ITC opens Rs. 450-cr food mfg, logistics unit at Medak
ITC Limited has strengthened its presence in Telangana with a state-of-the-art integrated food manufacturing and logistics facility at Medak.
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Hyderabad: ITC Limited has strengthened its presence in Telangana with a state-of-the-art integrated food manufacturing and logistics facility at Medak. IT & Industries Minister KT Rama Rao inaugurated the new unit in the presence of the company's CMD Sanjiv Puri here on Monday.
Spread over nearly 59 acres of land, this food processing facility with a built up area of 6.5 lakh sq ft entails an initial investment outlay of Rs 450 crore which will create large scale livelihoods across sustainable agri-value chains.
On the occasion, the CMD said: "Encouraged by the immense potential that the State offers, we have invested in a world-class facility here. It will be a flag-bearer of sustainability given the multi-dimensional initiatives that will support inclusive growth and promote extensive use of renewable energy".
In line with ITC's commitment towards environmental stewardship, the new unit will be powered by clean energy generated by its rooftop solar energy modules. It is certified as a Platinum-level Green Building by the Indian Green Building Council.
The world-class factory also features a scientifically designed rainwater harvesting system, ensuring maximum conservation and reduced reliance on groundwater and thereby considerably reducing the unit's impact on the environment.
The future-ready facility, equipped with end-to end digital infrastructure, will be producing ITC's world-class foods brands including Aashirvaad atta, Sunfeast biscuits, Bingo! chips and Yippee! Noodles and others in phases.
In-line with ITC's endeavour towards scaling up women participation, the facility will be employing 50 per cent women. The investment in the food processing sector is poised to add value to the State's manufacturing sector and support inclusive agri-value chains.
