Rs400-cr new plant in AP

CCL Products (India) Limited is setting up new manufacturing plant at Continental Coffee Park in Kuvvakolli village in Tirupati district in Andhra Pradesh, with an investment of Rs 400 crore. On last Thursday, Andhra Pradesh Chief Minister YS Jagan Mohan Reddy laid foundation for the new plant which will generate more than 100 direct jobs. Coming up in 22 acres, the plant, with an annual capacity of 16,000 metric tonnes, will manufacture spray dried instant coffee. The production at the new plant will start in Q4 of FY24.