹350-400 crore in the project.
The company, which sells Sunpure brand of sunflower oil, is in advanced stage of setting up and commissioning a 750-tonne-a-day facility in Bengaluru with an investment of ₹350 crore.
“It will be operational in the next few weeks. We are setting it up to take care of our expansion in Andhra Pradesh and Telangana,” Mallikarjun Peri, National Sales Head of MK Agrotech, has said.
The company has a capacity of 18,000 tonnes of oil a month. Each tonne gives revenue of ₹90,000.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.