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Hindustan Foods likely to begin operations from Uttar Pradesh plant from Q4/FY22

Friday, 12 Nov 2021
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The work on Hindustan Foods’ project in Uttar Pradesh is progressing well, and installation of machines has commenced. The company is likely to start commercial production in Q4/FY22. 
 
Further to the announcement of the setting up of the health and wellness division, the Board has authorised the Management to invest upto Rs 100 crore by way of acquisitions and/or setting up a new factory. 
 
The Board has also authorised the management to invest in an acquisition of a colour cosmetics manufacturing facility with a total investment of up to Rs 30 crore. 
 
The company has also started work on setting up a new factory in Tamil Nadu which will be making sports shoes/ knitted shoes for various customers.
 
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