FMCG sector projects by ITC Limited in Multi Location
Project Information
7005
ITC Limited
Cigarettes to consumer goods major ITC Ltd on Wednesday unveiled three major projects in West Bengal, where it is headquartered, which could mean an investment of nearly Rs 3,000 crore.
These projects involve two integrated consumer goods manufacturing facilities in Uluberia (400,000 sq ft) and Panchla (800,000 sq ft) and an information technology (IT) facility (2.7 million sq ft) in Rajarhat, near the state’s capital.
Earlier, while appreciating West Bengal chief minister Mamata Banerjee’s endeavour to attract investment, ITC chairman Y C Deveshwar had planned a total investment of Rs 4,500 crore, which included developing a 500-room hotel here.
Production of agricultural commodities from its plant in Uluberia is poised to start from May, while the other agro-processing unit in Panchla will commence operations by March 2017. The IT park, which includes a 140-key hotel and residential accommodation, will be completed in phases beginning 2018.
Project Value
INR 3000 Crore /-
Planning
Multi Location
West Bengal
India
FMCG
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