CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
The Tripura government has taken a significant step towards boosting industrial investment and creating more employment opportunities by partnering with Patanjali Foods Limited to scale up palm oil production in the state.
This collaboration is part of the National Mission on Edible Oils and Oil Palm, a broader initiative aimed at increasing domestic palm oil production across India.
As per the agreement, the government and Patanjali are targeting the cultivation of oil palm on 1,124 hectares of land in Tripura. Impressively, 760 hectares have already been planted.
Chief Minister Manik Saha shared the news on social media platform X, calling the development a key milestone in Tripura’s agricultural progress. He emphasized the importance of this initiative in boosting the state’s overall palm oil production.
Ashok Kumar Singh, the Northeast Head of Patanjali Foods, met with Chief Minister Saha at his official residence to discuss the future of oil palm plantations and their commercial potential. This partnership, according to the state government, is likely to significantly improve the livelihoods of local farmers, giving them more opportunities for income growth.
Recent News
◉ ABCI Infrastructures emerges as L1-bidder for Rs 701 crore highway project - Apr 03,2025◉ PepsiCo to establish a snack manufacturing plant in Tamil Nadu - Apr 03,2025
◉ TreeHouse Hotels inaugurates The Royal Chandra Mahal boutique hotel in Jaipur - Apr 03,2025
◉ Videotex plans to drive expansion, diversification in appliance segment - Apr 03,2025
◉ Mayfair to commence construction of luxury resort near Bhogapuram airport in Andhra Pradesh - Apr 03,2025
◉ Manglam Group to invest Rs 1 000 crore to build hotels in Rajasthan - Apr 03,2025
◉ Sterling and Wilson Renewable bags three orders worth Rs 1,470 crore - Apr 03,2025