The project will include a Brewery, Distillery and other manufacturing facilities and will be at a cost of approximately Rs 600 crore
Som Distilleries and Breweries has informed that its subsidiary, Woodpecker Greenagri Nutrients is setting up a greenfield project in Farrukhabad, Uttar Pradesh. In an exchange filing, the company said that the project will include a Brewery, Distillery and other manufacturing facilities and will be at a cost of approximately Rs 600 crore.
Uttar Pradesh State Industrial Development Authority (UPSIDA) has allotted a land parcel of 40 acre for the project. The company stated that it will be commencing the construction after securing the regulatory approvals from the Uttar Pradesh government.
The company’s statement added that Uttar Pradesh is one of the largest consumption markets in the country due to its sheer size, demographics and friendly industrial policies. “Our entry into this vibrant market will propel us to be a truly pan India player,” the statement read.
The media reports cited the Chairman of the group who stated that this project marks a key step in their expansion strategy and that the favourable business environment and market potential of the state makes it an ideal location for the company to set up the new facility.
