Rasoya Proteins is looking forward to investing Rs 500 crore to increase its capacity of refining edible oil and to set up new plants.
The company intends to set up a new plant to manufacture ethanol from maize and other agro products. Apart from this, Rasoya Proteins is planning to set up a large scale rice mill unit for processing paddy, and two tur dal processing units in Maharashtra.
Further, the company is also considering setting up a new bran processing unit to produce rice bran oil with the raw material procured from its own mill.
Rasoya Proteins is engaged in manufacturing soya-based products and edible oil such as soya oil, soyameal and value added soya products.