The Director of Hindustan Foods Limited has confirmed that its subsidiary, Hindustan Foods Limited Consumer Products is going to invest Rs. 125 crore in order to set up a manufacturing unit in North India. He further added that they are currently weighing their options on new projects which involve some of the leading companies in this sector. They expect to reach Rs. 2000 crore by the end of FY2022 and believe all radical changes will lead them to this milestone. HFL plans to set up a food and beverages facility.
Hindustan Foods is investing Rs. 125 crore in North India for a factory
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Sanika Abhyankar
Sanika Abhyankar is a Mass Media and Communication student at Ruia College, Mumbai. Sanika is keen on pursuing International Affairs in the near future. She is an optimist who loves to debate and is fond of watching romantic comedies. She is also a fashion enthusiast. Sanika is currently working as a Journalist at India Shorts and can be contacted through sanikaapersonal@gmail.com