Future Group is planning to invest Rs 1,000 crore in the food parks business.
The company is setting up three food processing parks across India. Of these, the first one will be inaugurated at Tumkur, near Bangalore, Karnataka, on 24 September 2014, by Prime Minister, Narendra Modi.
The Integrated Food Park located at Koravahalli village, 25 km from Tumkur town is spread across 110 acre of land. It is being set up with an investment of Rs 130 crore.
The park will house pulping, milling, flouring, spice and dal units and will have an 80,000 sq ft cold store to supply fruits and vegetables around the year. It will also have a manufacturing centre for 60 medium-sized food processing units that make ready-to-eat products.
The second food park by Future Group will come up in West Bengal.
The third food park will come up in Madhya Pradesh. The process of acquiring land for this park is already in an advanced stage.
More Project Info:
Food Park (Tumkur)