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60,000 crore investment, 3,000+ jobs in food processing sector in Uttar Pradesh

Food Processing  -  Feb 29,2024  - 

The Yogi government in Uttar Pradesh has taken a monumental step towards revolutionizing the food processing industry with the launch of the Ground Breaking Ceremony 4.0, channeling investments worth over Rs 60,000 crore into the sector.

This initiative is set to inaugurate top-tier projects across Bijnor, Muzaffarnagar, Sandila, Bareilly, and Baghpat, promising to create more than 3,000 job opportunities and leverage the popularity of Uttar Pradesh's authentic dishes across the nation.

At the forefront of this ambitious project, Coca-Cola is establishing its largest bottling unit in Bijnor with an investment of Rs 509 crore, expected to generate 275 jobs.

Following closely, Reliance Beverage Private Limited plans to infuse Rs 600 crore in Muzaffarnagar, aiming to create 500 jobs.

Balaji Wafer's commitment of Rs 500 crore towards an integrated food processing unit in Sandila, Hardoi, is anticipated to offer 1,500 job opportunities.

Additional investments by Dhamapur Bio Organics and Grupo Bimbo in Bareilly and Baghpat respectively, along with contributions from various other companies across the state, highlight the extensive scope of this initiative in bolstering economic growth and job creation through the food processing industry.

These investments are not only set to transform Uttar Pradesh into a hub for food processing but also aim to stimulate economic growth by leveraging the state’s rich culinary heritage.

The initiative is a strategic move to enhance the employability of the local populace while attracting national attention towards UP's food processing capabilities. The involvement of major corporations like Coca-Cola, Reliance, and Balaji Wafer underscores the potential for significant economic advancement and industrial growth within the state.

 

Company : Reliance Beverage Private Limited