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Indian investment

This article was originally published in Foodnews

INDIAN food processor Temptation Foods plans to set up three plants with a total investment of INR3.0 billion (US$64.5 million). The new factories in Gujarat, Uttaranchal and Konkan will each have a capacity of 20 000 tonnes. Temptation expects sales of INR6.5-7.0 billion (US$135-146 million) this fiscal year.


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