Current Date: 22 Nov, 2024

Rajasthan's Candyland: Nagad Narayan's ₹60 Crore Sweet Treats Factory Takes Root

Nagad Narayan Agro Foods Private Limited's venture into the sugar confectionery sector with their new unit in Bikaner, Rajasthan, holds promise for the Indian candy market. With an investment of ₹60 Crores, this project marks a significant commitment to expanding the company's product portfolio and market reach.

Located in Bikaner, a city renowned for its rich culinary heritage and traditional sweets, the new confectionery unit is strategically positioned to capitalize on local expertise and consumer preferences. This proximity to a vibrant food culture can inspire innovative product offerings tailored to regional tastes.

While the project's production capacity of 15,210 Mln Tonnes Per Annum indicates substantial output potential, specific details about the types of sugar confectionery to be manufactured remain undisclosed. However, considering Bikaner's culinary traditions, the unit may focus on both traditional Indian sweets and Western-style candies to cater to diverse consumer preferences.

The investment in this confectionery unit underscores Nagad Narayan Agro Foods' strategic vision for growth and diversification within the food industry. By leveraging their existing expertise in sugar-based products, the company aims to carve a niche in the competitive confectionery market and capitalize on evolving consumer trends.

Moreover, the establishment of the sugar confectionery unit in Bikaner is expected to generate employment opportunities and contribute to the economic development of the region. This project holds the promise of sweet success for Nagad Narayan Agro Foods as they embark on this flavorful journey into the world of candies.

News by Rahul Yelligetti

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Source : Projxnews