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Two Delhi-based companies to invest Rs 295 crore in Chhattisgarh

The Chhattisgarh government has signed MoUs with both the companies - Unity Industries Private Limited and Suruchi Foods Private Limited - for setting up the plants

Photo: Bloomberg
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Photo: Bloomberg

R Krishna Das Raipur
Two firms based in Delhi will invest Rs 295 crore in Chhattisgarh for setting up nutritional supplements, fortified rice, ethanol and power units.
 
The Chhattisgarh government has signed memorandums of understanding (MoUs) with both the companies — Unity Industries Private Limited and Suruchi Foods Private Limited — for setting up the plants.

Both the proposals are likely to create jobs for 920 people in the state.

According to industry department officials, Unity Industries signed an agreement for ethanol extraction from maize-based
cornstarch and damaged rice besides a captive power plant. The company will invest Rs 183 crore. About 120 people will