In a bid to promote oil palm cultivation, Ruchi Soya, leading FMCG firm planning to set up a processing plant in Odisha at a cost of Rs 30 crore. Under a tripartite agreement with Odisha government and farmers, Ruchi Soya has exclusive rights to procure Fresh Fruit Bunches (FFB) of oil palm from farmers. The company will initially set up 10 tonnes per hour FFB processing mill. Ruchi Soya is India's largest manufacturer of edible oil.
Project Value
INR 30 Crore /-
Conceptual Stage
Odisha
India
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