![{[setting('site_name')]}](https://projxnews.com/uploads/setting/16983847711140531930.webp)
Magnum Estates Limited is launching an ambitious initiative with its planned Shrimp Processing Project in Deras, Khurda, Odisha. With an investment of 38 crores, this project is designed to significantly bolster the company's footprint in the seafood industry. Spanning a large-scale operation, it aims to handle a remarkable capacity of 6000 tons of shrimp, catering to both domestic and international markets. This venture is poised to tap into the growing global demand for seafood, particularly shrimp, which is prized for its versatility and flavor.
The choice of Deras, Khurda as the project’s location is strategic due to its proximity to rich aquatic resources and its established infrastructure. This area is already recognized as a hub for fishing and seafood processing, providing Magnum Estates with a robust base of skilled labor and logistical advantages. This proximity to source materials will enable the facility to maintain a steady supply chain and ensure the freshness of the shrimp, a critical factor in the seafood processing industry.
Magnum Estates Limited plans to equip the facility with state-of-the-art processing technology. This technology will not only enhance the efficiency of shrimp processing but also ensure that the products meet international standards for quality and safety. The planned facility will include advanced freezing and packaging lines, which are essential for extending the shelf life of seafood products and ensuring they reach global markets in optimal condition.
Sustainability is a cornerstone of this project, reflecting Magnum Estates' commitment to environmental stewardship. The facility will implement sustainable practices such as waste reduction, water recycling, and energy-efficient systems to minimize its ecological footprint. These measures are in line with global trends towards more sustainable food production processes and will help the company meet the expectations of environmentally conscious consumers.
News by Rahul Yelligetti
