Mondelez largest Asia Paciļ¬c
plant
Mondelez India Foods facility is the
first phase. The company also plans to
export at a later stage.
Naidu said the government had decided
Chandrababu Naidu described Andhra
Pradesh as the land of cocoa and milk,
the essential ingredients required to
make chocolates.
Interacting with the top brass of Mondelez International (Cadbury) at the inauguration of their plant at Sri City,
Naidu left no stone unturned to promote the State as the investment destination, both on industrial and
agricultural fronts.
CM trying out Isuzu Motors new vehicle after inauguration
largest in the Asia-Pacific Region and
will produce 60,000 tonnes of Cadbury
Dairy Milk Chocolate. Spread across 134
acres, the entire facility once functional
in 2020 is expected to produce 2.5 lakh
tonnes in multi categories. It will generate 1,600 local jobs.
The company has a market share of 60
per cent in chocolate segment in India
and has invested $100 million in the six
manufacturing facility over years. Inaugurating the plant, the Chief Minister,
said the State has strong supply of milk
production needed for making milk
powder, robust cocoa cultivation and
qualified workforce, which makes Sri
City a favoured destination.
"The multi-category food campus is expected to reach an annual capacity of
2.5 lakh tonnes of production in three
phases by 2020, and employ over 1,600
people in five years," Mondelez India
MD Chandramouli Venkatesan said.
Mondelez India Foods will produce approximately 60,000 tonnes of Cadbury
Dairy Milk chocolate annually in the
MAY 2016
to promote accelerated industrial development as also concentrate on leveraging the full potential of agriculture
sector as it would propel the service
sector generating huge employment.
This was crucial for the newly-formed
State that inherited a few problems on
account of bifurcation and fuelling industrial and agricultural growth was the
lasting solution to overcome these problems.
In this context, he wanted the management of the Sri City to work hard for attracting at least 15 units every quarter
and make it the best place for investments and work. The Sri City industrial
corridor presently had 80 units operating from it with an estimated investment of Rs. 23,000 crore and generating
35,000 jobs.
The Greenfield plant at Sri City was on
trial production for the last two months
and the first consignment of the c