HomeNewsBusinessManpasand Beverages sets up new facility in UP with Rs 180 crore investment
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Manpasand Beverages sets up new facility in UP with Rs 180 crore investment

The new facility is located in Varanasi. We propose to focus on manufacturing our existing range of products.

PTI
August 24, 2018 / 15:45 IST
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Have a long-term outlook | Timing investment is logically impossible because the best entry and exit opportunities are known only in hindsight. No one can predict market movements with certainty. Therefore, it is important to allow your investments to compound over a long term.

Fruit juice maker Manpasand Beverages today said it has completed the setting up a new, Rs 180 crore manufacturing facility in Uttar Pradesh (UP).

"The new facility is located in Varanasi. We propose to focus on manufacturing our existing range of products. With this, we will be better positioned to cater the markets of North and East India," Manpasand Beverages said in a BSE filing.

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Investment for this new facility is approximately Rs 170-180 crore.

The company said the facility will lead to capacity addition of 45,000 to 50,000 cases per day from its existing capacity of around 2,25,000 cases per day.

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