Current Date: 21 Nov, 2024

Chocofly Sweetens MP with Rs 150 Cr Investment

Chocofly Foods Pvt. Ltd. has announced a significant investment in a new candy and chocolate production facility in Rangwasa, Indore, Madhya Pradesh. The project, valued at ₹150 crore, aims to enhance the company’s production capabilities and expand its footprint in the confectionery market.

The new facility will be dedicated to manufacturing a wide range of candies and chocolates, catering to diverse consumer preferences. Spanning several acres, the plant will incorporate state-of-the-art technology to ensure high-quality production and efficient operations. This move aligns with Chocofly Foods' strategy to meet the growing demand for confectionery products both domestically and internationally.

Construction of the facility is set to begin soon, with plans to complete it within the next two years. The project is expected to create numerous job opportunities and stimulate the local economy by engaging with local suppliers and businesses.

Chocofly Foods' investment in Indore reflects its commitment to growth and innovation in the confectionery industry. The new plant will not only boost production but also enhance the company's competitive edge in the market. The expansion will enable Chocofly Foods to deliver a broader range of high-quality products to its customers, reinforcing its position as a key player in the candy and chocolate sector.

News by Rahul Yelligetti

Share

Source : Projxnews