Stock Report

Tanvi Foods India Ltd commissions new manufacturing unit at Seetharampuram, Andhra Pradesh



Posted On : 2024-04-04 20:24:48( TIMEZONE : IST )

Tanvi Foods India Ltd commissions new manufacturing unit at Seetharampuram, Andhra Pradesh

Tanvi Foods India Ltd has announced that the new state of art manufacturing unit at Seetharampuram, Andhra Pradesh has commenced its commercial operations from today i.e., April 04, 2024.

This state of art unit has been constructed in line with international standards in order to maintain the highest standards of food quality and human safety. This is the largest unit in India which is manufacturing samosas, fresh and frozen agri products, snacks and other products using cutting-edge technology and equipments. The unit has also been installed with a unique blast freezing technology, one of its kind in India, which helps in improving the quality of the products without using any kind of preservatives and increases their shelf life.

The total value of the project is Rs. 45 Cr approx. which has been funded through internal accruals, capital infusion through equity shares and debt. This unit shall allow the Company to increase its SKUs in the market and will also help the Company to fully cater the ever rising demand of Company's Samosas (Veg, Corn. Irani etc.,), fresh and frozen agri products (Corn, Green Peas etc.,), snacks (spring rolls and other types of rolls) and all other products (Dal, curries etc.,), both in India and in the overseas market.

Source : Equity Bulls

Keywords

TanviFoodsIndia Stateoftheart ManufacturingUnit Seetharampuram AndhraPradesh CommercialOperations