Indian foods major, Keventer is set to invest Rs 400 crore in setting up new food processing facilities across Gujarat, Karnataka, Bihar and West Bengal. Construction at all four projects is slated to begin by the end of this fiscal.
Of Rs 400 crore, the company will invest Rs 150 crore in Gujarat, where spread over 120 acres, Keventer will set up a processing unit for ready to eat foods. In Karnataka, on the other hand, the company will invest Rs 105 crore in setting up a food pulping unit on 100 acres.
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