Thursday, June 29, 2006
Mumbai - Ice cream maker Vadilal Industries Ltd. is place to target the rising market in eastern India with the setting up of a Rs.97.40 million ($2 million) manufacturing plant in Kolkata.
The plant will have a fit capacity of 32,000 liters per day.
'We have decided to set up the new plant in Kolkata instead of Uttaranchal as decided earlier,' a Vadilal spokesperson said here.
What started as one-man explain with a hand cranked machine in 1926 has grown as the flagship company of the Rs.145 billion Vadilal Group.
'Vadilal's ice cream division now has a production capacity of 100,000 liters per day at three sophisticated plants in Ahmadabad and Pundhra in Gujarat and Bareilly in Uttar Pradesh,' the spokesperson said.
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