Emami Agrotech, the edible oil and packaged food company of the Emami Group, is planning to invest Rs 1,000 crore to Rs 1,500 crore over the next three years to enter newer categories as part of its plans to become a leading food brand. The company announced commencing production of edible oil from its new Rs 600 crore plant at Kandla, Gujarat. The new plant will help Emami Agrotech to become a national player in the edible oil and food segment. This plant with a production capacity of 3,200 tonnes per day (TPD) is the fourth production unit of the company in India, after Haldia, Krishnapatnam and Jaipur. The new plant will take the total edible oil production capacity of Emami Agrotech to over 12,000 TPD from its earlier capacity of 9,000 TPD. Emami Agrotech will produce refined palm oil, refined soyabean oil, value added products like vanaspati and bakery fats from its Kandla plant. The Rs. 600 crore greenfield Kandla plant got completed in a record time of 1.5 years amidst the challenging times of Covid pandemic. This will help the company to reach out to a wider consumer base across the northern and western regions. The Kandla project of Emami Agrotech is going to generate about 2,000 jobs. Question: Since the organization is at the planning stage, therefore you are required to suggest the right procedure of planning to the organization before making such a huge investment.
Emami Agrotech, the edible oil and packaged food company of the Emami Group, is planning to invest Rs 1,000 crore to Rs 1,500 crore over the next three years to enter newer categories as part of its plans to become a leading food brand. The company announced commencing production of edible oil from its new Rs 600 crore plant at Kandla, Gujarat. The new plant will help Emami Agrotech to become a national player in the edible oil and food segment. This plant with a production capacity of 3,200 tonnes per day (TPD) is the fourth production unit of the company in India, after Haldia, Krishnapatnam and Jaipur.
The new plant will take the total edible oil production capacity of Emami Agrotech to over 12,000 TPD from its earlier capacity of 9,000 TPD. Emami Agrotech will produce refined palm oil, refined soyabean oil, value added products like vanaspati and bakery fats from its Kandla plant.
The Rs. 600 crore greenfield Kandla plant got completed in a record time of 1.5 years amidst the challenging times of Covid pandemic. This will help the company to reach out to a wider consumer base across the northern and western regions. The Kandla project of Emami Agrotech is going to generate about 2,000 jobs.
Question:
Since the organization is at the planning stage, therefore you are required to suggest the right procedure of planning to the organization before making such a huge investment.
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