Indore Gets a Taste of Something New: Navy Plastics Announces ₹5 Crore Confectionery Project

Navy Plastics is venturing into the confectionery market with a new project in Rangwasa, Indore, Madhya Pradesh. With an investment of 5 crores, the company is set to establish a confectionery production facility designed to meet growing consumer demand in the region. This project represents a significant pivot for Navy Plastics, traditionally known in the plastics industry, as it expands its business portfolio into food production.

The chosen location in Rangwasa offers strategic advantages due to its proximity to key supply chains and distribution networks. This logistical benefit is crucial for ensuring the seamless supply of raw materials and the efficient distribution of finished products to markets. The area’s developing infrastructure and supportive local government policies make it an ideal spot for such ventures.

Navy Plastics plans to equip the facility with state-of-the-art machinery and technology to produce a wide range of confectionery products. This includes candies, chocolates, and other sweet treats, aiming to cater to diverse tastes and preferences. The use of modern technology will not only enhance production efficiency but also ensure that high standards of food safety and quality are maintained.

In addition to boosting the local economy through job creation, the confectionery project is expected to engage with local suppliers and businesses, fostering community relations and sustainability. Navy Plastics is committed to responsible production practices, including minimizing waste and reducing environmental impact, aligning with global trends towards sustainability in manufacturing.

News by Rahul Yelligetti