Pet food firm to expand facility in TS
The Hindu
With ₹500 cr. investment, project to help meet the rising demand for manufactured pet food and create jobs
Pet food company, Mars Petcare India, has entered into an MoU with the Telangana government to expand its factory in the State with an investment of ₹500 crore.
The brownfield project will help meet the rising demand for manufactured pet food, create jobs, support ‘Make in Telangana’ initiative, promote State producers and fuel Asia-wide exports from the region, the company said in a release on Thursday. It, however, did not specify the timeline when the expansion will be completed.
The announcement on the investment followed a meeting the company leadership had with Industries and IT Minister K.T. Rama Rao. The Minister assured that the project will be considered for tailor-made incentives under the mega project category.