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Cremica Group to set up food park in Himachal Pradesh

Wednesday, 28 May 2014

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Cremica Group, a diversified food products major, is setting up a food park in Himachal Pradesh.

The company is setting up the food park with an investment of Rs 100 crore and is expecting to complete the establishment in 18 to 24 months.

Apart from setting up the food park, the company is also focussing on setting up facilities for processing of tomatoes, which will find a use in concentrations. The company is expecting to invest Rs 25 crore for these tomato processing facilities.

Also, Cremica is focussing on creating facilities for preservation of perishables. At present, it is developing a facility for ketchups and mayonnaise in Mumbai.

The company has started working with about 100 farmers for procuring produce and will increase farmer linkages after the pilot project.

Apart from this, the company is test marketing its Opera brand of chips, which will hit the market shortly.