Manglam Distillers & Bottling Industries is planning to set up a new distillery project at Pacharia in Kamrup district of Assam.
The project will entail an investment of Rs 80 crore. The distillery, with 60 klpd capacity, will also include a cattle feed unit with a capacity of 8,000 tonne per annum.
Manglam Distillers & Bottling Industries will finance the project through internal accruals and bank loan. The company has already acquired 16 bighas of required land for the project.
Work on the project is expected to commence by September 2014. The company is waiting for the necessary clearance and is in the process of achieving financial closure.
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