ITC inaugurates Rs.450 Cr. Integrated Food Manufacturing & Logistics Park in Telangana
TELENGANA : FMCG giant ITC Ltd has set up an integrated food manufacturing and logistics facility at an investment of Rs 450 crore at Medak district in the state.
Spread over nearly 59 acres of land, the food processing facility, which is equipped with end-to-end digital infrastructure, has a built-up area of 6.5 lakh sq ft where ITC will produce foods brands such as Aashirvaad atta, Sunfeast biscuits, Bingo chips and Yippee noodles, among others, in phases.
ITC said that in line with its efforts to scale up women’s participation in the workforce, the Medak facility will employ 50% women at the overall factory level.
ITC Ltd Chairman Sanjiv Puri, who was present at the inauguration of the facility by Telangana IT and Industries Minister Shri KT Rama Rao, said ITC has been strengthening its footprint in Telangana across all three sectors of agriculture, manufacturing and services.
He said ITC’s investment in the food processing sector in Medak is poised to add value to the state’s manufacturing sector and support inclusive agri value chains.
“Encouraged by the immense potential that the state offers, we have invested in a world-class Integrated foods manufacturing and logistics facility here in Medak. This unit will also be a flag-bearer of sustainability given the multi-dimensional initiatives that will support sustainable and inclusive growth as well as promote extensive use of renewable energy,” Puri said.
The Medak unit, which has been certified as a platinum-level green building by the Indian Green Building Council (IGBC), will be powered by clean energy generated by rooftop solar energy modules. It also has scientifically designed rainwater Harvesting system to ensure reduced reliance on groundwater and considerably reduced impact on the environment.
ITC said its significant presence in Telangana includes two of the company’s largest paper manufacturing plants at Bhadrachalam and Bollaram. On the agri-business front, the company has been working closely with farmers in Telangana on crop development with special focus on staples like rice, maize, millet and spices like chilli and turmeric and exports a substantial amount of food safe spices procured from the state.