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Frozen food investment

This article was originally published in Foodnews

HIMACHAL-based frozen food manufacturer Himalya International (HIL), one of India's major food processors, plans to invest INR1100 million (US$23 million) in Rajasthan in an agro-food processing facility. Himalya's chairman, Manmohan Malik, said the state's government has allotted 32 acres in the Jaipur district for the company. The facility will start production of chocolate-coated almonds, roasted almonds, honey almonds, cereal bars and protein bars next year. The company hopes to use farmers in Rajasthan for contract farming. Himalya is also in the process of setting up another facility in Gujarat where ready-to-eat vegetable products, frozen mushrooms, mozzarella cheese, yogurt and various dairy products will be produced.



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