Emami Agrotech, a part of the Emami group, will expand its edible oil manufacturing capacity to become the number two player in terms of production capacity in the country by 2018.
“Our present manufacturing capacity in edible oils is 4,000 tonnes per day (tpd) between Haldia and Andhra Pradesh plants. Post expansion, the capacity will rise to 8,000 tpd within 2018”, Group Director, Emami, Aditya Agarwal was quoted by PTI as saying.
He was further quoted by PTI as saying that the capacity at Haldia plant would increase from 3,000 tpd to 4,000 tpd, adding the company was in the process of setting up a new plant near Kandla port in Gujarat.
The Gujarat plant would have an initial capacity of 2,000 tpd, which would later be increased.
“After all the expansion, Emami would be the second largest player in terms of capacity after Adani within 18 months”, Agarwal was quoted by PTI as saying.
The company is also setting up another plant in Rajasthan to produce mustard oil.
With the present revenue of Rs 5,000 crore, post expansion this would rise to Rs 10,000 crore. Total investment which would go in was roughly 600 crore, he was quoted by PTI as saying.
The company manufactures a wide range of edible oils like mustard, sunflower, soyabean, palmolien and rice bran under Best Choice and Healthy & Tasty brands.