Goyal Salt To Set Up Plant In Gandhidham With Rs 80 Cr Investment
Brands Companies consumer Consumer Stores

Goyal Salt To Set Up Plant In Gandhidham With Rs 80 Cr Investment

Spread over 12 acres of land, the plant is at the trial run stage and expected to be operational by the end of January 2025

Goyal Salt, a fast-moving consumer goods (FMCG) player, is investing Rs 80 crore to set up a large salt manufacturing plant in Gandhidham near the salt capital of Kutch with a capacity of 4,50,000 MT. Spread over 12 acres of land, the plant is at the trial run stage and expected to be operational by the end of January 2025.

Besides the Gandhidham plant, the company has one unit in Nawa City spread over 15 acre solely dedicated to salt refining, raw salt storage and refined salt packaging with a capacity of 2,10,000 MT per annum (pa).

“Gandhidham offers a conducive business environment and continues to be a top destination for investments. This new plant is a key step in our expansion, fostering growth in Western and Eastern parts of the country like Maharashtra, Gujarat, Odisha and Assam,” stated Pramesh Goyal, Managing Director.

Goyal Salt produces premium industrial and edible salts which include triple refined free flow iodized salt, industrial salt and double fortified salt and has a presence in Bihar, Delhi, Haryana, Jharkhand, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh and West Bengal. It is eyeing a spot among the top three salt brands in India, as it continues to strengthen the brand in Western part of the country like Maharashtra and Gujarat.

The company added that the new Gandhidham facility represents a substantial investment of Rs 80 crore. The plant is equipped with cutting-edge technology and infrastructure designed to meet the high standards of salt production.

India is currently the third largest salt-producing country, a position that reflects its strong performance and growth potential. Goyal Salt has been focusing on increasing its production capacity and expanding its product portfolio and market presence.

Leave a Reply

Discover more from BW Retail World

Subscribe now to keep reading and get access to the full archive.

Continue reading