The Chief Minister Mr. Y.S. Jaganmohan Reddy laid Foundation Stone for an additional production unit of Mondelez India Foods, a subsidiary of Mondelez International, in Sri City in virtual mode recently.
Welcoming the Chief Minister and other Senior officials, Mr. Venkat Venepally, Vice President (Supply Chain), Mondelez India acknowledged the excellent support and encouragement received from the state government, district administration and Sri City.
“Sri City plant not only contributes to the overall growth of our business in India, but also stands as a model site for sustainability, new innovations and in areas like diversity and inclusion,” he added.
Addressing the gathering the Chief Minister said, “I congratulate the Mondelez India team for going for expansion of their unit in Sri City at an investment of Rs.1,600 crore.
I am also glad to note that the new unit would provide employment opportunity for over 500 people, and benefit more than 1,8000 farmers in the state.”
The CM thanked Mondelez International India for further investing in the state.
Commenting on the occasion, Mr. Ravindra Sannareddy said,”This is the second event in Sri City in which the CM participated, although virtually.
On behalf of the Sri City industrial fraternity, I express my heartfelt appreciation and use this opportunity to welcome him to Sri City for the opening of new units that are nearing completion.