- MoU’s signed during the Happening Haryana Global Investors’ Summitentailing total investment of INR 510 Crores
- Aimed at enhancing infrastructure at the respective bottling facilities and setting-up new manufacturing lines
- These investments will create additional direct employment for over 325 people
Kandhari Beverages Pvt. Ltd. and Enrich Agro Food Products Pvt. Ltd., authorized franchise bottlers of The
Organized by the Govt. of Haryana to boost the ‘Make in India’ initiative by the Hon. Prime Minister Shri. Narendra Modi, the “Happening Haryana Global Investors’ Summit” seeks to attract high value investment opportunities in the state. As a part of the MoU, Kandhari Beverages Pvt. Ltd. will invest INR 300 Crores to set up multiple high speed manufacturing lines for Juice, Energy and Sparkling drinks at Saha in Ambala. To be completed by 2018, the investment will generate additional employment for 150 people. Enrich Agro Food Products Pvt. Ltd, on the other hand, will invest INR 165 Crores to set up a new manufacturing line for beverages in Rohtak by 2018 & INR 45 Crores in a packaging unit for
The non-alcoholic ready-to-drink (NARTD) beverage industry is one of the largest investors in the country and has contributed significantly to the growth of allied industries thereby contributing significantly to the national GDP.
Mr. Bikram Kandhari, Executive Director of Kandhari Beverages Pvt. Ltd. said, “On behalf of the entire team at Kandhari Beverages, it gives me immense pleasure to announce this investment which will be utilized to enhance infrastructure in our bottling facilities and setting-up new manufacturing lines. The investment is rooted in the Government’s vision for the food processing sector and the role that the beverage industry can play in benefitting Indian farmers. It is also in keeping with Coca-Cola’s focus of providing more choice to the consumer.
Announcing the investment plan of INR 210 Crores in the state by his company, Mr. VPS Kandhari, MD of Enrich Agro Food Products Pvt. Ltd. said, “The beverage industry has played a critical role in integrating the farmers and millions of retailers. It also has strong backward and forward supply chain linkages, thereby creating a ripple effect across entire value chain. This investment will not only help us in augmenting our production capacity but also play a key role in contributing towards the social and economic well-being of the state.”
About Enrich Agro Pvt. Ltd. – Has been a franchise bottling partner of The
About Kandhari Beverages Pvt. Ltd. – It is headquartered in Chandigarh and has the franchise rights from The