Puratos, the Belgium-based bakery product supplier, will soon infuse an amount of Rs 250 crore to expand its bakery operations in India.
The bakery major supplies ingredients to bakers, confectioners and retailers worldwide, and entered the Indian market five years ago.
The company has its manufacturing facility and Research & Development unit in Mumbai.
Puratos will make an investment of Rs 250 crore in three phases. The company also intends to set up another plant in Mumbai and one innovative centre each, in Bangalore and Delhi.
Apart from this, Puratos India has launched Tegral Puravita whole wheat mix and Carat cover dark compound chocolate in the country. With this, the company's total product range has reached 80 across India in three segments i.e bakery, patisserie and chocolate.
The company will shortly launch four more products.