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Private Equity | 9 May 2012

Sanwaria Agro To Raise Funds For Capacity Expansion

by Sushil Surana
Sanwaria Agro To Raise Funds For Capacity Expansion
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Sanwaria Agro is raising upto R50Cr through ECBs for expansion. It has plans to invest upto R200Cr for capacity expansion and introduction of new product lines. It may also raise funding from PE investors in the this fiscal.

This development comes after the company decided to venture into branded soya products, chakki fresh atta and basmati rice business. It has plans to set up manufacturing capacities for soya flour and textures vegetable protein (TVP) and further intends to leverage its manufacturing experience by producing soya milk and soya based beverages.


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