ITC to invest Rs 1,500 cr to set up food manufacturing, packaging plants in MP

ITC to invest Rs 1,500 cr to set up food manufacturing, packaging plants in MP

Updated: Sep 3 2023 9:27PM

New Delhi, Aug 3 (PTI) Diversified group ITC on Sunday said it will invest around Rs 1,500 crore to set up an integrated food manufacturing and logistics facility and a sustainable packaging products manufacturing facility at Sehore in Madhya Pradesh.

The two projects spread over an area of nearly 57 acres will give a boost to agricultural and manufacturing sectors in Madhya Pradesh, ITC said in a statement.

"The two projects, when complete, would entail a total investment outlay of Rs 1,500 crores which will support livelihoods across sustainable value chains," it said.