Cargil India is planning to expand its facilities in Davangere in Karnataka. Currently, the company produces corn derived products like liquid glucose, maltodextrin and starches. It has a manufacturing capacity of 800 tpd which is likely to be increased to 1200 tpd. The project entails an investment of USD 40 million.
The company sources around 80% of corn from Karnataka and sources the rest from Andhra Pradesh and Bihar. It is also considering to export some of the corn products to Indonesia , Malaysia and Vietnam.
Corn derived products liquid glucose and starches are in great demand in bakeries, confectioneries and baby food products.
|Project Cost (in million)||?2,880|
|Project Capacity||400 tpd|
Company Profile : Cargill India Pvt Ltd