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ITC deepens investment in Andhra Pradesh

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Chairman hails CM, opens state-of-the-art spices facility in Guntur

Indian Multi-business conglomerate ITC Limited recently launched its internationally benchmarked spices plant in Palnadu, Andhra Pradesh.

Inaugurated by the Chief Minister, Government of Andhra Pradesh, Mr YS Jagan Mohan Reddy the state-of-the-art mega facility will have processing lines for turmeric, chilli, and blended spices, with an annual capacity of 20,400 MT of spices.

Speaking at the inauguration ITC Limited’s chairman Mr Sanjiv Puri, heaped praises on the CM and the government for their proactive support and mentioned that ITC has had a long relationship with Andhra Pradesh.

‘ITC has a very deep and growing relationship with Andhra Pradesh. Our first plant was set up in 1922’ noted Mr Puri.

ITC in AP

18 facilities in AP

Present in Agri, Manufacturing & Services

1st plant opened way back in 1922

ITC Hails Jagan’s Leadership

Praising the Chief minister for his socio-economic programs and for the upliftment of the weaker sections of the society Mr Puri said that Mr Jagan Mohan Reddy’s leadership has been an immense source of inspiration and encouragement to ITC.

‘Our investments since your taking over as CM has only strengthened and accelerated’ said the chairman ITC Limited.

He further added that as investors they are happy to see the state topping in Ease of Doing Business, having the highest GSDP last year and also for topping in attracting investments.

New Spices Plant

The new spices processing plant in Palnadu will have the capability to produce over 15 organic spices and will boost ITC’s food exports globally.

The target global markets are Europe, the US, Canada, Australia, China, among other countries.

The plant will cater to all processing needs, including storage, cleaning, processing, sterilization, packing, quality testing, leading to an end-to-end custody of quality assurance.

The unit will also anchor a sustainable spices value chain that will extend support to farmers through a robust crop development programme ensuring traceability.

New Guntur Facility

Annual capacity of 20,400 MT of spices

Have processing lines forTurmeric, Chilli, and blended spices

To produce over 15 organic spices & boost ITC’s food exports globally

To benefit more than 5,500 farmer families and over 2,200 livelihoods to be supported across the value chain 

Majority of workforce at the unit will include women

More than 5,500 farmer families and over 2,200 livelihoods will be supported across the value chain. The facility will be powered by high-tech energy efficient equipment and will have rooftop solar panels to ensure clean energy consumption.

A majority of the workforce at the unit will include women.

‘Aligned to the Chief Minister’s vision of achieving rapid socio-economic transformation, we have undertaken multi-dimensional initiatives in Andhra Pradesh including a partnership with the Department of Horticulture to transform the State into a global cluster for chill sourcing, besides expanding our footprint of manufacturing and hospitality assets as well as our large- scale social investment programmes’ said Mr Puri.

The company’s extensive Agri-Business presence in the State spans a range of sustainable value chains encompassing spices, rice, aqua, fruits, pulpwood, among others.

ITC’s manufacturing footprint in Andhra Pradesh has been strengthened over the years with over 18 units, including its own facilities and those where the company has promoted local entrepreneurship. ITC has also set up a 5 star property, Welcomhotel Guntur with a rich repertoire of world-class hospitality offerings.

This flagship hotel is the first LEED Platinum certified hotel in Andhra Pradesh and is amongst the first 8 hotels in the world to be LEED Zero Carbon certified.

 

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