Britannia Industries plans to invest Rs 100-150 crore to expand its manufacturing capacity in its existing facilities as well as for greenfield projects. Last year, Britannia pumped in around Rs 60 crore as capital expenditure for expanding its sales network, into marketing and upgrading existing facilities.
The Uttaranchal plant, which produces around 370,000 tonnes of biscuits per year, will be the first plant where the capacity will be expanded. It will be followed by setting up new plants. The company is scouting for land at places such as Hyderabad, Asansol and Kolkata.
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| Posted : 7/20/2006 |
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