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New food park for Pune

Section Investment Pune
Posted on Wed Jan 10, 2007 at 09:25:35 PM EST

11/10/2002 - Chordia Food Products of India is to create a new food park near the city of Pune at a cost of some Rs1 billion (€20.9m) over the next seven years.

According to a report from Business Line, the 100-acre park is designed to help small and medium-sized food processing companies in the area compete on a level playing field with the bigger players.
Pradeep Chordia, director of the Chordia Food Park, told Business Line that the first two years would see a total investment of around Rs120 million, with five boutique companies, five small-scale producer and one or two medium-sized firms leasing the first few units.
Chordia said the Ministry of Food Processing had already sanctioned the food park status to the project and had contributed Rs40 million to develop various facili
Source: ProductionDaily.com

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