On 7 August 2009, the Gujarat Government has given its nod for the land
transfer to Himalya International for its proposed mega food project in Gujarat.
The company is planning to set up its mega food processing plant in Gujarat
at an investment of Rs 130 crore. The newly planned facility is likely to be
much bigger than its current facility in Himachal Pradesh and is expected to
make value added products for domestic and export markets.
The proposed project is likely to be funded through internal accruals, term
loans of Rs 90 crore and warrants issued during 2008.
Work on the project is likely to begin in August 2009 and scheduled to be
completed by 2010.
Also See:
Gujarat plans
8,000 MW nuclear power project (18-Jul-09)
Related Links:
Project profile