Gujarat Ambuja Exports to Invest ₹333 Crore in New 850 TPD Corn Wet Milling Plant at Hubli, Karnataka
Gujarat Ambuja Exports Limited has announced plans to set up a new 850 tonnes-per-day (TPD) greenfield corn wet milling plant at Hubli, Karnataka, subject to necessary regulatory approvals and clearances. The facility will be built adjacent to the company's existing 750 TPD corn wet milling plant at the same location.
The proposed plant will have capacity to produce 400 TPD of corn starch, 150 TPD of sweeteners and 300 TPD of feed ingredients. The investment is estimated at ₹333 crore, to be funded entirely through internal accruals, with commissioning targeted for Q4 FY2029.
Once completed, the total manufacturing capacity at the Hubli unit will rise to 1,600 TPD, comprising 700 TPD of corn starch, 400 TPD of sweeteners and derivatives, and 500 TPD of feed ingredients.
The project forms part of Gujarat Ambuja Exports' broader expansion strategy. The company, which describes itself as India's largest maize-processing company, currently operates 5,600 TPD of corn wet milling capacity nationally and aims to raise this to 9,000 TPD by 2030. The Hubli addition is a step toward that target and is expected to strengthen the company's integrated manufacturing capabilities and its presence in domestic and international markets.